Sojitz (TSE:2768) Days Sales Outstanding : 118.59 (As of Mar. 2024)

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What is Sojitz Days Sales Outstanding?

Sojitz's average Accounts Receivable for the three months ended in Mar. 2024 was 円814,235 Mil. Sojitz's Revenue for the three months ended in Mar. 2024 was 円626,533 Mil. Hence, Sojitz's Days Sales Outstanding for the three months ended in Mar. 2024 was 118.59.

The historical rank and industry rank for Sojitz's Days Sales Outstanding or its related term are showing as below:

TSE:2768' s Days Sales Outstanding Range Over the Past 10 Years
Min: 109.33 Med: 122.27 Max: 145.14
Current: 120.06

During the past 13 years, Sojitz's highest Days Sales Outstanding was 145.14. The lowest was 109.33. And the median was 122.27.

TSE:2768's Days Sales Outstanding is ranked worse than
80.65% of 496 companies
in the Conglomerates industry
Industry Median: 61.035 vs TSE:2768: 120.06

Sojitz's Days Sales Outstanding declined from Mar. 2023 (141.26) to Mar. 2024 (118.59).

Sojitz Days Sales Outstanding Historical Data

The historical data trend for Sojitz's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sojitz Days Sales Outstanding Chart

Sojitz Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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138.20

145.14

124.03

116.75

122.58

Sojitz Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															141.26	128.66	111.87	119.70	118.59

Competitive Comparison of Sojitz's Days Sales Outstanding

For the Conglomerates subindustry, Sojitz's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sojitz's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sojitz's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sojitz's Days Sales Outstanding falls into.

Sojitz Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Sojitz's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (794898	+	826972)	/	2 )	/	2414648	*	365
=	810935					/	2414648	*	365
=	122.58

Sojitz's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (801498	+	826972)	/	2 )	/	626533	*	365 / 4
=	814235					/	626533	*	365 / 4
=	118.59

Sojitz (TSE:2768) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Sojitz Days Sales Outstanding Related Terms

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Sojitz (TSE:2768) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sojitz Corp (TSE:2768) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SZHFF:USA XEB:Germany

Address

1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691

Website

http://www.sojitz.com

Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

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