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Handsman Co (TSE:7636) Receivables Turnover : 13.23 (As of Jun. 2024)


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What is Handsman 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. Handsman Co's Revenue for the three months ended in Jun. 2024 was 円9,028 Mil. Handsman Co's average Accounts Receivable for the three months ended in Jun. 2024 was 円683 Mil. Hence, Handsman Co's Receivables Turnover for the three months ended in Jun. 2024 was 13.23.


Handsman Co Receivables Turnover Historical Data

The historical data trend for Handsman 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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Handsman Co Receivables Turnover Chart

Handsman Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.89 77.60 70.70 67.02 63.48

Handsman Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 15.19 15.28 16.33 11.47 13.23

Competitive Comparison of Handsman Co's Receivables Turnover

For the Specialty Retail subindustry, Handsman 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.


Handsman Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Handsman Co's Receivables Turnover distribution charts can be found below:

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



Handsman Co Receivables Turnover Calculation

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

Handsman Co's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=34121 / ((477 + 598) / 2 )
=34121 / 537.5
=63.48

Handsman Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=9028 / ((767 + 598) / 2 )
=9028 / 682.5
=13.23

* 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.


Handsman Co  (TSE:7636) 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.


Handsman Co Receivables Turnover Related Terms

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Handsman Co Business Description

Traded in Other Exchanges
N/A
Address
Miyazaki Miyakonojo Yoshio-cho, 2080, Miyakonojo, JPN, 885-0006
Handsman Co Ltd offers home improvement products. The company's division is divided into do-it-yourself division, household product division and automobile and leisure product division.

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