Marui Group Co (Marui Group Co) Receivables Turnover : 0.11 (As of Dec. 2023)

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What is Marui Group 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. Marui Group Co's Revenue for the three months ended in Dec. 2023 was $405 Mil. Marui Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was $3,664 Mil. Hence, Marui Group Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.11.

Marui Group Co Receivables Turnover Historical Data

The historical data trend for Marui Group 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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Marui Group Co Receivables Turnover Chart

Marui Group Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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0.58

0.59

0.48

0.45

0.43

Marui Group Co 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															0.11	0.11	0.11	0.11	0.11

Competitive Comparison of Marui Group Co's Receivables Turnover

For the Credit Services subindustry, Marui Group 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.

Marui Group Co's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Marui Group Co's Receivables Turnover distribution charts can be found below:

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

Marui Group Co Receivables Turnover Calculation

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

Marui Group Co'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 )
=	1629.859	/ (	(3899.31	+	3637.987)	/	2 )
=	1629.859	/	3768.6485
=	0.43

Marui Group Co'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 )
=	405.267	/ (	(3514.809	+	3812.545)	/	2 )
=	405.267	/	3663.677
=	0.11

Marui Group Co (OTCPK:MAURY) 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.

Marui Group Co Receivables Turnover Related Terms

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Marui Group Co (Marui Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marui Group Co Ltd (OTCPK:MAURY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

8252:Japan MUI:Germany

Address

4-3-2 Nakano, Nakano-ku, Tokyo, JPN, 164-8701

Website

http://www.0101maruigroup.co.jp

Marui Group Co Ltd operates group companies engaged in retail business and fintech business. It operates through two segments namely Retailing and Fintech. The Retailing segment engages in the management of commercial property rental, retailing operations of clothes and accessories, space production, advertising, apparel distribution, and management of buildings and other facilities. The FinTech segment engages in the credit card services, consumer loans, and the rent guarantee businesses; IT systems; and real estate rental.

Marui Group Co (Marui Group Co) Headlines

From GuruFocus

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