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Dai-Dan Co (TSE:1980) Receivables Turnover : 0.71 (As of Dec. 2023)


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What is Dai-Dan 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. Dai-Dan Co's Revenue for the three months ended in Dec. 2023 was 円48,198 Mil. Dai-Dan Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円67,878 Mil. Hence, Dai-Dan Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.71.


Dai-Dan Co Receivables Turnover Historical Data

The historical data trend for Dai-Dan 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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Dai-Dan Co Receivables Turnover Chart

Dai-Dan Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 2.89 2.81 2.67 2.68

Dai-Dan Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.77 0.85 0.64 0.80 0.71

Competitive Comparison of Dai-Dan Co's Receivables Turnover

For the Engineering & Construction subindustry, Dai-Dan 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.


Dai-Dan Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dai-Dan Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dai-Dan Co's Receivables Turnover falls into.



Dai-Dan Co Receivables Turnover Calculation

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

Dai-Dan Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=185961 / ((68903 + 69625) / 2 )
=185961 / 69264
=2.68

Dai-Dan Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=48198 / ((69850 + 65906) / 2 )
=48198 / 67878
=0.71

* 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.


Dai-Dan Co  (TSE:1980) 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.


Dai-Dan Co Receivables Turnover Related Terms

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Dai-Dan Co (TSE:1980) Business Description

Traded in Other Exchanges
N/A
Address
1-9-25 Edobori, Nishi-ku, Osaka-city, JPN, 550-8520
Dai-Dan Co Ltd is engaged in providing services related to engineering and installation. The company design, supervise and construct electrical facility, air conditioning facility, plumbing and sanitary facility, fire protection facility, and installation of machine and equipment. In addition, it also offers construction services for buildings, offices and other facilities.

Dai-Dan Co (TSE:1980) Headlines

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