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Ohsho Food Service (TSE:9936) Receivables Turnover : 9.40 (As of Mar. 2024)


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What is Ohsho Food Service 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. Ohsho Food Service's Revenue for the three months ended in Mar. 2024 was 円25,872 Mil. Ohsho Food Service's average Accounts Receivable for the three months ended in Mar. 2024 was 円2,753 Mil. Hence, Ohsho Food Service's Receivables Turnover for the three months ended in Mar. 2024 was 9.40.


Ohsho Food Service Receivables Turnover Historical Data

The historical data trend for Ohsho Food Service'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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Ohsho Food Service Receivables Turnover Chart

Ohsho Food Service 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 96.58 57.24 44.54 39.37 37.51

Ohsho Food Service 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 9.67 10.30 10.59 10.13 9.40

Competitive Comparison of Ohsho Food Service's Receivables Turnover

For the Restaurants subindustry, Ohsho Food Service'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.


Ohsho Food Service's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ohsho Food Service's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ohsho Food Service's Receivables Turnover falls into.



Ohsho Food Service Receivables Turnover Calculation

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

Ohsho Food Service'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 )
=101401 / ((2516 + 2890) / 2 )
=101401 / 2703
=37.51

Ohsho Food Service'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 )
=25872 / ((2615 + 2890) / 2 )
=25872 / 2752.5
=9.40

* 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.


Ohsho Food Service  (TSE:9936) 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.


Ohsho Food Service Receivables Turnover Related Terms

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Ohsho Food Service (TSE:9936) Business Description

Traded in Other Exchanges
N/A
Address
294-1, Nishinoyama Ibanouecho, Yamashina-ku, Kyoto-shi, Kyoto, JPN
Ohsho Food Service Corp is a Japanese company which operates Chinese restaurant chains offering Chinese dishes, as well as the sale of Chinese food ingredients and others. The company provides noodles, dumpling skins, fillings for dumplings, sliced pork, as well as alcoholic beverages and soft drinks, among others.

Ohsho Food Service (TSE:9936) Headlines

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