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Mitsui O.S.K. Lines (STU:MILA) Receivables Turnover : 3.03 (As of Jun. 2024)


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What is Mitsui O.S.K. Lines 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. Mitsui O.S.K. Lines's Revenue for the three months ended in Jun. 2024 was €2,566 Mil. Mitsui O.S.K. Lines's average Accounts Receivable for the three months ended in Jun. 2024 was €846 Mil. Hence, Mitsui O.S.K. Lines's Receivables Turnover for the three months ended in Jun. 2024 was 3.03.


Mitsui O.S.K. Lines Receivables Turnover Historical Data

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Receivables Turnover Chart

Mitsui O.S.K. Lines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.70 11.31 12.85 13.18 11.67

Mitsui O.S.K. Lines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.35 3.48 3.04 3.03 -

Competitive Comparison of Mitsui O.S.K. Lines's Receivables Turnover

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.


Mitsui O.S.K. Lines's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Receivables Turnover falls into.



Mitsui O.S.K. Lines Receivables Turnover Calculation

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

Mitsui O.S.K. Lines's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=9996.616 / ((867.406 + 846.135) / 2 )
=9996.616 / 856.7705
=11.67

Mitsui O.S.K. Lines'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 )
=2565.543 / ((846.135 + 0) / 1 )
=2565.543 / 846.135
=3.03

* 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.


Mitsui O.S.K. Lines  (STU:MILA) 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.


Mitsui O.S.K. Lines Receivables Turnover Related Terms

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Mitsui O.S.K. Lines Business Description

Traded in Other Exchanges
Address
1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines Headlines

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