HAZAMA ANDO (TSE:1719) Receivables Turnover : 0.60 (As of Dec. 2023)

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What is HAZAMA ANDO 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. HAZAMA ANDO's Revenue for the three months ended in Dec. 2023 was 円100,188 Mil. HAZAMA ANDO's average Accounts Receivable for the three months ended in Dec. 2023 was 円167,317 Mil. Hence, HAZAMA ANDO's Receivables Turnover for the three months ended in Dec. 2023 was 0.60.

HAZAMA ANDO Receivables Turnover Historical Data

The historical data trend for HAZAMA ANDO'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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HAZAMA ANDO Receivables Turnover Chart

HAZAMA ANDO Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.95

2.72

2.60

2.61

2.41

HAZAMA ANDO 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															0.77	0.58	0.68	0.60	0.63

Competitive Comparison of HAZAMA ANDO's Receivables Turnover

For the Engineering & Construction subindustry, HAZAMA ANDO'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.

HAZAMA ANDO's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, HAZAMA ANDO's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HAZAMA ANDO's Receivables Turnover falls into.

HAZAMA ANDO Receivables Turnover Calculation

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

HAZAMA ANDO'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 )
=	394127	/ (	(145094	+	181565)	/	2 )
=	394127	/	163329.5
=	2.41

HAZAMA ANDO'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 )
=	100188	/ (	(153823	+	180811)	/	2 )
=	100188	/	167317
=	0.60

HAZAMA ANDO (TSE:1719) 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.

HAZAMA ANDO Receivables Turnover Related Terms

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HAZAMA ANDO (TSE:1719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HAZAMA ANDO Corp (TSE:1719) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

2PW:Germany

Address

No. 20, No. 1 Minato-ku, Akasaka 6-chome, Tokyo, JPN, 107-8658

Website

http://www.ad-hzm.co.jp

HAZAMA ANDO Corp is a Japanese company which is mainly engaged in construction and construction-related business. The company has three reportable segments namely Civil Engineering, Building Construction and Consolidated Subsidiaries. The Civil Engineering services include surveys, measurements, planning, designing, execution, supervising, technical guidance commissioning, and consulting work. It also provides collection, handling, and disposal of waste, and consulting work relating to such business as well as an area development, urban development, and environmental improvements. The majority of the company's revenue comes from the domestic business in Japan.

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