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Odelic Co (DELISTED:6889) Receivables Turnover : 1.40 (As of Dec. 2019)


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What is Odelic 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. Odelic Co's Revenue for the three months ended in Dec. 2019 was 円10,585 Mil. Odelic Co's average Accounts Receivable for the three months ended in Dec. 2019 was 円7,579 Mil. Hence, Odelic Co's Receivables Turnover for the three months ended in Dec. 2019 was 1.40.


Odelic Co Receivables Turnover Historical Data

The historical data trend for Odelic 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.

* Premium members only.

Odelic Co Receivables Turnover Chart

Odelic Co Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.69 5.19 5.14 5.02 4.95

Odelic Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 1.51 1.32 1.33 1.43 1.40

Competitive Comparison of Odelic Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Odelic 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.


Odelic Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Odelic Co's Receivables Turnover distribution charts can be found below:

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



Odelic Co Receivables Turnover Calculation

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

Odelic Co's Receivables Turnover for the fiscal year that ended in Mar. 2019 is calculated as

Receivables Turnover (A: Mar. 2019 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2019 ) / ((Accounts Receivable (A: Mar. 2018 ) + Accounts Receivable (A: Mar. 2019 )) / count )
=36831.207 / ((7592.233 + 7291.595) / 2 )
=36831.207 / 7441.914
=4.95

Odelic Co's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Sep. 2019 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=10584.818 / ((7560.421 + 7598.356) / 2 )
=10584.818 / 7579.3885
=1.40

* 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.


Odelic Co  (DELISTED:6889) 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.


Odelic Co Receivables Turnover Related Terms

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Odelic Co (DELISTED:6889) Business Description

Traded in Other Exchanges
N/A
Address
1-17-5 Miyamae, Suginami-ku, Tokyo, JPN, 168-0081
Odelic Co., Ltd. manufactures and sells lighting appliances. It offers lighting equipment and ceiling fans for domestic, commercial and industrial purposes. It also manufactures and sells light sensors and speakers. The Company specializes in the production of decorative lighting products to enhance home interiors.

Odelic Co (DELISTED:6889) Headlines

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