Kawasaki Kisen Kaisha (Kawasaki Kisen Kaisha) Receivables Turnover : 2.24 (As of Dec. 2023)

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What is Kawasaki Kisen Kaisha 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. Kawasaki Kisen Kaisha's Revenue for the three months ended in Dec. 2023 was $1,781 Mil. Kawasaki Kisen Kaisha's average Accounts Receivable for the three months ended in Dec. 2023 was $795 Mil. Hence, Kawasaki Kisen Kaisha's Receivables Turnover for the three months ended in Dec. 2023 was 2.24.

Kawasaki Kisen Kaisha Receivables Turnover Historical Data

The historical data trend for Kawasaki Kisen Kaisha'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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Kawasaki Kisen Kaisha Receivables Turnover Chart

Kawasaki Kisen Kaisha Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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10.71

12.18

10.72

9.18

8.40

Kawasaki Kisen Kaisha 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															2.08	1.92	2.00	2.09	2.24

Competitive Comparison of Kawasaki Kisen Kaisha's Receivables Turnover

For the Marine Shipping subindustry, Kawasaki Kisen Kaisha'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.

Kawasaki Kisen Kaisha's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kawasaki Kisen Kaisha's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kawasaki Kisen Kaisha's Receivables Turnover falls into.

Kawasaki Kisen Kaisha Receivables Turnover Calculation

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

Kawasaki Kisen Kaisha'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 )
=	7052.04	/ (	(874.526	+	804.418)	/	2 )
=	7052.04	/	839.472
=	8.40

Kawasaki Kisen Kaisha'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 )
=	1780.68	/ (	(760.668	+	828.836)	/	2 )
=	1780.68	/	794.752
=	2.24

Kawasaki Kisen Kaisha (OTCPK:KAKKF) 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.

Kawasaki Kisen Kaisha Receivables Turnover Related Terms

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Kawasaki Kisen Kaisha (Kawasaki Kisen Kaisha) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kawasaki Kisen Kaisha Ltd (OTCPK:KAKKF) » Definitions » Receivables Turnover

Traded in Other Exchanges

KAIKY:USA 9107:Japan KLI:Germany

Address

Iino Building, 2-1-1, Uchisaiwaicho, Chiyoda-Ku, Tokyo, JPN, 100-8540

Website

http://www.kline.co.jp

Kawasaki Kisen Kaisha Ltd is a transportation company domiciled in Japan. The company organizes itself into four segments: containership, bulk shipping, offshore energy E&P support and heavy lifter, and others. The containership segment, which generates the largest portion of revenue, transports shipping containers and provides logistics solutions. Bulk shipping, the next most significant segment, transports dry bulk, automobiles, liquefied natural gas, and oil. Containership and bulk shipping together generate the vast majority of revenue.

Kawasaki Kisen Kaisha (Kawasaki Kisen Kaisha) Headlines

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