CEL (TSE:5078) Receivables Turnover : 10.36 (As of Feb. 2024)

View and export this data going back to 2022. Start your Free Trial

What is CEL 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. CEL's Revenue for the three months ended in Feb. 2024 was 円5,717 Mil. CEL's average Accounts Receivable for the three months ended in Feb. 2024 was 円552 Mil. Hence, CEL's Receivables Turnover for the three months ended in Feb. 2024 was 10.36.

CEL Receivables Turnover Historical Data

The historical data trend for CEL'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.

CEL Receivables Turnover Chart

CEL Annual Data

Trend

Feb20

Feb21

Feb22

Feb23

Feb24

Receivables Turnover

57.87

61.53

82.17

93.41

42.42

CEL Quarterly Data
	Feb20	Feb21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial							20.53	32.31	25.80	21.88	10.36

Competitive Comparison of CEL's Receivables Turnover

For the Real Estate Services subindustry, CEL'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.

CEL's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CEL's Receivables Turnover distribution charts can be found below:

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

CEL Receivables Turnover Calculation

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

CEL's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Receivables Turnover (A: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2024 )	/ (	(Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )
=	23103.082	/ (	(239.403	+	849.872)	/	2 )
=	23103.082	/	544.6375
=	42.42

CEL's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	5717.276	/ (	(253.806	+	849.872)	/	2 )
=	5717.276	/	551.839
=	10.36

CEL (TSE:5078) 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.

CEL Receivables Turnover Related Terms

Thank you for viewing the detailed overview of CEL's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

CEL (TSE:5078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CEL Corp (TSE:5078) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-1 Kyobashi, Mutual Building 110 Tower 5th floor, Chuo-ku, Tokyo, JPN

Website

https://www.cel-co.com

CEL Corp is engaged in the rental housing business that provides apartment management proposals, apartment designs and apartment construction management services, rental housing development business, and rental management business entrusted with apartment management.

CEL (TSE:5078) Headlines

No Headlines