AEON Co (AEON Co) Receivables Turnover : 1.09 (As of Nov. 2023)

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What is AEON 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. AEON Co's Revenue for the three months ended in Nov. 2023 was $15,463 Mil. AEON Co's average Accounts Receivable for the three months ended in Nov. 2023 was $14,189 Mil. Hence, AEON Co's Receivables Turnover for the three months ended in Nov. 2023 was 1.09.

AEON Co Receivables Turnover Historical Data

The historical data trend for AEON 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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AEON Co Receivables Turnover Chart

AEON Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Receivables Turnover

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5.58

5.44

5.11

4.81

4.70

AEON 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															1.30	1.18	1.15	1.09	1.24

Competitive Comparison of AEON Co's Receivables Turnover

For the Department Stores subindustry, AEON 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.

AEON Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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

AEON Co Receivables Turnover Calculation

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

AEON 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 )
=	63854.266	/ (	(14113.591	+	13083.087)	/	2 )
=	63854.266	/	13598.339
=	4.70

AEON Co's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

	Receivables Turnover (Q: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2023 )	/ (	(Accounts Receivable (Q: Aug. 2023 )	+	Accounts Receivable (Q: Nov. 2023 ))	/	count )
=	15463.225	/ (	(14158.747	+	14219.396)	/	2 )
=	15463.225	/	14189.0715
=	1.09

AEON Co (OTCPK:AONNY) 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.

AEON Co Receivables Turnover Related Terms

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AEON Co (AEON Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AEON Co Ltd (OTCPK:AONNY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

8267:Japan JUS1:Germany

Address

1-5-1 Nakase, Minami-ku, Chiba-shi, Chiba, JPN, 261-8515

Website

http://www.aeon.info

AEON Co Ltd is the holding company of Aeon Group, integrated Japanese retailer, and is active not only in Japan but also throughout countries in the Association of Southeast Asian Nations and China. The business is segmented in four main divisions: supermarket and discount store, drugstore and pharmacy, shopping-center development, and financial sevices. The company's core operations are general merchandise store, supermarket, and convenience-store operations. Aeon is also active in specialty store operations, shopping-center development and operations, and credit card business and services.