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Fujimori Kogyo Co (TSE:7917) Receivables Turnover : 0.86 (As of Dec. 2023)


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What is Fujimori Kogyo 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. Fujimori Kogyo Co's Revenue for the three months ended in Dec. 2023 was 円35,846 Mil. Fujimori Kogyo Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円41,561 Mil. Hence, Fujimori Kogyo Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.86.


Fujimori Kogyo Co Receivables Turnover Historical Data

The historical data trend for Fujimori Kogyo 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.

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Fujimori Kogyo Co Receivables Turnover Chart

Fujimori Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.63 3.69 3.78 3.72

Fujimori Kogyo Co 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 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 0.83 0.93 0.89 0.86 0.83

Competitive Comparison of Fujimori Kogyo Co's Receivables Turnover

For the Packaging & Containers subindustry, Fujimori Kogyo 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.


Fujimori Kogyo Co's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Fujimori Kogyo Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fujimori Kogyo Co's Receivables Turnover falls into.



Fujimori Kogyo Co Receivables Turnover Calculation

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

Fujimori Kogyo Co'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 )
=136155 / ((32723 + 40385) / 2 )
=136155 / 36554
=3.72

Fujimori Kogyo Co'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 )
=35846 / ((40691 + 42431) / 2 )
=35846 / 41561
=0.86

* 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.


Fujimori Kogyo Co  (TSE:7917) 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.


Fujimori Kogyo Co Receivables Turnover Related Terms

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Fujimori Kogyo Co (TSE:7917) Business Description

Traded in Other Exchanges
Address
1-23-7 Nishi-Shinjuku, 10th Floor, Shinjuku First West, Shinjuku-ku, Tokyo, JPN, 160-0023
Fujimori Kogyo Co Ltd is involved in the business of manufacturing and sale of optoelectronics, electronics, medical and pharmaceutical products, daily commodities and foods and distribution. The company sells and promotes its products under the brand name of Zacros. Its products include release film, adhesive film, single-use bags, refillable self-standing pouch, packaging materials, collapsible liquid container.

Fujimori Kogyo Co (TSE:7917) Headlines

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