JFTH (Japan Food Tech Holdings) Receivables Turnover: 0.71 (As of Jun. 2024)


What is Japan Food Tech Holdings Receivables Turnover?

Japan Food Tech Holdings JFTH Receivables Turnover is 0.71 as of Jun. 2024.

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. Japan Food Tech Holdings's Revenue for the three months ended in Jun. 2024 was $0.01 Mil. Japan Food Tech Holdings's average Accounts Receivable for the three months ended in Jun. 2024 was $0.01 Mil. Hence, Japan Food Tech Holdings's Receivables Turnover for the three months ended in Jun. 2024 was 0.71.

Japan Food Tech Holdings  (OTCPK:JFTH) 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.

Japan Food Tech Holdings Receivables Turnover Related Terms

Japan Food Tech Holdings Receivables Turnover Historical Data

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The historical data trend for Japan Food Tech Holdings'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.

Japan Food Tech Holdings Receivables Turnover Chart

Japan Food Tech Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.37 2.93 0.00 0.00 1.45

Japan Food Tech Holdings Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.50 0.43 0.45 0.29 0.71

JFTH vs SPEC, AKMYF, VLTO: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, Japan Food Tech Holdings'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.

Japan Food Tech Holdings Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Japan Food Tech Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Japan Food Tech Holdings's Receivables Turnover falls into.


Japan Food Tech Holdings Receivables Turnover Calculation

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

Japan Food Tech Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=0.016 / ((0 + 0.011) / 1 )
=0.016 / 0.011
=1.45

Japan Food Tech Holdings's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=0.006 / ((0.011 + 0.006) / 2 )
=0.006 / 0.0085
=0.71

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.71 mean?
Japan Food Tech Holdings (JFTH) has a Receivables Turnover of 0.71 as of Jun. 2024. The accounts 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. View historical data on Japan Food Tech Holdings and its competitors.
Is Japan Food Tech Holdings' Receivables Turnover too high?
Japan Food Tech Holdings' current Receivables Turnover is 0.71. The Industrial Products industry median Receivables Turnover is 4.45. Japan Food Tech Holdings' value of 0.71 is 84% below this industry median.
How does Japan Food Tech Holdings' Receivables Turnover compare to SPEC and AKMYF?
Japan Food Tech Holdings' Receivables Turnover of 0.71 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Japan Food Tech Holdings' value of 0.71 is 84% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,025 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Food Tech Holdings's current Receivables Turnover of 0.71 is 84% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Japan Food Tech Holdings and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Food Tech Holdings's current Receivables Turnover is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Food Tech Holdings stock overvalued right now?
Japan Food Tech Holdings (JFTH) has a current Receivables Turnover of 0.71. The current Receivables Turnover is 0.71 and 84% below the Industrial Products industry median of 4.45. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Japan Food Tech Holdings (JFTH), the current Receivables Turnover is 0.71 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Japan Food Tech Holdings Business Description

Address 3F K’s Minamiaoyama 6-6-20 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Japan Food Tech Holdings Inc formerly Dr. Foods Inc, acts as an importer, reseller, developer, and manufacturer of various plant-based food products to replace traditional animal products while retaining the taste and texture of the original.