Tokai Holdings (TSE:3167) Days Sales Outstanding : 39.12 (As of Mar. 2024)

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What is Tokai Holdings Days Sales Outstanding?

Tokai Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円28,657 Mil. Tokai Holdings's Revenue for the three months ended in Mar. 2024 was 円66,837 Mil. Hence, Tokai Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.12.

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

TSE:3167' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.03 Med: 46.33 Max: 48.41
Current: 41.86

During the past 13 years, Tokai Holdings's highest Days Sales Outstanding was 48.41. The lowest was 41.03. And the median was 46.33.

TSE:3167's Days Sales Outstanding is ranked better than
70.77% of 496 companies
in the Conglomerates industry
Industry Median: 61.035 vs TSE:3167: 41.86

Tokai Holdings's Days Sales Outstanding declined from Mar. 2023 (40.49) to Mar. 2024 (39.12).

Tokai Holdings Days Sales Outstanding Historical Data

The historical data trend for Tokai Holdings'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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Tokai Holdings Days Sales Outstanding Chart

Tokai Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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47.18

48.41

47.54

46.35

47.41

Tokai Holdings 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															40.49	44.98	40.53	37.83	39.12

Competitive Comparison of Tokai Holdings's Days Sales Outstanding

For the Conglomerates subindustry, Tokai Holdings'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.

Tokai Holdings's Days Sales Outstanding Distribution in the Conglomerates Industry

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

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

Tokai Holdings 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.

Tokai Holdings'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
=	( (29899	+	30241)	/	2 )	/	231513	*	365
=	30070					/	231513	*	365
=	47.41

Tokai Holdings'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
=	( (27072	+	30241)	/	2 )	/	66837	*	365 / 4
=	28656.5					/	66837	*	365 / 4
=	39.12

Tokai Holdings (TSE:3167) Days Sales Outstanding Explanation

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

Tokai Holdings Days Sales Outstanding Related Terms

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Tokai Holdings (TSE:3167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tokai Holdings Corp (TSE:3167) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-6-8, Tokiwa-Cho, Aoi-ku, Shizuoka Prefecture, Shizuoka, JPN, 5008828

Website

http://www.tokaiholdings.co.jp

Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.

Tokai Holdings (TSE:3167) Headlines

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