Poplar Co (TSE:7601) Receivables Turnover : 19.14 (As of Feb. 2024)

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What is Poplar 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. Poplar Co's Revenue for the three months ended in Feb. 2024 was 円2,939 Mil. Poplar Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円154 Mil. Hence, Poplar Co's Receivables Turnover for the three months ended in Feb. 2024 was 19.14.

Poplar Co Receivables Turnover Historical Data

The historical data trend for Poplar 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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Poplar Co Receivables Turnover Chart

Poplar Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Receivables Turnover

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72.04

50.25

49.15

71.94

57.41

Poplar 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															25.60	22.00	39.33	38.87	19.14

Competitive Comparison of Poplar Co's Receivables Turnover

For the Department Stores subindustry, Poplar 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.

Poplar Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Poplar Co's Receivables Turnover distribution charts can be found below:

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

Poplar Co Receivables Turnover Calculation

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

Poplar Co's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Receivables Turnover (A: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2024 )	/ (	(Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )
=	12370.07	/ (	(208.054	+	222.898)	/	2 )
=	12370.07	/	215.476
=	57.41

Poplar 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 )
=	2938.95	/ (	(84.241	+	222.898)	/	2 )
=	2938.95	/	153.5695
=	19.14

Poplar Co (TSE:7601) 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.

Poplar Co Receivables Turnover Related Terms

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Poplar Co (TSE:7601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Poplar Co Ltd (TSE:7601) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

665-1 Kuji Asa-cho Asa-Kitaku, Hiroshima, JPN, 731-3395

Website

http://www.poplar-cvs.co.jp

Poplar Co Ltd is a Japna based company operating convenience stores. Through the Convenience Store segment it operates market-based and community-based convenience stores under the names POPLAR, SEIKATSU SAIKA, Kurashi House and Three Eight, which sell fast food, processed food, perishable food, and others. The Company is also involved in food manufacture and wholesale business, the drug store operation business, the insurance agency business, as well as real estate management business.

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