Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Receivables Turnover : 1.02 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Isetan Mitsukoshi Holdings 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. Isetan Mitsukoshi Holdings's Revenue for the three months ended in Dec. 2023 was $1,064 Mil. Isetan Mitsukoshi Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $1,043 Mil. Hence, Isetan Mitsukoshi Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.02.

Isetan Mitsukoshi Holdings Receivables Turnover Historical Data

The historical data trend for Isetan Mitsukoshi Holdings'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.

* Premium members only.

Isetan Mitsukoshi Holdings Receivables Turnover Chart

Isetan Mitsukoshi Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

8.87

6.89

3.37

3.61

3.52

Isetan Mitsukoshi Holdings 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															0.85	0.85	0.93	1.02	0.82

Competitive Comparison of Isetan Mitsukoshi Holdings's Receivables Turnover

For the Department Stores subindustry, Isetan Mitsukoshi Holdings'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.

Isetan Mitsukoshi Holdings's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Isetan Mitsukoshi Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Isetan Mitsukoshi Holdings's Receivables Turnover falls into.

Isetan Mitsukoshi Holdings Receivables Turnover Calculation

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

Isetan Mitsukoshi Holdings'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 )
=	3580.603	/ (	(1001.928	+	1031.254)	/	2 )
=	3580.603	/	1016.591
=	3.52

Isetan Mitsukoshi Holdings'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 )
=	1064.394	/ (	(921.052	+	1165.025)	/	2 )
=	1064.394	/	1043.0385
=	1.02

Isetan Mitsukoshi Holdings (OTCPK:IMHDF) 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.

Isetan Mitsukoshi Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Isetan Mitsukoshi Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Isetan Mitsukoshi Holdings Ltd (OTCPK:IMHDF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

3099:Japan 4HP:Germany

Address

5-16-10 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

https://www.imhds.co.jp

Isetan Mitsukoshi Holdings Ltd. is a Japan-based holding company. It is engaged in the management planning and management of subsidiaries and group companies engaged in the department store and other businesses as well as the handling of all related operations. The company has three flagship Stores, The Isetan Shinjuku Main Store which gives life to art, music, and future entertainment, The Mitsukoshi Nihombashi Main Store creates art and culture that appeal to a new segment of customers, and The Mitsukoshi Ginza Store which has refined itself to serve the needs of a global clientele.

Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Headlines

From GuruFocus

Embark on a Vibrant Izakaya Adventure at Shiki-Sai: Sushi Izakaya

By PRNewswire • 08-28-2023