STUDIO ATAO Co (TSE:3550) Receivables Turnover : 5.82 (As of Feb. 2024)

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What is STUDIO ATAO Co 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. STUDIO ATAO Co's Revenue for the three months ended in Feb. 2024 was 円1,084 Mil. STUDIO ATAO Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円186 Mil. Hence, STUDIO ATAO Co's Receivables Turnover for the three months ended in Feb. 2024 was 5.82.

STUDIO ATAO Co Receivables Turnover Historical Data

The historical data trend for STUDIO ATAO Co'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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STUDIO ATAO Co Receivables Turnover Chart

STUDIO ATAO Co Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Receivables Turnover

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14.55

9.67

7.52

13.13

18.38

STUDIO ATAO Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															6.78	5.33	4.21	4.63	5.82

Competitive Comparison of STUDIO ATAO Co's Receivables Turnover

For the Footwear & Accessories subindustry, STUDIO ATAO Co'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.

STUDIO ATAO Co's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, STUDIO ATAO Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where STUDIO ATAO Co's Receivables Turnover falls into.

STUDIO ATAO Co Receivables Turnover Calculation

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

STUDIO ATAO Co'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 )
=	3241.449	/ (	(157.612	+	195.056)	/	2 )
=	3241.449	/	176.334
=	18.38

STUDIO ATAO Co'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: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	1083.937	/ (	(177.645	+	195.056)	/	2 )
=	1083.937	/	186.3505
=	5.82

STUDIO ATAO Co (TSE:3550) 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.

STUDIO ATAO Co Receivables Turnover Related Terms

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STUDIO ATAO Co (TSE:3550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » STUDIO ATAO Co Ltd (TSE:3550) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

8-2, Chuo-ku, Kobe-shi, Hyogo Prefecture, Chuo-ku, Tokyo, JPN, 651-0087

Website

http://www.atao.co.jp

STUDIO ATAO Co Ltd design and sells bags and purses. The company also manages direct retail stores and internet stores. The firm engages in the planning and sale of original bags, wallets. It also administers and manages stores; produces and operates Internet shops; and plans and produces paper media, including illustrations, as well as engages in character planning, creation, planning, and production of promotional goods, such as novelties.

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