Air Water (TSE:4088) Receivables Turnover : 1.20 (As of Mar. 2024)

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What is Air Water 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. Air Water's Revenue for the three months ended in Mar. 2024 was 円279,872 Mil. Air Water's average Accounts Receivable for the three months ended in Mar. 2024 was 円233,074 Mil. Hence, Air Water's Receivables Turnover for the three months ended in Mar. 2024 was 1.20.

Air Water Receivables Turnover Historical Data

The historical data trend for Air Water'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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Air Water Receivables Turnover Chart

Air Water Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.35

4.29

4.54

4.65

4.36

Air Water 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															1.23	1.06	1.18	1.22	1.20

Competitive Comparison of Air Water's Receivables Turnover

For the Specialty Chemicals subindustry, Air Water'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.

Air Water's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Water's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Air Water's Receivables Turnover falls into.

Air Water Receivables Turnover Calculation

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

Air Water'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 )
=	1024540	/ (	(229276	+	240584)	/	2 )
=	1024540	/	234930
=	4.36

Air Water'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 )
=	279872	/ (	(225563	+	240584)	/	2 )
=	279872	/	233073.5
=	1.20

Air Water (TSE:4088) 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.

Air Water Receivables Turnover Related Terms

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Air Water (TSE:4088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Air Water Inc (TSE:4088) » Definitions » Receivables Turnover

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AWTRF:USA 0AW:Germany

Address

12-8, Minami Semba 2-chome, Chuo-ku, Osaka, JPN, 542-0081

Website

http://www.awi.co.jp

Air Water Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into five primary segments based on product type. The industrial gas segment, which generates the most revenue of any segment, sells gases including oxygen used in blast furnaces to produce steel. The chemical business sells coal and fine chemicals to the agricultural and pharmaceutical industries. The medical segment sells medical gases and sterilization equipment to hospitals and home-care facilities. The agricultural and food products segment sells delicatessen meat, frozen foods, and fruit and vegetable juices. The energy segment sells natural gas.

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