Toppan Holdings (TSE:7911) Receivables Turnover : 1.02 (As of Dec. 2023)

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What is Toppan Holdings 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. Toppan Holdings's Revenue for the three months ended in Dec. 2023 was 円415,533 Mil. Toppan Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was 円408,382 Mil. Hence, Toppan Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.02.

Toppan Holdings Receivables Turnover Historical Data

The historical data trend for Toppan Holdings'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.

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Toppan Holdings Receivables Turnover Chart

Toppan Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.65

3.69

3.76

3.84

3.87

Toppan Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.00	0.95	1.04	1.02	1.09

Competitive Comparison of Toppan Holdings's Receivables Turnover

For the Specialty Business Services subindustry, Toppan Holdings'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.

Toppan Holdings's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Toppan Holdings's Receivables Turnover distribution charts can be found below:

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

Toppan Holdings Receivables Turnover Calculation

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

Toppan Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	1678249	/ (	(425233	+	441810)	/	2 )
=	1678249	/	433521.5
=	3.87

Toppan Holdings'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 )
=	415533	/ (	(408792	+	407971)	/	2 )
=	415533	/	408381.5
=	1.02

Toppan Holdings (TSE:7911) 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.

Toppan Holdings Receivables Turnover Related Terms

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Toppan Holdings (TSE:7911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Toppan Holdings Inc (TSE:7911) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TOPPY:USA TONPF:USA TPX:Germany

Address

1-5-1 Taito, Taito-ku, Tokyo, JPN, 110-8560

Website

https://www.holdings.toppan.com

Toppan Holdings Inc provides a range of products and services geared toward printing technologies. Its product portfolio of printing technologies consists of in-store advertisements, books, magnetic cards, floor filters, wallpaper, flexible packaging, and other solutions. The company operates three business segments: information and communication (majority of total revenue), electronics, and living and industry. Toppan Printing provides secure documents, such as credit cards, coupons, and business forms, and offers a mix of marketing materials to increase diversification. It utilizes sales promotion personnel, printing press operators, and research personnel to develop innovative solutions for customers. Operations and sales are located in Japan.

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