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Hamamatsu Photonics KK (TSE:6965) Receivables Turnover : 1.11 (As of Mar. 2024)


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What is Hamamatsu Photonics KK 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. Hamamatsu Photonics KK's Revenue for the three months ended in Mar. 2024 was 円50,474 Mil. Hamamatsu Photonics KK's average Accounts Receivable for the three months ended in Mar. 2024 was 円45,441 Mil. Hence, Hamamatsu Photonics KK's Receivables Turnover for the three months ended in Mar. 2024 was 1.11.


Hamamatsu Photonics KK Receivables Turnover Historical Data

The historical data trend for Hamamatsu Photonics KK'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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Hamamatsu Photonics KK Receivables Turnover Chart

Hamamatsu Photonics KK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.09 4.15 4.52 4.53 4.42

Hamamatsu Photonics KK 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 1.12 1.08 1.15 1.11 1.11

Competitive Comparison of Hamamatsu Photonics KK's Receivables Turnover

For the Electronic Components subindustry, Hamamatsu Photonics KK'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.


Hamamatsu Photonics KK's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hamamatsu Photonics KK's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hamamatsu Photonics KK's Receivables Turnover falls into.



Hamamatsu Photonics KK Receivables Turnover Calculation

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

Hamamatsu Photonics KK's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=221445 / ((49751 + 50471) / 2 )
=221445 / 50111
=4.42

Hamamatsu Photonics KK'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 )
=50474 / ((46103 + 44778) / 2 )
=50474 / 45440.5
=1.11

* 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.


Hamamatsu Photonics KK  (TSE:6965) 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.


Hamamatsu Photonics KK Receivables Turnover Related Terms

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Hamamatsu Photonics KK (TSE:6965) Business Description

Traded in Other Exchanges
Address
325-6, Sunayama-cho, Naka-ku, Shizuoka Pref, Hamamatsu, JPN, 430-8587
Hamamatsu Photonics KK is a Japan-based company that manufactures and distributes optical components and devices for use in life science equipment and systems, drug discovery systems, and material evaluation systems. The firm operates in four segments: Electronic Tube segment, which manufactures photomultiplier tubes; Optical Semiconductor segment, which sells optical sensors and other semiconductor components; Image Measuring Equipment, which manufactures the equipment for various measurement systems; and Others, which includes the hospitality business.

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