AHC Group (TSE:7083) Receivables Turnover : 1.57 (As of Feb. 2024)

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What is AHC Group 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. AHC Group's Revenue for the three months ended in Feb. 2024 was 円1,501 Mil. AHC Group's average Accounts Receivable for the three months ended in Feb. 2024 was 円957 Mil. Hence, AHC Group's Receivables Turnover for the three months ended in Feb. 2024 was 1.57.

AHC Group Receivables Turnover Historical Data

The historical data trend for AHC Group'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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AHC Group Receivables Turnover Chart

AHC Group Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Receivables Turnover

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6.85

6.09

5.69

5.87

6.23

AHC Group Quarterly Data
	Nov18	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															1.52	1.61	1.55	1.53	1.57

Competitive Comparison of AHC Group's Receivables Turnover

For the Medical Care Facilities subindustry, AHC Group'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.

AHC Group's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AHC Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AHC Group's Receivables Turnover falls into.

AHC Group Receivables Turnover Calculation

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

AHC Group's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Receivables Turnover (A: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2023 )	/ (	(Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )
=	5915.131	/ (	(914.073	+	985.084)	/	2 )
=	5915.131	/	949.5785
=	6.23

AHC Group'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 )
=	1501.262	/ (	(985.084	+	928.008)	/	2 )
=	1501.262	/	956.546
=	1.57

AHC Group (TSE:7083) 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.

AHC Group Receivables Turnover Related Terms

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AHC Group (TSE:7083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AHC Group Inc (TSE:7083) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

2-11-9, Iwamotocho, 2nd Floor Itopia Hashimoto Building, Chiyoda-ku, Tokyo, JPN, 11101-0032

Website

https://www.ahc.co.jp

AHC Group Inc is a provider of disability welfare and nursing care services. The welfare business provides children with a disability place support and employment support. The nursing care business provides day care services for the elderly. The company operates a restaurant business.

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