Dentsu Group (Dentsu Group) Receivables Turnover : 0.25 (As of Dec. 2023)

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What is Dentsu Group 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. Dentsu Group's Revenue for the three months ended in Dec. 2023 was $2,568 Mil. Dentsu Group's average Accounts Receivable for the three months ended in Dec. 2023 was $10,251 Mil. Hence, Dentsu Group's Receivables Turnover for the three months ended in Dec. 2023 was 0.25.

Dentsu Group Receivables Turnover Historical Data

The historical data trend for Dentsu Group'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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Dentsu Group Receivables Turnover Chart

Dentsu Group Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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0.76

0.71

0.75

0.76

0.83

Dentsu Group 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															0.24	0.21	0.20	0.23	0.25

Competitive Comparison of Dentsu Group's Receivables Turnover

For the Advertising Agencies subindustry, Dentsu Group'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.

Dentsu Group's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dentsu Group's Receivables Turnover distribution charts can be found below:

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

Dentsu Group Receivables Turnover Calculation

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

Dentsu Group'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 )
=	9060.553	/ (	(11354.996	+	10586.7)	/	2 )
=	9060.553	/	10970.848
=	0.83

Dentsu Group'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 )
=	2567.656	/ (	(9916.115	+	10586.7)	/	2 )
=	2567.656	/	10251.4075
=	0.25

Dentsu Group (OTCPK:DNTUF) 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.

Dentsu Group Receivables Turnover Related Terms

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Dentsu Group (Dentsu Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dentsu Group Inc (OTCPK:DNTUF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DNTUY:USA 4324:Japan DEN:Germany

Address

1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001

Website

https://www.dentsu.com

Dentsu Group Inc is a Japanese international advertising and public relations company that provides communication-related solutions and services such as management and business consulting. Dentsu is one of the world's largest advertising agencies. The company operates through its nine global network brands--Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, MKTG, Posterscope and Vizeum--as well as through its specialist/multi-market brands. It is also active in the production and marketing of sports and entertainment content on a global scale. The company earns a majority of its revenue in Japan, followed by Europe and the Americas, while operating in over 100 countries around the world.