Japan Metropolitan Fund Investment (Japan Metropolitan Fund Investment) Receivables Turnover : 36.06 (As of Aug. 2023)

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What is Japan Metropolitan Fund Investment 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. Japan Metropolitan Fund Investment's Revenue for the six months ended in Aug. 2023 was $286.0 Mil. Japan Metropolitan Fund Investment's average Accounts Receivable for the six months ended in Aug. 2023 was $7.9 Mil. Hence, Japan Metropolitan Fund Investment's Receivables Turnover for the six months ended in Aug. 2023 was 36.06.

Japan Metropolitan Fund Investment Receivables Turnover Historical Data

The historical data trend for Japan Metropolitan Fund Investment'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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Japan Metropolitan Fund Investment Receivables Turnover Chart

Japan Metropolitan Fund Investment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

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95.73

74.18

67.92

68.61

74.93

Japan Metropolitan Fund Investment Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															38.43	36.02	37.08	36.06	38.06

Competitive Comparison of Japan Metropolitan Fund Investment's Receivables Turnover

For the REIT - Retail subindustry, Japan Metropolitan Fund Investment'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.

Japan Metropolitan Fund Investment's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Japan Metropolitan Fund Investment's Receivables Turnover falls into.

Japan Metropolitan Fund Investment Receivables Turnover Calculation

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

Japan Metropolitan Fund Investment's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	571.474	/ (	(8.075	+	7.178)	/	2 )
=	571.474	/	7.6265
=	74.93

Japan Metropolitan Fund Investment's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

	Receivables Turnover (Q: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2023 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: Aug. 2023 ))	/	count )
=	285.987	/ (	(8.683	+	7.178)	/	2 )
=	285.987	/	7.9305
=	36.06

Japan Metropolitan Fund Investment (OTCPK:JNRFY) 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.

Japan Metropolitan Fund Investment Receivables Turnover Related Terms

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Japan Metropolitan Fund Investment (Japan Metropolitan Fund Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Metropolitan Fund Investment Corp (OTCPK:JNRFY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

8953:Japan

Address

Marunouchi 2-chome, Tokyo Building 7-3, Chiyoda-ku, Tokyo, JPN, 100-6420

Website

https://www.jmf-reit.com

Japan Metropolitan Fund Investment Corp is a Japanese real estate investment trust that specialises in retail properties. The company principally generates revenue from leasing properties to tenants, which include supermarkets, clothing and accessory stores, cosmetic shops, general merchandise stores, and entertainment venues. The company's properties are located domestically in urban and suburban areas, with approximately half in the Greater Tokyo metropolitan area and the remaining in Osaka, Nagoya and surrounding areas, and other major cities.

Japan Metropolitan Fund Investment (Japan Metropolitan Fund Investment) Headlines

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