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DesignOne Japan (TSE:6048) Receivables Turnover : 2.90 (As of Feb. 2024)


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What is DesignOne Japan 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. DesignOne Japan's Revenue for the three months ended in Feb. 2024 was 円554 Mil. DesignOne Japan's average Accounts Receivable for the three months ended in Feb. 2024 was 円191 Mil. Hence, DesignOne Japan's Receivables Turnover for the three months ended in Feb. 2024 was 2.90.


DesignOne Japan Receivables Turnover Historical Data

The historical data trend for DesignOne Japan'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.

DesignOne Japan Receivables Turnover Chart

DesignOne Japan Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.48 17.10 15.21 14.73 14.68

DesignOne Japan Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.32 2.83 2.70 3.31 2.90

Competitive Comparison of DesignOne Japan's Receivables Turnover

For the Internet Content & Information subindustry, DesignOne Japan'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.


DesignOne Japan's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DesignOne Japan's Receivables Turnover distribution charts can be found below:

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



DesignOne Japan Receivables Turnover Calculation

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

DesignOne Japan's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=2428.748 / ((170.445 + 160.353) / 2 )
=2428.748 / 165.399
=14.68

DesignOne Japan'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 )
=553.734 / ((192.898 + 189.385) / 2 )
=553.734 / 191.1415
=2.90

* 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.


DesignOne Japan  (TSE:6048) 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.


DesignOne Japan Receivables Turnover Related Terms

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DesignOne Japan (TSE:6048) Business Description

Traded in Other Exchanges
N/A
Address
7-5-25 Nishi Shinjuku, 8th Floor, Nishi Shinjuku Kimimaya Building, Shinjuku-ku, Tokyo, JPN, 160-0023
DesignOne Japan Inc is a Japan-based Internet media company mainly engaged in the operation of Local information word-of-mouth site named Ekiten. It operates Ekiten, a regional information site that offers store reviews/ranking; Ekiten Pro, an information provision site that allows viewers to post/search various information on masters, such as tax accountants, contractors, administrative scrivener; and a shop job recruitment/part time job search site.

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