Sumitomo Rubber Industries (TSE:5110) Days Sales Outstanding : 60.17 (As of Dec. 2023)

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What is Sumitomo Rubber Industries Days Sales Outstanding?

Sumitomo Rubber Industries's average Accounts Receivable for the three months ended in Dec. 2023 was 円215,425 Mil. Sumitomo Rubber Industries's Revenue for the three months ended in Dec. 2023 was 円326,697 Mil. Hence, Sumitomo Rubber Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.17.

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

TSE:5110' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.87 Med: 82.8 Max: 91.96
Current: 66.05

During the past 13 years, Sumitomo Rubber Industries's highest Days Sales Outstanding was 91.96. The lowest was 65.87. And the median was 82.80.

TSE:5110's Days Sales Outstanding is ranked worse than
57.1% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs TSE:5110: 66.05

Sumitomo Rubber Industries's Days Sales Outstanding increased from Dec. 2022 (57.99) to Dec. 2023 (60.17).

Sumitomo Rubber Industries Days Sales Outstanding Historical Data

The historical data trend for Sumitomo Rubber Industries'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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Sumitomo Rubber Industries Days Sales Outstanding Chart

Sumitomo Rubber Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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80.27

85.36

73.50

67.50

65.87

Sumitomo Rubber Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															57.99	70.35	68.24	66.59	60.17

Competitive Comparison of Sumitomo Rubber Industries's Days Sales Outstanding

For the Auto Parts subindustry, Sumitomo Rubber Industries'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.

Sumitomo Rubber Industries's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Rubber Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sumitomo Rubber Industries's Days Sales Outstanding falls into.

Sumitomo Rubber Industries 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.

Sumitomo Rubber Industries's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (209009	+	215970)	/	2 )	/	1177399	*	365
=	212489.5					/	1177399	*	365
=	65.87

Sumitomo Rubber Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (214880	+	215970)	/	2 )	/	326697	*	365 / 4
=	215425					/	326697	*	365 / 4
=	60.17

Sumitomo Rubber Industries (TSE:5110) Days Sales Outstanding Explanation

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

Sumitomo Rubber Industries Days Sales Outstanding Related Terms

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Sumitomo Rubber Industries (TSE:5110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Rubber Industries Ltd (TSE:5110) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SMTUF:USA 108:Germany

Address

3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072

Website

http://www.srigroup.co.jp

Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

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