Shiseido Co (Shiseido Co) Receivables Turnover : 1.67 (As of Dec. 2023)

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What is Shiseido 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. Shiseido Co's Revenue for the three months ended in Dec. 2023 was $1,741 Mil. Shiseido Co's average Accounts Receivable for the three months ended in Dec. 2023 was $1,043 Mil. Hence, Shiseido Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.67.

Shiseido Co Receivables Turnover Historical Data

The historical data trend for Shiseido 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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Shiseido Co Receivables Turnover Chart

Shiseido Co Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.76

5.92

6.32

5.77

5.66

Shiseido 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															1.65	1.39	1.50	1.39	1.67

Competitive Comparison of Shiseido Co's Receivables Turnover

For the Household & Personal Products subindustry, Shiseido 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.

Shiseido Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiseido Co's Receivables Turnover distribution charts can be found below:

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

Shiseido Co Receivables Turnover Calculation

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

Shiseido Co'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 )
=	6758.077	/ (	(1349.511	+	1039.634)	/	2 )
=	6758.077	/	1194.5725
=	5.66

Shiseido 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 )
=	1740.647	/ (	(1045.663	+	1039.634)	/	2 )
=	1740.647	/	1042.6485
=	1.67

Shiseido Co (OTCPK:SSDOY) 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.

Shiseido Co Receivables Turnover Related Terms

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Shiseido Co (Shiseido Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiseido Co Ltd (OTCPK:SSDOY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SSDOF:USA 4911:Japan SHD:Germany

Address

5-5 Ginza 7-chome, Chuo-ku, Tokyo, JPN, 104-0061

Website

http://www.shiseido.co.jp

Shiseido is a leading Japanese cosmetics manufacturer. Founded in 1872, the first Western-style pharmacy in Ginza, Tokyo, it is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, including its namesake brand and luxury Clé de Peau Beauté, has an 9.3% share of Japan's beauty and personal care market and 18.3% share of Japan's premium segment according to Euromonitor. It is also ranked No. 3 after Estée Lauder and L'Oréal, with 7.6% market share in the global premium skincare space, thanks to a strong presence in China. China, Japan, and western markets each account for about 25% of sales, followed by 15% of travel retail, and 6% in Asia. Its distribution channels include department stores, drugstores, specialty retailers, travel retailers, and e-commerce.

Shiseido Co (Shiseido Co) Headlines

From GuruFocus

Full Year 2023 Shiseido Co Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-12-2024