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Keihanshin Building Co (TSE:8818) Receivables Turnover : 9.37 (As of Dec. 2023)


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What is Keihanshin Building 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. Keihanshin Building Co's Revenue for the three months ended in Dec. 2023 was 円4,794 Mil. Keihanshin Building Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円512 Mil. Hence, Keihanshin Building Co's Receivables Turnover for the three months ended in Dec. 2023 was 9.37.


Keihanshin Building Co Receivables Turnover Historical Data

The historical data trend for Keihanshin Building 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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Keihanshin Building Co Receivables Turnover Chart

Keihanshin Building 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 34.75 41.41 49.93 40.07 36.90

Keihanshin Building 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 9.14 9.11 9.27 9.37 9.48

Competitive Comparison of Keihanshin Building Co's Receivables Turnover

For the Real Estate Services subindustry, Keihanshin Building 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.


Keihanshin Building Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Keihanshin Building Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Keihanshin Building Co's Receivables Turnover falls into.



Keihanshin Building Co Receivables Turnover Calculation

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

Keihanshin Building 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 )
=19310.701 / ((560.39 + 486.123) / 2 )
=19310.701 / 523.2565
=36.90

Keihanshin Building 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 )
=4793.523 / ((527.233 + 496.072) / 2 )
=4793.523 / 511.6525
=9.37

* 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.


Keihanshin Building Co  (TSE:8818) 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.


Keihanshin Building Co Receivables Turnover Related Terms

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Keihanshin Building Co (TSE:8818) Business Description

Traded in Other Exchanges
N/A
Address
2-14 Kawaramachi 4-chome, Chuo-ku, Osaka, JPN, 5410048
Keihanshin Building Co.Ltd is engaged in leasing office buildings, datacenter buildings, commercial facilities, distribution facilities and off-course betting offices(WINS). The company is also involved in the maintenance of building and subcontracting construction work for leased facilities.

Keihanshin Building Co (TSE:8818) Headlines

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