GMO Internet group (GMO Internet group) Receivables Turnover : 1.76 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is GMO Internet group 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. GMO Internet group's Revenue for the three months ended in Mar. 2024 was $460 Mil. GMO Internet group's average Accounts Receivable for the three months ended in Mar. 2024 was $261 Mil. Hence, GMO Internet group's Receivables Turnover for the three months ended in Mar. 2024 was 1.76.

GMO Internet group Receivables Turnover Historical Data

The historical data trend for GMO Internet group'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.

GMO Internet group Receivables Turnover Chart

GMO Internet group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

9.28

9.15

8.83

7.40

6.95

GMO Internet group 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															1.88	1.80	1.86	1.90	1.76

Competitive Comparison of GMO Internet group's Receivables Turnover

For the Telecom Services subindustry, GMO Internet group'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.

GMO Internet group's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GMO Internet group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GMO Internet group's Receivables Turnover falls into.

GMO Internet group Receivables Turnover Calculation

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

GMO Internet group's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1796.363	/ (	(251.737	+	264.847)	/	2 )
=	1796.363	/	258.292
=	6.95

GMO Internet group'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 )
=	459.629	/ (	(264.847	+	256.39)	/	2 )
=	459.629	/	260.6185
=	1.76

GMO Internet group (OTCPK:GMOYF) 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.

GMO Internet group Receivables Turnover Related Terms

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

GMO Internet group (GMO Internet group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GMO Internet group Inc (OTCPK:GMOYF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

9449:Japan IQ3:Germany

Address

Cerulean Tower 4th-14th floors, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JPN

Website

http://www.gmo.jp

GMO Internet group Inc operates through four main segments, Internet infrastructure, Online advertising and media, Internet securities, and Cryptocurrency. Internet infrastructure, the largest segment, provides basic Internet services, such as domain hosting and e-commerce payments. Online advertising and media segment provides marketing services for online businesses. The Internet securities division provides consumer financial services, and the Cryptocurrency segment operates business pertaining to mining and exchange of cryptocurrency. The company generates the vast majority of revenue in Japan.