Vrain Solution (TSE:135A) Receivables Turnover : 6.25 (As of Feb. 2024)

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What is Vrain Solution 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. Vrain Solution's Revenue for the six months ended in Feb. 2024 was 円1,411 Mil. Vrain Solution's average Accounts Receivable for the six months ended in Feb. 2024 was 円226 Mil. Hence, Vrain Solution's Receivables Turnover for the six months ended in Feb. 2024 was 6.25.

Vrain Solution Receivables Turnover Historical Data

The historical data trend for Vrain Solution'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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Vrain Solution Receivables Turnover Chart

Vrain Solution Annual Data

Trend

Feb22

Feb23

Feb24

Receivables Turnover

14.81

6.80

6.25

Vrain Solution Semi-Annual Data
	Feb22	Feb23	Feb24
Receivables Turnover	14.81	6.80	6.25

Competitive Comparison of Vrain Solution's Receivables Turnover

For the Software - Infrastructure subindustry, Vrain Solution'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.

Vrain Solution's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Vrain Solution's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vrain Solution's Receivables Turnover falls into.

Vrain Solution Receivables Turnover Calculation

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

Vrain Solution's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Receivables Turnover (A: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2024 )	/ (	(Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )
=	1411.008	/ (	(158.375	+	292.989)	/	2 )
=	1411.008	/	225.682
=	6.25

Vrain Solution's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	1411.008	/ (	(158.375	+	292.989)	/	2 )
=	1411.008	/	225.682
=	6.25

Vrain Solution (TSE:135A) 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.

Vrain Solution Receivables Turnover Related Terms

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Vrain Solution (TSE:135A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vrain Solution Inc (TSE:135A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

17Floor Harumi Island Triton Square Office, Tower Y, 1-8-11 Harumi, Chuo-ku, Tokyo, JPN, 104-6117

Website

https://www.vrain.co.jp

Vrain Solution Inc is engaged in providing AI solutions for the manufacturing industry. It provides AI visual inspection, AI vibration inspection, AI abnormal sound inspection, production planning optimization and Safety management.

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