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K&O Energy Group (TSE:1663) Receivables Turnover : 2.42 (As of Mar. 2024)


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What is K&O Energy Group 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. K&O Energy Group's Revenue for the three months ended in Mar. 2024 was 円25,925 Mil. K&O Energy Group's average Accounts Receivable for the three months ended in Mar. 2024 was 円10,732 Mil. Hence, K&O Energy Group's Receivables Turnover for the three months ended in Mar. 2024 was 2.42.


K&O Energy Group Receivables Turnover Historical Data

The historical data trend for K&O Energy Group'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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K&O Energy Group Receivables Turnover Chart

K&O Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.45 8.74 8.23 8.71 7.38

K&O Energy Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 2.21 2.57 2.36 2.42

Competitive Comparison of K&O Energy Group's Receivables Turnover

For the Utilities - Regulated Gas subindustry, K&O Energy Group'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.


K&O Energy Group's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, K&O Energy Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where K&O Energy Group's Receivables Turnover falls into.



K&O Energy Group Receivables Turnover Calculation

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

K&O Energy Group'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 )
=96298 / ((14924 + 11183) / 2 )
=96298 / 13053.5
=7.38

K&O Energy Group'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 )
=25925 / ((11183 + 10280) / 2 )
=25925 / 10731.5
=2.42

* 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.


K&O Energy Group  (TSE:1663) 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.


K&O Energy Group Receivables Turnover Related Terms

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K&O Energy Group (TSE:1663) Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Nihonbashi-Muromachi, Chuo-ku, Tokyo, JPN, 103-0022
K&O Energy Group Inc through its subsidiaries is engaged in gas business and iodine business in Japan.

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