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Konica Minolta (HAM:KPI1) Receivables Turnover : 0.99 (As of Sep. 2024)


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What is Konica Minolta 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. Konica Minolta's Revenue for the three months ended in Sep. 2024 was €1,875 Mil. Konica Minolta's average Accounts Receivable for the three months ended in Sep. 2024 was €1,887 Mil. Hence, Konica Minolta's Receivables Turnover for the three months ended in Sep. 2024 was 0.99.


Konica Minolta Receivables Turnover Historical Data

The historical data trend for Konica Minolta'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.

Konica Minolta Receivables Turnover Chart

Konica Minolta Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 3.16 3.34 3.64 3.43

Konica Minolta Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.89 0.94 1.01 0.86 0.99

Competitive Comparison of Konica Minolta's Receivables Turnover

For the Business Equipment & Supplies subindustry, Konica Minolta'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.


Konica Minolta's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Konica Minolta's Receivables Turnover falls into.



Konica Minolta Receivables Turnover Calculation

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

Konica Minolta'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 )
=7123.275 / ((2190.588 + 1962.083) / 2 )
=7123.275 / 2076.3355
=3.43

Konica Minolta's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1875.168 / ((0 + 1886.639) / 1 )
=1875.168 / 1886.639
=0.99

* 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.


Konica Minolta  (HAM:KPI1) 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.


Konica Minolta Receivables Turnover Related Terms

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Konica Minolta Business Description

Traded in Other Exchanges
Address
JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-7015
Konica Minolta Inc is a Japanese equipment and material manufacturer that operates globally, generating most of its revenue in Europe, North America and Japan. The company is divided into the office, professional print, healthcare, and the industrial segments. The office business (which includes office tools such as printers as well as IT solutions) is the contributor to revenue, followed by the professional print business (which includes commercial and industrial print systems). The industrial business focuses on development, manufacture, and sales of performance materials and optical systems for industrial use. The healthcare segment provides X-ray diagnostics systems, ultrasound diagnostics tools, and medical IT services.

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