Chiyoda (Chiyoda) Receivables Turnover : 4.18 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Chiyoda 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. Chiyoda's Revenue for the three months ended in Dec. 2023 was $874 Mil. Chiyoda's average Accounts Receivable for the three months ended in Dec. 2023 was $209 Mil. Hence, Chiyoda's Receivables Turnover for the three months ended in Dec. 2023 was 4.18.

Chiyoda Receivables Turnover Historical Data

The historical data trend for Chiyoda'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.

Chiyoda Receivables Turnover Chart

Chiyoda Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

4.58

6.05

5.72

6.66

10.67

Chiyoda Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.36	3.23	3.29	3.78	4.18

Competitive Comparison of Chiyoda's Receivables Turnover

For the Engineering & Construction subindustry, Chiyoda'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.

Chiyoda's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chiyoda's Receivables Turnover distribution charts can be found below:

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

Chiyoda Receivables Turnover Calculation

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

Chiyoda's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	3218.234	/ (	(341.026	+	262.104)	/	2 )
=	3218.234	/	301.565
=	10.67

Chiyoda'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 )
=	873.501	/ (	(214.549	+	203.665)	/	2 )
=	873.501	/	209.107
=	4.18

Chiyoda (OTCPK:CHYCF) 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.

Chiyoda Receivables Turnover Related Terms

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

Chiyoda (Chiyoda) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chiyoda Corp (OTCPK:CHYCF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

6366:Japan

Address

Minatomirai 4-chome, Nishi-ku, Minatomirai Grand Central Tower 6-2, Yokohama, JPN, 220-8765

Website

https://www.chiyodacorp.com/en

Chiyoda offers engineering, procurement, and construction, or EPC, services to the energy and chemical industries. The Japanese firm is involved in two main areas of activity: energy and environment. Its energy segment involves constructing liquefied natural gas plants and other gas-related facilities. Chiyoda also provides EPC, operation, expansion, and improvement services to petrochemical and metal firms through this business. The environment segment includes EPC work on pharmaceutical manufacturers as well as preservation technology offerings like air pollution control and wastewater treatment. Chiyoda uses artificial intelligence technology to optimize plant operations in their digital transformation business. It earns the majority of its total revenue overseas.

Chiyoda (Chiyoda) Headlines

No Headlines