Osaka Gas Co (TSE:9532) Receivables Turnover : 2.26 (As of Dec. 2023)

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What is Osaka Gas 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. Osaka Gas Co's Revenue for the three months ended in Dec. 2023 was 円514,454 Mil. Osaka Gas Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円227,400 Mil. Hence, Osaka Gas Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.26.

Osaka Gas Co Receivables Turnover Historical Data

The historical data trend for Osaka Gas 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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Osaka Gas Co Receivables Turnover Chart

Osaka Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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6.37

6.46

7.25

8.98

7.57

Osaka Gas 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															2.10	2.13	2.38	2.26	2.20

Competitive Comparison of Osaka Gas Co's Receivables Turnover

For the Utilities - Regulated Gas subindustry, Osaka Gas 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.

Osaka Gas Co's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Receivables Turnover distribution charts can be found below:

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

Osaka Gas Co Receivables Turnover Calculation

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

Osaka Gas 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 )
=	2083050	/ (	(279602	+	270527)	/	2 )
=	2083050	/	275064.5
=	7.57

Osaka Gas 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 )
=	514454	/ (	(204191	+	250609)	/	2 )
=	514454	/	227400
=	2.26

Osaka Gas Co (TSE:9532) 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.

Osaka Gas Co Receivables Turnover Related Terms

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Osaka Gas Co (TSE:9532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Osaka Gas Co Ltd (TSE:9532) » Definitions » Receivables Turnover

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OSA:Germany

Address

4-1-2, Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046

Website

http://www.osakagas.co.jp

Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

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