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Nihon M&A Center Holdings (TSE:2127) Receivables Turnover : 6.67 (As of Dec. 2023)


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What is Nihon M&A Center 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. Nihon M&A Center Holdings's Revenue for the three months ended in Dec. 2023 was 円11,976 Mil. Nihon M&A Center Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,796 Mil. Hence, Nihon M&A Center Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 6.67.


Nihon M&A Center Holdings Receivables Turnover Historical Data

The historical data trend for Nihon M&A Center 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.

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Nihon M&A Center Holdings Receivables Turnover Chart

Nihon M&A Center Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.59 12.91 17.92 18.53 15.83

Nihon M&A Center 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 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 5.30 3.84 5.85 6.67 6.96

Competitive Comparison of Nihon M&A Center Holdings's Receivables Turnover

For the Capital Markets subindustry, Nihon M&A Center 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.


Nihon M&A Center Holdings's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nihon M&A Center Holdings's Receivables Turnover falls into.



Nihon M&A Center Holdings Receivables Turnover Calculation

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

Nihon M&A Center 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 )
=44136.889 / ((2998.881 + 2579.173) / 2 )
=44136.889 / 2789.027
=15.83

Nihon M&A Center 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 )
=11975.776 / ((2438.908 + 1152.628) / 2 )
=11975.776 / 1795.768
=6.67

* 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.


Nihon M&A Center Holdings  (TSE:2127) 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.


Nihon M&A Center Holdings Receivables Turnover Related Terms

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Nihon M&A Center Holdings (TSE:2127) Business Description

Traded in Other Exchanges
Address
1-8-2, Marunouchi, 24th Floor, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.

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