East Japan Railway Co (East Japan Railway Co) Receivables Turnover : 1.22 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is East Japan Railway 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. East Japan Railway Co's Revenue for the three months ended in Dec. 2023 was $4,870 Mil. East Japan Railway Co's average Accounts Receivable for the three months ended in Dec. 2023 was $3,985 Mil. Hence, East Japan Railway Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.22.

East Japan Railway Co Receivables Turnover Historical Data

The historical data trend for East Japan Railway 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.

* Premium members only.

East Japan Railway Co Receivables Turnover Chart

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

5.82

5.70

3.56

3.89

4.23

East Japan Railway 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															1.16	1.19	1.12	1.22	1.22

Competitive Comparison of East Japan Railway Co's Receivables Turnover

For the Railroads subindustry, East Japan Railway 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.

East Japan Railway Co's Receivables Turnover Distribution in the Transportation Industry

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

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

East Japan Railway Co Receivables Turnover Calculation

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

East Japan Railway 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 )
=	17996.862	/ (	(4246.855	+	4256.035)	/	2 )
=	17996.862	/	4251.445
=	4.23

East Japan Railway 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 )
=	4870.021	/ (	(3698.935	+	4270.125)	/	2 )
=	4870.021	/	3984.53
=	1.22

East Japan Railway Co (OTCPK:EJPRY) 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.

East Japan Railway Co Receivables Turnover Related Terms

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

East Japan Railway Co (East Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » East Japan Railway Co (OTCPK:EJPRY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.