Ariake Japan Co (FRA:5EF) Receivables Turnover : 1.22 (As of Dec. 2023)

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What is Ariake Japan Co Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Ariake Japan Co's Revenue for the three months ended in Dec. 2023 was €107.2 Mil. Ariake Japan Co's average Accounts Receivable for the three months ended in Dec. 2023 was €87.9 Mil. Hence, Ariake Japan Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.22.

Ariake Japan Co Receivables Turnover Historical Data

The historical data trend for Ariake Japan Co's Receivables Turnover 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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Ariake Japan Co Receivables Turnover Chart

Ariake Japan Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.40

4.80

4.86

4.56

4.39

Ariake Japan Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.05	1.14	1.22	1.22	1.05

Competitive Comparison of Ariake Japan Co's Receivables Turnover

For the Packaged Foods subindustry, Ariake Japan Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Ariake Japan Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ariake Japan Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ariake Japan Co's Receivables Turnover falls into.

Ariake Japan Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Ariake Japan Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	368.332	/ (	(84.704	+	82.951)	/	2 )
=	368.332	/	83.8275
=	4.39

Ariake Japan Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	107.156	/ (	(79.491	+	96.216)	/	2 )
=	107.156	/	87.8535
=	1.22

Ariake Japan Co (FRA:5EF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Ariake Japan Co Receivables Turnover Related Terms

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Ariake Japan Co (FRA:5EF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ariake Japan Co Ltd (FRA:5EF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

2815:Japan

Address

3-2-17 Ebisu-Minami, Shibuya-ku, Tokyo, JPN, 150-0022

Website

http://www.ariakejapan.com

Ariake Japan Co Ltd is engaged in manufacturing, processing, and sale of natural seasonings, marine products, as well as agricultural and livestock products. The company also provides technical guidance related to its products and manages restaurants. The products are categorized into different uses including products for instant noodle manufacturers such as soup bases; products for hotels and restaurants such as sauces and soup stock; products for food processing companies such as curries, ham, and sausages; and products for export. The company primarily operates in Japan and also owns manufacturing sites in multiple countries such as China, the U.S., Netherlands, France, and Belgium.

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