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Mac House Co (TSE:7603) Receivables Turnover : 5.88 (As of Nov. 2023)


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What is Mac House 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. Mac House Co's Revenue for the three months ended in Nov. 2023 was 円3,558 Mil. Mac House Co's average Accounts Receivable for the three months ended in Nov. 2023 was 円606 Mil. Hence, Mac House Co's Receivables Turnover for the three months ended in Nov. 2023 was 5.88.


Mac House Co Receivables Turnover Historical Data

The historical data trend for Mac House 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.

Mac House Co Receivables Turnover Chart

Mac House Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.20 59.15 42.22 50.71 57.28

Mac House Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 6.55 7.49 8.22 6.95 5.88

Competitive Comparison of Mac House Co's Receivables Turnover

For the Apparel Retail subindustry, Mac House 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.


Mac House Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mac House Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mac House Co's Receivables Turnover falls into.



Mac House Co Receivables Turnover Calculation

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

Mac House Co's Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Receivables Turnover (A: Feb. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2023 ) / ((Accounts Receivable (A: Feb. 2022 ) + Accounts Receivable (A: Feb. 2023 )) / count )
=18443 / ((280 + 364) / 2 )
=18443 / 322
=57.28

Mac House Co's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

Receivables Turnover (Q: Nov. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2023 ) / ((Accounts Receivable (Q: Aug. 2023 ) + Accounts Receivable (Q: Nov. 2023 )) / count )
=3558 / ((421 + 790) / 2 )
=3558 / 605.5
=5.88

* 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.


Mac House Co  (TSE:7603) 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.


Mac House Co Receivables Turnover Related Terms

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Mac House Co (TSE:7603) Business Description

Traded in Other Exchanges
N/A
Address
Shin-KoenjiTwinBuilding, 1-7-7 Umesato, Suginami-ku, Tokyo, JPN, 166-0011
Mac House Co., Ltd. is a retailer. The company focuses on casual clothing and operates a chain of stores worldwide. Some of its products include Jeans, Hat cap, Muffler, Belt, Sneakers, Socks, Sweater, Jackets, Inner shirts, Tops, Bottoms, Coats, Knit cardigan, and others.

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