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Maxvalu Tokai Co (TSE:8198) Receivables Turnover : 253.45 (As of Feb. 2024)


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What is Maxvalu Tokai 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. Maxvalu Tokai Co's Revenue for the three months ended in Feb. 2024 was 円94,410 Mil. Maxvalu Tokai Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円373 Mil. Hence, Maxvalu Tokai Co's Receivables Turnover for the three months ended in Feb. 2024 was 253.45.


Maxvalu Tokai Co Receivables Turnover Historical Data

The historical data trend for Maxvalu Tokai 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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Maxvalu Tokai Co Receivables Turnover Chart

Maxvalu Tokai Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,038.30 839.40 1,039.26 978.01 1,058.42

Maxvalu Tokai Co 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 200.73 245.94 197.14 166.90 253.45

Competitive Comparison of Maxvalu Tokai Co's Receivables Turnover

For the Grocery Stores subindustry, Maxvalu Tokai 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.


Maxvalu Tokai Co's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maxvalu Tokai Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maxvalu Tokai Co's Receivables Turnover falls into.



Maxvalu Tokai Co Receivables Turnover Calculation

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

Maxvalu Tokai Co's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=366741 / ((413 + 280) / 2 )
=366741 / 346.5
=1,058.42

Maxvalu Tokai Co'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 )
=94410 / ((465 + 280) / 2 )
=94410 / 372.5
=253.45

* 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.


Maxvalu Tokai Co  (TSE:8198) 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.


Maxvalu Tokai Co Receivables Turnover Related Terms

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Maxvalu Tokai Co (TSE:8198) Business Description

Traded in Other Exchanges
N/A
Address
303-1 Shimonagakubo, Nakaizumi-machi Sunto-gun, Shizuoka, JPN, 411-0934
Maxvalu Tokai Co Ltd is a Japan-based retail store company. It manages a chain of supermarkets centering food items such as fresh fruits and vegetables, fresh fish, side dishes among others. Services provided by the company include an online supermarket, home delivery service, resting place, pharmaceutical stores, discount service, among others. Maxvalu Tokai has stores located throughout Japan.

Maxvalu Tokai Co (TSE:8198) Headlines

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