Tsubakimoto Chain Co (TSE:6371) Days Sales Outstanding : 61.56 (As of Dec. 2023)

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What is Tsubakimoto Chain Co Days Sales Outstanding?

Tsubakimoto Chain Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円45,906 Mil. Tsubakimoto Chain Co's Revenue for the three months ended in Dec. 2023 was 円68,046 Mil. Hence, Tsubakimoto Chain Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.56.

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

TSE:6371' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.17 Med: 78.57 Max: 88.35
Current: 64.17

During the past 13 years, Tsubakimoto Chain Co's highest Days Sales Outstanding was 88.35. The lowest was 64.17. And the median was 78.57.

TSE:6371's Days Sales Outstanding is ranked better than
66.18% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs TSE:6371: 64.17

Tsubakimoto Chain Co's Days Sales Outstanding declined from Dec. 2022 (71.26) to Dec. 2023 (61.56).

Tsubakimoto Chain Co Days Sales Outstanding Historical Data

The historical data trend for Tsubakimoto Chain 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.

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Tsubakimoto Chain Co Days Sales Outstanding Chart

Tsubakimoto Chain Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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68.33

74.49

84.47

75.74

68.55

Tsubakimoto Chain Co 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															71.26	64.50	68.61	61.87	61.56

Competitive Comparison of Tsubakimoto Chain Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Tsubakimoto Chain 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.

Tsubakimoto Chain Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsubakimoto Chain Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tsubakimoto Chain Co's Days Sales Outstanding falls into.

Tsubakimoto Chain 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.

Tsubakimoto Chain Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (45773	+	48718)	/	2 )	/	251574	*	365
=	47245.5					/	251574	*	365
=	68.55

Tsubakimoto Chain 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
=	( (46157	+	45655)	/	2 )	/	68046	*	365 / 4
=	45906					/	68046	*	365 / 4
=	61.56

Tsubakimoto Chain Co (TSE:6371) Days Sales Outstanding Explanation

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

Tsubakimoto Chain Co Days Sales Outstanding Related Terms

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Tsubakimoto Chain Co (TSE:6371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tsubakimoto Chain Co (TSE:6371) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

TSB:Germany

Address

Nakanoshima Mitsui Building, 6F, 3-3-3, Nakanoshima, Kita-ku, Osaka, JPN, 530-0005

Website

http://www.tsubakimoto.jp

Tsubakimoto Chain Co. is a Japan-based company that is engaged in manufacturing and sales of various variable speed drives, handling equipment and other related products and services. The company operates through four divisions. The Chain operation supplies chain products, including drive chains and conveyor chains. The Automotive Parts operation provides automotive timing drive systems, timing belts, long belts and others. The Power Transmission Unites and Component operation provides reducers, variable speed drives, motion control units and others. The Materials Handling Systems operation supplies sorting systems, conveyance systems, storage and picking systems and others. The company generates most of its revenue from Japan, America and Europe.

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