Kansai Paint Co (TSE:4613) Receivables Turnover : 1.15 (As of Dec. 2023)

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What is Kansai Paint 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. Kansai Paint Co's Revenue for the three months ended in Dec. 2023 was 円148,289 Mil. Kansai Paint Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円128,644 Mil. Hence, Kansai Paint Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.15.

Kansai Paint Co Receivables Turnover Historical Data

The historical data trend for Kansai Paint 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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Kansai Paint Co Receivables Turnover Chart

Kansai Paint Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.80

3.53

3.90

4.69

5.11

Kansai Paint Co 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															1.07	1.20	1.11	1.15	1.16

Competitive Comparison of Kansai Paint Co's Receivables Turnover

For the Specialty Chemicals subindustry, Kansai Paint 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.

Kansai Paint Co's Receivables Turnover Distribution in the Chemicals Industry

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

* The bar in red indicates where Kansai Paint Co's Receivables Turnover falls into.

Kansai Paint Co Receivables Turnover Calculation

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

Kansai Paint Co'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 )
=	562277	/ (	(106785	+	113202)	/	2 )
=	562277	/	109993.5
=	5.11

Kansai Paint Co'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 )
=	148289	/ (	(128254	+	129033)	/	2 )
=	148289	/	128643.5
=	1.15

Kansai Paint Co (TSE:4613) 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.

Kansai Paint Co Receivables Turnover Related Terms

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Kansai Paint Co (TSE:4613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kansai Paint Co Ltd (TSE:4613) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KPTCY:USA KSANF:USA KAP:Germany

Address

6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523

Website

http://www.kansai.co.jp

Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co (TSE:4613) Headlines

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