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Maezawa Industries (TSE:6489) Receivables Turnover : 1.30 (As of Feb. 2024)


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What is Maezawa Industries 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. Maezawa Industries's Revenue for the three months ended in Feb. 2024 was 円11,027 Mil. Maezawa Industries's average Accounts Receivable for the three months ended in Feb. 2024 was 円8,479 Mil. Hence, Maezawa Industries's Receivables Turnover for the three months ended in Feb. 2024 was 1.30.


Maezawa Industries Receivables Turnover Historical Data

The historical data trend for Maezawa Industries'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.

Maezawa Industries Receivables Turnover Chart

Maezawa Industries Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 5.16 5.60 6.01 6.28

Maezawa Industries 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 1.17 1.45 0.88 1.47 1.30

Competitive Comparison of Maezawa Industries's Receivables Turnover

For the Pollution & Treatment Controls subindustry, Maezawa Industries'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.


Maezawa Industries's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Maezawa Industries's Receivables Turnover distribution charts can be found below:

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



Maezawa Industries Receivables Turnover Calculation

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

Maezawa Industries's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=32369 / ((4972 + 5330) / 2 )
=32369 / 5151
=6.28

Maezawa Industries'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 )
=11027 / ((6759 + 10199) / 2 )
=11027 / 8479
=1.30

* 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.


Maezawa Industries  (TSE:6489) 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.


Maezawa Industries Receivables Turnover Related Terms

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Maezawa Industries (TSE:6489) Business Description

Traded in Other Exchanges
N/A
Address
2-7-2 Yaesu, Chuo-ku, Tokyo, JPN, 104-8351
Maezawa Industries Inc is a provider of water and environmental engineering services. The company manufactures and sells equipment and valves for both water and sewage facilities. Its product portfolio includes Gate valves, Control valves, Butterfly valves, Check valves, Eccentric valves, Air valves, Hydrants, Maintenance valves, ESO valves, Sluice Gates, and environmental systems including water purification, sewage treatment soil purification, and system consultation services. Its water treatment solutions include High-quality water supply, water purification, wastewater treatment, and industrial environment.

Maezawa Industries (TSE:6489) Headlines

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