Yokogawa Electric (Yokogawa Electric) Receivables Turnover : 0.62 (As of Dec. 2023)

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What is Yokogawa Electric 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. Yokogawa Electric's Revenue for the three months ended in Dec. 2023 was $963 Mil. Yokogawa Electric's average Accounts Receivable for the three months ended in Dec. 2023 was $1,553 Mil. Hence, Yokogawa Electric's Receivables Turnover for the three months ended in Dec. 2023 was 0.62.

Yokogawa Electric Receivables Turnover Historical Data

The historical data trend for Yokogawa Electric'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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Yokogawa Electric Receivables Turnover Chart

Yokogawa Electric Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.37

2.05

2.35

3.17

3.39

Yokogawa Electric 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															0.82	0.65	0.61	0.62	0.75

Competitive Comparison of Yokogawa Electric's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.

Yokogawa Electric's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yokogawa Electric's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yokogawa Electric's Receivables Turnover falls into.

Yokogawa Electric Receivables Turnover Calculation

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

Yokogawa Electric'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 )
=	3605.373	/ (	(1077.116	+	1046.913)	/	2 )
=	3605.373	/	1062.0145
=	3.39

Yokogawa Electric'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 )
=	962.561	/ (	(1527.667	+	1578.411)	/	2 )
=	962.561	/	1553.039
=	0.62

Yokogawa Electric (OTCPK:YOKEY) 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.

Yokogawa Electric Receivables Turnover Related Terms

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Yokogawa Electric (Yokogawa Electric) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yokogawa Electric Corp (OTCPK:YOKEY) » Definitions » Receivables Turnover

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Traded in Other Exchanges

6841:Japan YKE:Germany

Address

2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750

Website

http://www.yokogawa.com

Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

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