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GMO Payment Gateway (GMO Payment Gateway) Receivables Turnover : 0.82 (As of Mar. 2024)


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What is GMO Payment Gateway 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 Payment Gateway's Revenue for the three months ended in Mar. 2024 was $122.2 Mil. GMO Payment Gateway's average Accounts Receivable for the three months ended in Mar. 2024 was $150.0 Mil. Hence, GMO Payment Gateway's Receivables Turnover for the three months ended in Mar. 2024 was 0.82.


GMO Payment Gateway Receivables Turnover Historical Data

The historical data trend for GMO Payment Gateway'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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GMO Payment Gateway Receivables Turnover Chart

GMO Payment Gateway Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.73 3.87 3.68 3.78

GMO Payment Gateway 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 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 0.91 0.92 0.91 0.92 0.82

Competitive Comparison of GMO Payment Gateway's Receivables Turnover

For the Software - Infrastructure subindustry, GMO Payment Gateway'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 Payment Gateway's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, GMO Payment Gateway's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GMO Payment Gateway's Receivables Turnover falls into.



GMO Payment Gateway Receivables Turnover Calculation

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

GMO Payment Gateway's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=426.928 / ((97.457 + 128.2) / 2 )
=426.928 / 112.8285
=3.78

GMO Payment Gateway'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 )
=122.239 / ((139.381 + 160.547) / 2 )
=122.239 / 149.964
=0.82

* 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.


GMO Payment Gateway  (OTCPK:GMYTF) 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 Payment Gateway Receivables Turnover Related Terms

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GMO Payment Gateway (GMO Payment Gateway) Business Description

Traded in Other Exchanges
Address
1-9-5 Dogenzaka, Tokyo, JPN
GMO Payment Gateway Inc is a settlement service company. The company offers payment solutions for credit cards, convenience store settlements, catalogue and TV purchases, and online shopping and e-commerce. The service includes the processing of payments, the storage of sensitive personal data, and recurring billing options. GMO Payments Gateway operates in Japan.

GMO Payment Gateway (GMO Payment Gateway) Headlines

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