Coca-Cola Bottlers Japan Holdings (Coca-Cola Bottlers Japan Holdings) Receivables Turnover : 1.62 (As of Dec. 2023)

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What is Coca-Cola Bottlers Japan Holdings 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. Coca-Cola Bottlers Japan Holdings's Revenue for the three months ended in Dec. 2023 was $1,422 Mil. Coca-Cola Bottlers Japan Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $878 Mil. Hence, Coca-Cola Bottlers Japan Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.62.

Coca-Cola Bottlers Japan Holdings Receivables Turnover Historical Data

The historical data trend for Coca-Cola Bottlers Japan Holdings'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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Coca-Cola Bottlers Japan Holdings Receivables Turnover Chart

Coca-Cola Bottlers Japan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.45

8.35

7.46

7.08

7.54

Coca-Cola Bottlers Japan Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.94	1.82	2.02	2.01	1.62

Competitive Comparison of Coca-Cola Bottlers Japan Holdings's Receivables Turnover

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Bottlers Japan Holdings'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.

Coca-Cola Bottlers Japan Holdings's Receivables Turnover Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Bottlers Japan Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Coca-Cola Bottlers Japan Holdings's Receivables Turnover falls into.

Coca-Cola Bottlers Japan Holdings Receivables Turnover Calculation

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

Coca-Cola Bottlers Japan Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	6032.588	/ (	(766.009	+	833.92)	/	2 )
=	6032.588	/	799.9645
=	7.54

Coca-Cola Bottlers Japan Holdings'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 )
=	1422.099	/ (	(921.648	+	833.92)	/	2 )
=	1422.099	/	877.784
=	1.62

Coca-Cola Bottlers Japan Holdings (OTCPK:CCOJY) 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.

Coca-Cola Bottlers Japan Holdings Receivables Turnover Related Terms

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Coca-Cola Bottlers Japan Holdings (Coca-Cola Bottlers Japan Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Bottlers Japan Holdings Inc (OTCPK:CCOJY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

2579:Japan CCW:Germany

Address

9-7-1 Akasaka, Minato-ku, Tokyo Midtown Tower, Fukuoka, JPN, 107-6211

Website

https://www.ccbj-holdings.com

Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer, which operates through licensing agreements with The Coca-Cola Company based in the United States. It functions through two business segments, namely The Cold Beverage segment and The Healthcare and Skincare segment. The Cold Beverage segment by far accounts for most of the company's revenue generating operations. It represents the manufacture and sale of beverages such as sports drinks, tea beverages, sparkling beverages and mineral water. Its secondary business is carried out through the Healthcare and Skincare segment which produces and sells health food and cosmetics.