Columbia Works (TSE:146A) Receivables Turnover : 35.42 (As of Mar. 2024)

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What is Columbia Works 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. Columbia Works's Revenue for the three months ended in Mar. 2024 was 円1,877 Mil. Columbia Works's average Accounts Receivable for the three months ended in Mar. 2024 was 円53 Mil. Hence, Columbia Works's Receivables Turnover for the three months ended in Mar. 2024 was 35.42.

Columbia Works Receivables Turnover Historical Data

The historical data trend for Columbia Works'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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Columbia Works Receivables Turnover Chart

Columbia Works Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

833.50

710.52

498.93

Columbia Works Quarterly Data
	Dec21	Dec22	Sep23	Dec23	Mar24
Receivables Turnover	-	-	-	171.31	35.42

Competitive Comparison of Columbia Works's Receivables Turnover

For the Real Estate - Development subindustry, Columbia Works'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.

Columbia Works's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Columbia Works's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Columbia Works's Receivables Turnover falls into.

Columbia Works Receivables Turnover Calculation

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

Columbia Works's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	14469	/ (	(19	+	39)	/	2 )
=	14469	/	29
=	498.93

Columbia Works's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1877	/ (	(39	+	67)	/	2 )
=	1877	/	53
=	35.42

Columbia Works (TSE:146A) 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.

Columbia Works Receivables Turnover Related Terms

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Columbia Works (TSE:146A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Columbia Works Inc (TSE:146A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-28-15 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://www.columbiaworks.jp

Columbia Works Inc is engaged in Real estate development, Real estate leasing and management and Hotel management.

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