Izumi Co (TSE:8273) Receivables Turnover : 2.09 (As of Nov. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Izumi 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. Izumi Co's Revenue for the three months ended in Nov. 2023 was 円111,499 Mil. Izumi Co's average Accounts Receivable for the three months ended in Nov. 2023 was 円53,447 Mil. Hence, Izumi Co's Receivables Turnover for the three months ended in Nov. 2023 was 2.09.

Izumi Co Receivables Turnover Historical Data

The historical data trend for Izumi 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.

* Premium members only.

Izumi Co Receivables Turnover Chart

Izumi Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Receivables Turnover

Get a 7-Day Free Trial

19.01

17.28

15.29

15.87

10.19

Izumi Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Receivables Turnover	Get a 7-Day Free Trial															2.28	2.58	2.31	2.30	2.09

Competitive Comparison of Izumi Co's Receivables Turnover

For the Department Stores subindustry, Izumi 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.

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

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

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

Izumi Co Receivables Turnover Calculation

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

Izumi Co's Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Receivables Turnover (A: Feb. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2023 )	/ (	(Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )
=	460139	/ (	(42794	+	47493)	/	2 )
=	460139	/	45143.5
=	10.19

Izumi Co's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

	Receivables Turnover (Q: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2023 )	/ (	(Accounts Receivable (Q: Aug. 2023 )	+	Accounts Receivable (Q: Nov. 2023 ))	/	count )
=	111499	/ (	(52013	+	54880)	/	2 )
=	111499	/	53446.5
=	2.09

Izumi Co (TSE:8273) 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.

Izumi Co Receivables Turnover Related Terms

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

Izumi Co (TSE:8273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Izumi Co Ltd (TSE:8273) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IZMIF:USA

Address

3-3-1 Futabanosato, Higashi-ku, Hiroshima, JPN, 732-8555

Website

http://izumi.co.jp

Izumi Co Ltd is engaged in operating shopping centres, general merchandising stores, clothing, household goods and food products. Most of the stores are located in Kyushu Region, Chugoku Region, and Shikoku Region in Japan. The company operates through segments including retail, retail-peripheral operations, and other. The retail segment is engaged in the retail business through shopping centres. The retail-peripheral operations segment consists of a credit and finance business, shop facility management, and restaurant operation, which deliver the vast majority of the business' income. The other segment includes wholesale and real estate operations.

Izumi Co (TSE:8273) Headlines

No Headlines