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Keyence (Keyence) Receivables Turnover : 0.86 (As of Dec. 2023)


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What is Keyence 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. Keyence's Revenue for the three months ended in Dec. 2023 was $1,675 Mil. Keyence's average Accounts Receivable for the three months ended in Dec. 2023 was $1,953 Mil. Hence, Keyence's Receivables Turnover for the three months ended in Dec. 2023 was 0.86.


Keyence Receivables Turnover Historical Data

The historical data trend for Keyence'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.

* Premium members only.

Keyence Receivables Turnover Chart

Keyence Annual Data
Trend Mar12 Mar14 Mar15 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 3.07 3.34 3.20 3.02

Keyence 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.75 0.85 0.86 0.86

Competitive Comparison of Keyence's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Keyence'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.


Keyence's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keyence's Receivables Turnover distribution charts can be found below:

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



Keyence Receivables Turnover Calculation

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

Keyence'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 )
=6456.395 / ((2227.857 + 2052.656) / 2 )
=6456.395 / 2140.2565
=3.02

Keyence'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 )
=1674.583 / ((1925.097 + 1980.109) / 2 )
=1674.583 / 1952.603
=0.86

* 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.


Keyence  (OTCPK:KYCCF) 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.


Keyence Receivables Turnover Related Terms

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Keyence (Keyence) Business Description

Traded in Other Exchanges
Address
1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, JPN, 533-8555
Keyence develops and sells factory automation sensors, machine vision systems, barcode readers, programmable logic controllers, laser markers, measuring instruments, and digital microscopes. The company has a fabless business model where manufacturing of its products is outsourced to qualified contract manufacturing companies, while it focuses on product planning and development. It serves customers in automotive, metals/machining, semiconductor/electronics, food, pharmaceutical, and other industries. Keyence was founded in 1972 and is headquartered in Osaka, Japan.

Keyence (Keyence) Headlines

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