Aoyama Trading Co (TSE:8219) Receivables Turnover : 4.25 (As of Dec. 2023)

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What is Aoyama Trading 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. Aoyama Trading Co's Revenue for the three months ended in Dec. 2023 was 円48,214 Mil. Aoyama Trading Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円11,352 Mil. Hence, Aoyama Trading Co's Receivables Turnover for the three months ended in Dec. 2023 was 4.25.

Aoyama Trading Co Receivables Turnover Historical Data

The historical data trend for Aoyama Trading 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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Aoyama Trading Co Receivables Turnover Chart

Aoyama Trading Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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12.58

10.56

10.51

11.59

11.21

Aoyama Trading 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															4.20	3.21	3.62	4.25	4.05

Competitive Comparison of Aoyama Trading Co's Receivables Turnover

For the Apparel Retail subindustry, Aoyama Trading 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.

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

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

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

Aoyama Trading Co Receivables Turnover Calculation

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

Aoyama Trading Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	193687	/ (	(16353	+	18198)	/	2 )
=	193687	/	17275.5
=	11.21

Aoyama Trading Co'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 )
=	48214	/ (	(10095	+	12609)	/	2 )
=	48214	/	11352
=	4.25

Aoyama Trading Co (TSE:8219) 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.

Aoyama Trading Co Receivables Turnover Related Terms

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Aoyama Trading Co (TSE:8219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Aoyama Trading Co Ltd (TSE:8219) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3-5 Ojimachi, Hiroshima Prefecture, Fukuyama, JPN, 721-8556

Website

http://www.aoyama-syouji.co.jp

Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.

Aoyama Trading Co (TSE:8219) Headlines

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