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TOSE Co (TSE:4728) Receivables Turnover : 0.66 (As of Feb. 2024)


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What is TOSE 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. TOSE Co's Revenue for the three months ended in Feb. 2024 was 円1,077 Mil. TOSE Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円1,639 Mil. Hence, TOSE Co's Receivables Turnover for the three months ended in Feb. 2024 was 0.66.


TOSE Co Receivables Turnover Historical Data

The historical data trend for TOSE 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.

* Premium members only.

TOSE Co Receivables Turnover Chart

TOSE Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 3.52 3.24 2.75 3.81

TOSE 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 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 0.66 0.77 0.90 0.74 0.66

Competitive Comparison of TOSE Co's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, TOSE 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.


TOSE Co's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TOSE Co's Receivables Turnover distribution charts can be found below:

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



TOSE Co Receivables Turnover Calculation

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

TOSE Co's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=5783.02 / ((1880.973 + 1153.917) / 2 )
=5783.02 / 1517.445
=3.81

TOSE 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 )
=1076.516 / ((1391.027 + 1886.673) / 2 )
=1076.516 / 1638.85
=0.66

* 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.


TOSE Co  (TSE:4728) 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.


TOSE Co Receivables Turnover Related Terms

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TOSE Co (TSE:4728) Business Description

Traded in Other Exchanges
N/A
Address
Higasinotoindori Shijo Sagaru, Shimogyo-ku,, Kyoto, JPN, 600-8091
TOSE Co Ltd is engaged in the planning, development and operation of game software and mobile contents. It is well known for the development of Nintendo's Mr. Game and Watch Gallery series, as well as working on several other Nintendo products.

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