Sanyo Chemical Industries (FRA:XSI) Receivables Turnover : 0.78 (As of Mar. 2024)

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What is Sanyo Chemical Industries 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. Sanyo Chemical Industries's Revenue for the three months ended in Mar. 2024 was €230 Mil. Sanyo Chemical Industries's average Accounts Receivable for the three months ended in Mar. 2024 was €295 Mil. Hence, Sanyo Chemical Industries's Receivables Turnover for the three months ended in Mar. 2024 was 0.78.

Sanyo Chemical Industries Receivables Turnover Historical Data

The historical data trend for Sanyo Chemical Industries'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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Sanyo Chemical Industries Receivables Turnover Chart

Sanyo Chemical Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.63

3.42

3.81

3.70

3.30

Sanyo Chemical Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.85	0.84	0.87	0.89	0.78

Competitive Comparison of Sanyo Chemical Industries's Receivables Turnover

For the Specialty Chemicals subindustry, Sanyo Chemical Industries'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.

Sanyo Chemical Industries's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sanyo Chemical Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sanyo Chemical Industries's Receivables Turnover falls into.

Sanyo Chemical Industries Receivables Turnover Calculation

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

Sanyo Chemical Industries's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	979.513	/ (	(316.722	+	276.132)	/	2 )
=	979.513	/	296.427
=	3.30

Sanyo Chemical Industries's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	229.529	/ (	(313.183	+	276.132)	/	2 )
=	229.529	/	294.6575
=	0.78

Sanyo Chemical Industries (FRA:XSI) 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.

Sanyo Chemical Industries Receivables Turnover Related Terms

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Sanyo Chemical Industries (FRA:XSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sanyo Chemical Industries Ltd (FRA:XSI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

4471:Japan

Address

11-1, Ikkyo Nomoto-cho, Higashiyama-ku, Kyoto, JPN, 605-0995

Website

http://www.sanyo-chemical.co.jp

Sanyo Chemical Industries Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes its operations into four primary segments based on product type. The toiletries and health care segment, which generates the most revenue of any segment, sells disposable baby diapers, surfactants used to produce hair care products and detergents, and base materials for cosmetics and pharmaceuticals. The petroleum and automotives segment sells polyurethane used to produce automobile seats and interior components as well as fuel additives. The plastics and textiles and information and electronics segment sells a variety of plastic products for consumers as well as the transportation and electronics industries. The majority of revenue comes from Japan.

Sanyo Chemical Industries (FRA:XSI) Headlines

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