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IID (TSE:6038) Receivables Turnover : 1.51 (As of Jun. 2024)


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What is IID 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. IID's Revenue for the three months ended in Jun. 2024 was 円1,470 Mil. IID's average Accounts Receivable for the three months ended in Jun. 2024 was 円973 Mil. Hence, IID's Receivables Turnover for the three months ended in Jun. 2024 was 1.51.


IID Receivables Turnover Historical Data

The historical data trend for IID'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.

IID Receivables Turnover Chart

IID Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 7.04 6.95 6.81 6.67

IID Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.44 1.44 1.51 1.61 1.51

Competitive Comparison of IID's Receivables Turnover

For the Advertising Agencies subindustry, IID'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.


IID's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IID's Receivables Turnover distribution charts can be found below:

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



IID Receivables Turnover Calculation

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

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

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=6125.104 / ((948.288 + 888.872) / 2 )
=6125.104 / 918.58
=6.67

IID'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 )
=1470.366 / ((1056.492 + 888.872) / 2 )
=1470.366 / 972.682
=1.51

* 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.


IID  (TSE:6038) 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.


IID Receivables Turnover Related Terms

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IID Business Description

Traded in Other Exchanges
N/A
Address
2 No. 6-1 Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0228
IID Inc is engaged in the media, research, and media commerce businesses. The Company offers IT, automotive, education, movies, games, animation and media services. The company also provides research and consulting menus, including quantitative, qualitative, and overseas investigation. In addition, it offers shop management ASP system for e-commerce operators.

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