Tokyo Steel Manufacturing Co (TSE:5423) Days Sales Outstanding : 29.95 (As of Dec. 2023)

View and export this data going back to 1974. Start your Free Trial

What is Tokyo Steel Manufacturing Co Days Sales Outstanding?

Tokyo Steel Manufacturing Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円28,714 Mil. Tokyo Steel Manufacturing Co's Revenue for the three months ended in Dec. 2023 was 円87,476 Mil. Hence, Tokyo Steel Manufacturing Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 29.95.

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

TSE:5423' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.1 Med: 34.54 Max: 41.14
Current: 31.1

During the past 13 years, Tokyo Steel Manufacturing Co's highest Days Sales Outstanding was 41.14. The lowest was 31.10. And the median was 34.54.

TSE:5423's Days Sales Outstanding is ranked better than
70.9% of 598 companies
in the Steel industry
Industry Median: 49.815 vs TSE:5423: 31.10

Tokyo Steel Manufacturing Co's Days Sales Outstanding increased from Dec. 2022 (28.50) to Dec. 2023 (29.95).

Tokyo Steel Manufacturing Co Days Sales Outstanding Historical Data

The historical data trend for Tokyo Steel Manufacturing Co'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.

* Premium members only.

Tokyo Steel Manufacturing Co Days Sales Outstanding Chart

Tokyo Steel Manufacturing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

33.88

41.14

32.19

33.00

35.20

Tokyo Steel Manufacturing Co 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															32.84	31.30	34.22	29.95	27.89

Competitive Comparison of Tokyo Steel Manufacturing Co's Days Sales Outstanding

For the Steel subindustry, Tokyo Steel Manufacturing Co'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.

Tokyo Steel Manufacturing Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tokyo Steel Manufacturing Co's Days Sales Outstanding falls into.

Tokyo Steel Manufacturing Co 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.

Tokyo Steel Manufacturing Co'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
=	( (35421	+	0)	/	1 )	/	367242	*	365
=	35421					/	367242	*	365
=	35.20

Tokyo Steel Manufacturing Co'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
=	( (29734	+	27694)	/	2 )	/	87476	*	365 / 4
=	28714					/	87476	*	365 / 4
=	29.95

Tokyo Steel Manufacturing Co (TSE:5423) Days Sales Outstanding Explanation

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

Tokyo Steel Manufacturing Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Tokyo Steel Manufacturing Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Tokyo Steel Manufacturing Co (TSE:5423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tokyo Steel Manufacturing Co Ltd (TSE:5423) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kasumigaseki-Tokyu Bldg 15th Floor,, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013

Website

http://www.tokyosteel.co.jp

Tokyo Steel Manufacturing Co Ltd is a Japan-based company primarily engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates most of its revenue from the Japanese domestic market.

Tokyo Steel Manufacturing Co (TSE:5423) Headlines

No Headlines