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Maeda Kosen Co (TSE:7821) Receivables Turnover : 1.48 (As of Mar. 2024)


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What is Maeda Kosen 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. Maeda Kosen Co's Revenue for the three months ended in Mar. 2024 was 円13,459 Mil. Maeda Kosen Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円9,065 Mil. Hence, Maeda Kosen Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.48.


Maeda Kosen Co Receivables Turnover Historical Data

The historical data trend for Maeda Kosen 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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Maeda Kosen Co Receivables Turnover Chart

Maeda Kosen Co Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 4.36 4.53 4.77 4.95

Maeda Kosen Co 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 1.41 1.39 1.43 1.56 1.48

Competitive Comparison of Maeda Kosen Co's Receivables Turnover

For the Building Materials subindustry, Maeda Kosen 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.


Maeda Kosen Co's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Maeda Kosen Co's Receivables Turnover distribution charts can be found below:

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



Maeda Kosen Co Receivables Turnover Calculation

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

Maeda Kosen Co's Receivables Turnover for the fiscal year that ended in Sep. 2021 is calculated as

Receivables Turnover (A: Sep. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2021 ) / ((Accounts Receivable (A: Sep. 2020 ) + Accounts Receivable (A: Sep. 2021 )) / count )
=43236 / ((8051 + 9411) / 2 )
=43236 / 8731
=4.95

Maeda Kosen Co'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 )
=13459 / ((8888 + 9242) / 2 )
=13459 / 9065
=1.48

* 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.


Maeda Kosen Co  (TSE:7821) 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.


Maeda Kosen Co Receivables Turnover Related Terms

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Maeda Kosen Co (TSE:7821) Business Description

Traded in Other Exchanges
N/A
Address
38-3 Okinunome, Harue-cho, Sakai-shi, Fukui, JPN, 919-0422
Maeda Kosen Co Ltd is a Japan-based company engaged in the preparation and maintenance of infrastructure by manufacturing and selling civil engineering materials. In addition, the company also manufactures, process and sells industrial materials and nonwoven fabrics to utilize various types of fibers as their raw materials. It is involved in the businesses of Social infrastructure, Human infrastructure, and Industry infrastructure.

Maeda Kosen Co (TSE:7821) Headlines

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