VLC Holdings Co (NGO:2467) Receivables Turnover: 3.38 (As of Mar. 2026)


NGO:2467 VLC Holdings Co Ltd NGO:2467
49 GF Score
Price 円208.00
GF Value 円141.41
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co Receivables Turnover?

VLC Holdings Co NGO:2467 +1.96% 49 Receivables Turnover is 3.38 as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 49/100 and a GF Value™ of 円141.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,773 Software companies, VLC Holdings Co ranks worse than 57.12% on this metric.

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. VLC Holdings Co's Revenue for the six months ended in Mar. 2026 was 円754 Mil. VLC Holdings Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円223 Mil. Hence, VLC Holdings Co's Receivables Turnover for the six months ended in Mar. 2026 was 3.38.


VLC Holdings Co  (NGO:2467) 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.


VLC Holdings Co Receivables Turnover Related Terms


VLC Holdings Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for VLC Holdings 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.

VLC Holdings Co Receivables Turnover Chart

VLC Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 4.84 3.57 3.21 4.14

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.63 1.67 2.65 2.58 3.38

NGO:2467 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, VLC Holdings 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.


VLC Holdings Co Receivables Turnover vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's Receivables Turnover distribution charts can be found below:

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


NGO:2467
49GF Score
VLC Holdings Co Ltd NGO:2467
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co Receivables Turnover Calculation

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

VLC Holdings Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=1365.823 / ((343.594 + 315.459) / 2 )
=1365.823 / 329.5265
=4.14

VLC Holdings Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=753.814 / ((130.301 + 315.459) / 2 )
=753.814 / 222.88
=3.38

* 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 3.38 mean?
VLC Holdings Co (NGO:2467) has a Receivables Turnover of 3.38 as of Mar. 2026. 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 VLC Holdings Co and its competitors. According to the industry distribution chart, VLC Holdings Co ranks #1584 out of 2773 companies in the Software industry, placing it in the top 57.1%.
Is VLC Holdings Co's Receivables Turnover too high?
VLC Holdings Co's current Receivables Turnover is 3.38. The Software industry median Receivables Turnover is 5.72. VLC Holdings Co's value of 3.38 is 40.9% below this industry median. Based on the distribution chart, VLC Holdings Co ranks #1584 out of 2773 companies in the Software industry, which is below the industry midpoint. Overall, VLC Holdings Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #1584 out of 2773 companies for Receivables Turnover. This places VLC Holdings Co in the lower half of its industry. The industry median Receivables Turnover is 5.72. VLC Holdings Co's value of 3.38 is 40.9% 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 a Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,773 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. VLC Holdings Co's current Receivables Turnover of 3.38 is 40.9% 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 VLC Holdings Co and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VLC Holdings Co's current Receivables Turnover is 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.41, compared to a current price of 円208.00 — trading 47.1% above its estimated fair value. The current Receivables Turnover is 3.38 and 40.9% below the Software industry median of 5.72. VLC Holdings Co's overall GF Score™ is 49/100 with 5 warning signs to review. 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 VLC Holdings Co (NGO:2467), the current Receivables Turnover is 3.38 as of Mar. 2026. 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.

Is VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円208.00 is trading 47.1% above its estimated GF Value™ of 円141.41. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • Receivables Turnover: 3.38
  • GF Value™: 円141.41 vs. price of 円208.00 (47.1% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 40.9% below the Software median (#1584 of 2773)

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
49GF Score

Get the complete analysis for NGO:2467

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円208.00
Price
円141.41
GF Value