Jason Co (TSE:3080) Receivables Turnover : 11.93 (As of Nov. 2023)

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What is Jason 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. Jason Co's Revenue for the three months ended in Nov. 2023 was 円6,956 Mil. Jason Co's average Accounts Receivable for the three months ended in Nov. 2023 was 円583 Mil. Hence, Jason Co's Receivables Turnover for the three months ended in Nov. 2023 was 11.93.

Jason Co Receivables Turnover Historical Data

The historical data trend for Jason 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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Jason Co Receivables Turnover Chart

Jason Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Receivables Turnover

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181.66

90.65

63.13

57.44

55.35

Jason Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Receivables Turnover	Get a 7-Day Free Trial															12.10	12.58	12.29	11.49	11.93

Competitive Comparison of Jason Co's Receivables Turnover

For the Discount Stores subindustry, Jason 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.

Jason Co's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jason Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jason Co's Receivables Turnover falls into.

Jason Co Receivables Turnover Calculation

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

Jason Co's Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Receivables Turnover (A: Feb. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2023 )	/ (	(Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )
=	27226.474	/ (	(484.461	+	499.363)	/	2 )
=	27226.474	/	491.912
=	55.35

Jason Co's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

	Receivables Turnover (Q: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2023 )	/ (	(Accounts Receivable (Q: Aug. 2023 )	+	Accounts Receivable (Q: Nov. 2023 ))	/	count )
=	6956.38	/ (	(690.905	+	475.672)	/	2 )
=	6956.38	/	583.2885
=	11.93

Jason Co (TSE:3080) 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.

Jason Co Receivables Turnover Related Terms

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Jason Co (TSE:3080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jason Co Ltd (TSE:3080) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-5 Otsugaoka, Chiba Prefecture, Kashiwa, JPN

Website

http://www.jason.co.jp

Jason Co Ltd is engaged in comprehensive retailing of household necessities. It operates discount stores. The Company sells clothing and interior, household goods, foodstuffs in general, processed meat, general alcoholic beverages, stationery, pet supplies, baby supplies, cosmetics, watches, gardening products. Its subsidiaries are engaged in procurement of goods to supplement operations.

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