JSR (JSCPY) Receivables Turnover : 1.21 (As of Dec. 2023)

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What is JSR 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. JSR's Revenue for the three months ended in Dec. 2023 was $841 Mil. JSR's average Accounts Receivable for the three months ended in Dec. 2023 was $698 Mil. Hence, JSR's Receivables Turnover for the three months ended in Dec. 2023 was 1.21.

JSR Receivables Turnover Historical Data

The historical data trend for JSR'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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JSR Receivables Turnover Chart

JSR Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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3.76

3.91

2.63

3.21

4.97

JSR 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															1.27	1.09	1.06	1.11	1.21

Competitive Comparison of JSR's Receivables Turnover

For the Specialty Chemicals subindustry, JSR'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.

JSR's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSR's Receivables Turnover distribution charts can be found below:

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

JSR Receivables Turnover Calculation

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

JSR's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	3059.007	/ (	(641.826	+	589.724)	/	2 )
=	3059.007	/	615.775
=	4.97

JSR'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 )
=	840.816	/ (	(612.378	+	783.142)	/	2 )
=	840.816	/	697.76
=	1.21

JSR (OTCPK:JSCPY) 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.

JSR Receivables Turnover Related Terms

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JSR (JSCPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » JSR Corp (OTCPK:JSCPY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

JSCPF:USA 4185:Japan JYR:Germany

Address

1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, JPN, 105-8640

Website

http://www.jsr.co.jp

JSR Group has four reportable segments, digital solutions, life sciences, elastomers, and plastics. Semiconductor materials and life sciences are the growth drivers for the company, while elastomers produces the greatest amount of revenue. Elastomers consists of synthetic rubbers, thermoplastic elastomers, and emulsions. Plastics includes synthetic resins including ABS resins, AES resins, among others. Digital solutions consists of semiconductor materials, display materials, and edge computing, whereas the life sciences business covers research and diagnostic reagents, bioprocess materials, and contract services.

JSR (JSCPY) Headlines

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