Living Platform (TSE:7091) Receivables Turnover : 2.02 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Living Platform 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. Living Platform's Revenue for the three months ended in Dec. 2023 was 円4,182 Mil. Living Platform's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,067 Mil. Hence, Living Platform's Receivables Turnover for the three months ended in Dec. 2023 was 2.02.

Living Platform Receivables Turnover Historical Data

The historical data trend for Living Platform'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.

Living Platform Receivables Turnover Chart

Living Platform Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

7.81

7.96

7.60

8.11

8.45

Living Platform Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial														2.12	2.08	2.21	2.09	2.02

Competitive Comparison of Living Platform's Receivables Turnover

For the Medical Care Facilities subindustry, Living Platform'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.

Living Platform's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Living Platform's Receivables Turnover falls into.

Living Platform Receivables Turnover Calculation

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

Living Platform's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	13694.42	/ (	(1555.354	+	1684.208)	/	2 )
=	13694.42	/	1619.781
=	8.45

Living Platform'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 )
=	4181.921	/ (	(2083.583	+	2050.676)	/	2 )
=	4181.921	/	2067.1295
=	2.02

Living Platform (TSE:7091) 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.

Living Platform Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Living Platform's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Living Platform (TSE:7091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Living Platform Ltd (TSE:7091) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-1 Toranomon, Toranomon Daiichi Building 2nd Floor, Minato-ku, Tokyo, JPN, 105-0001

Website

http://www.living-platform.com

Living Platform Ltd is engaged in providing nursing care, childcare, and support for people with disabilities. The company's services include Paid nursing home with care, Elderly housing with service, Visiting care, Regular patrol ad hoc care nursing care, Home-visit nursing, Home care support, Small multifunctional home care, among others.

Living Platform (TSE:7091) Headlines

No Headlines