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Fuji Glass Co (TSE:5212) Receivables Turnover : 1.15 (As of Dec. 2023)


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What is Fuji Glass 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. Fuji Glass Co's Revenue for the three months ended in Dec. 2023 was 円597 Mil. Fuji Glass Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円520 Mil. Hence, Fuji Glass Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.15.


Fuji Glass Co Receivables Turnover Historical Data

The historical data trend for Fuji Glass 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.

* Premium members only.

Fuji Glass Co Receivables Turnover Chart

Fuji Glass 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 3.97 3.99 4.38 4.86 5.05

Fuji Glass 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 1.34 1.27 1.30 1.67 1.15

Competitive Comparison of Fuji Glass Co's Receivables Turnover

For the Medical Devices subindustry, Fuji Glass 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.


Fuji Glass Co's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fuji Glass Co's Receivables Turnover distribution charts can be found below:

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



Fuji Glass Co Receivables Turnover Calculation

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

Fuji Glass 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 )
=2710.384 / ((539.657 + 534.608) / 2 )
=2710.384 / 537.1325
=5.05

Fuji Glass 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 )
=597.425 / ((522.03 + 518.945) / 2 )
=597.425 / 520.4875
=1.15

* 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.


Fuji Glass Co  (TSE:5212) 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.


Fuji Glass Co Receivables Turnover Related Terms

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Fuji Glass Co (TSE:5212) Business Description

Traded in Other Exchanges
N/A
Address
2-15-9, Bunka, Sumida Ku, Tokyo, JPN, 131 0044
Fuji Glass Co Ltd is a Japan-based manufacturer and seller of glass containers. Its products are used for medical purposes. Its product portfolio includes Ampoule, Vial, Test Tube, and Silicort, among others.

Fuji Glass Co (TSE:5212) Headlines

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