Daiwa House Industry Co (Daiwa House Industry Co) Receivables Turnover : 2.44 (As of Dec. 2023)

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What is Daiwa House Industry 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. Daiwa House Industry Co's Revenue for the three months ended in Dec. 2023 was $8,415 Mil. Daiwa House Industry Co's average Accounts Receivable for the three months ended in Dec. 2023 was $3,451 Mil. Hence, Daiwa House Industry Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.44.

Daiwa House Industry Co Receivables Turnover Historical Data

The historical data trend for Daiwa House Industry 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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Daiwa House Industry Co Receivables Turnover Chart

Daiwa House Industry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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10.78

10.79

9.84

10.51

10.74

Daiwa House Industry Co 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															2.71	3.29	2.62	2.82	2.44

Competitive Comparison of Daiwa House Industry Co's Receivables Turnover

For the Real Estate - Development subindustry, Daiwa House Industry 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.

Daiwa House Industry Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daiwa House Industry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Daiwa House Industry Co's Receivables Turnover falls into.

Daiwa House Industry Co Receivables Turnover Calculation

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

Daiwa House Industry Co'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 )
=	36720.343	/ (	(3435.984	+	3399.12)	/	2 )
=	36720.343	/	3417.552
=	10.74

Daiwa House Industry 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 )
=	8415.227	/ (	(3219.818	+	3682.862)	/	2 )
=	8415.227	/	3451.34
=	2.44

Daiwa House Industry Co (OTCPK:DWAHY) 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.

Daiwa House Industry Co Receivables Turnover Related Terms

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Daiwa House Industry Co (Daiwa House Industry Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daiwa House Industry Co Ltd (OTCPK:DWAHY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DWAHF:USA 1925:Japan DWH:Germany

Address

3-3-5 Umeda, Kita-ku, Osaka, JPN, 530-8241

Website

http://www.daiwahouse.co.jp

Daiwa House Industry Co Ltd is engaged in the business of housing, commercial facilities, and urban development. Daiwa's business segments include Single-Family Houses, Rental Housing, Existing Home Business, Health and Leisure, Business and Corporate Facilities, and Other Businesses. The Company conducts real estate development and construction work under contract in overseas markets, principally in Asia.

Daiwa House Industry Co (Daiwa House Industry Co) Headlines

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