Takashimaya Co (FRA:TKM) Receivables Turnover : 0.73 (As of Aug. 2024)

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What is Takashimaya 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. Takashimaya Co's Revenue for the three months ended in Aug. 2024 was €765 Mil. Takashimaya Co's average Accounts Receivable for the three months ended in Aug. 2024 was €1,047 Mil. Hence, Takashimaya Co's Receivables Turnover for the three months ended in Aug. 2024 was 0.73.

Takashimaya Co Receivables Turnover Historical Data

The historical data trend for Takashimaya 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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Takashimaya Co Receivables Turnover Chart

Takashimaya Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Receivables Turnover

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8.06

6.09

7.63

3.57

2.92

Takashimaya Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Receivables Turnover	Get a 7-Day Free Trial															0.75	0.66	0.78	0.70	0.73

Competitive Comparison of Takashimaya Co's Receivables Turnover

For the Department Stores subindustry, Takashimaya 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.

Takashimaya Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Takashimaya Co's Receivables Turnover distribution charts can be found below:

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

Takashimaya Co Receivables Turnover Calculation

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

Takashimaya Co's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Receivables Turnover (A: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2024 )	/ (	(Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )
=	2888.115	/ (	(1007.225	+	972.639)	/	2 )
=	2888.115	/	989.932
=	2.92

Takashimaya Co's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

	Receivables Turnover (Q: Aug. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2024 )	/ (	(Accounts Receivable (Q: May. 2024 )	+	Accounts Receivable (Q: Aug. 2024 ))	/	count )
=	764.634	/ (	(1050.151	+	1042.959)	/	2 )
=	764.634	/	1046.555
=	0.73

Takashimaya Co (FRA:TKM) 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.

Takashimaya Co Receivables Turnover Related Terms

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Takashimaya Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Takashimaya Co Ltd (FRA:TKM) » Definitions » Receivables Turnover

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8233:Japan

Address

No. 1 No. 5, Osaka Namba 5-chome, Chuo-ku, Osaka, JPN, 542-8510

Website

http://www.takashimaya.co.jp

Takashimaya Co Ltd is a Japanese company that operates department stores in Japan and overseas in Singapore and China. The company is involved in shopping-center development, consumer finance, and other businesses. The chain offers a wide variety of products: clothing, cosmetics, household goods, food products, restaurants, and services. The second core business is shopping-center development and management through Toshin development. Other group businesses include design and interior decoration, credit cards, dining and restaurants, advertising and publicity, personnel services and solutions, and insurance.

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