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Japan Airport Terminal Co (TSE:9706) Receivables Turnover : 2.75 (As of Dec. 2023)


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What is Japan Airport Terminal 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. Japan Airport Terminal Co's Revenue for the three months ended in Dec. 2023 was 円58,871 Mil. Japan Airport Terminal Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円21,384 Mil. Hence, Japan Airport Terminal Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.75.


Japan Airport Terminal Co Receivables Turnover Historical Data

The historical data trend for Japan Airport Terminal 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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Japan Airport Terminal Co Receivables Turnover Chart

Japan Airport Terminal Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.58 7.41 10.68 10.90 11.37

Japan Airport Terminal 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 2.54 2.82 2.91 2.75 2.56

Competitive Comparison of Japan Airport Terminal Co's Receivables Turnover

For the Airports & Air Services subindustry, Japan Airport Terminal 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.


Japan Airport Terminal Co's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airport Terminal Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Japan Airport Terminal Co's Receivables Turnover falls into.



Japan Airport Terminal Co Receivables Turnover Calculation

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

Japan Airport Terminal 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 )
=217577 / ((15331 + 22935) / 2 )
=217577 / 19133
=11.37

Japan Airport Terminal 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 )
=58871 / ((19937 + 22830) / 2 )
=58871 / 21383.5
=2.75

* 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.


Japan Airport Terminal Co  (TSE:9706) 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.


Japan Airport Terminal Co Receivables Turnover Related Terms

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Japan Airport Terminal Co (TSE:9706) Business Description

Traded in Other Exchanges
Address
3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

Japan Airport Terminal Co (TSE:9706) Headlines

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