Golf Do Co (NGO:3032) Receivables Turnover: 9.45 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3032 Golf Do Co Ltd NGO:3032
54 GF Score
Price 円317.00
GF Value 円212.50
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Golf Do Co Receivables Turnover?

Golf Do Co NGO:3032 -0.31% 54 Receivables Turnover is 9.45 as of Mar. 2026. GuruFocus rates NGO:3032 with a GF Score™ of 54/100 and a GF Value™ of 円212.50 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,106 Retail - Cyclical companies, Golf Do Co ranks worse than 51.36% 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. Golf Do Co's Revenue for the six months ended in Mar. 2026 was 円3,113 Mil. Golf Do Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円329 Mil. Hence, Golf Do Co's Receivables Turnover for the six months ended in Mar. 2026 was 9.45.


Golf Do Co  (NGO:3032) 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.


Golf Do Co Receivables Turnover Related Terms


Golf Do Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Golf Do 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.

Golf Do Co Receivables Turnover Chart

Golf Do 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 14.33 17.73 20.38 18.18 17.70

Golf Do 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 10.59 10.18 9.84 9.42 9.45

NGO:3032 vs CASY, WSM, ULTA: Receivables Turnover Comparison

For the Specialty Retail subindustry, Golf Do 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.


Golf Do Co Receivables Turnover vs Retail - Cyclical Industry

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

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


NGO:3032
54GF Score
Golf Do Co Ltd NGO:3032
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golf Do Co Receivables Turnover Calculation

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

Golf Do 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 )
=6184.822 / ((346.039 + 352.649) / 2 )
=6184.822 / 349.344
=17.70

Golf Do 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 )
=3112.728 / ((305.873 + 352.649) / 2 )
=3112.728 / 329.261
=9.45

* 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 9.45 mean?
Golf Do Co (NGO:3032) has a Receivables Turnover of 9.45 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 Golf Do Co and its competitors. According to the industry distribution chart, Golf Do Co ranks #568 out of 1106 companies in the Retail - Cyclical industry, placing it in the top 51.4%.
Is Golf Do Co's Receivables Turnover too high?
Golf Do Co's current Receivables Turnover is 9.45. The Retail - Cyclical industry median Receivables Turnover is 19.50. Golf Do Co's value of 9.45 is 51.5% below this industry median. Based on the distribution chart, Golf Do Co ranks #568 out of 1106 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Golf Do Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's Receivables Turnover compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #568 out of 1106 companies for Receivables Turnover. This places Golf Do Co in the lower half of its industry. The industry median Receivables Turnover is 19.50. Golf Do Co's value of 9.45 is 51.5% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.50, based on 1,106 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. Golf Do Co's current Receivables Turnover of 9.45 is 51.5% 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 Golf Do Co and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golf Do Co's current Receivables Turnover is 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円212.50, compared to a current price of 円317.00 — trading 49.2% above its estimated fair value. The current Receivables Turnover is 9.45 and 51.5% below the Retail - Cyclical industry median of 19.50. Golf Do Co's overall GF Score™ is 54/100 with 8 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 Golf Do Co (NGO:3032), the current Receivables Turnover is 9.45 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 Golf Do Co (NGO:3032) Overvalued in 2026?

Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued. The current stock price of 円317.00 is trading 49.2% above its estimated GF Value™ of 円212.50. GuruFocus considers Golf Do Co to be Significantly Overvalued.

Key valuation signals for NGO:3032:

  • Receivables Turnover: 9.45
  • GF Value™: 円212.50 vs. price of 円317.00 (49.2% above fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 51.5% below the Retail - Cyclical median (#568 of 1106)

No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golf Do Co Business Description

Address 2-3-1 Kami-Ochiai Chuo-ku, Saitama Prefecture, Saitama, JPN, 338-0001
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
54GF Score

Get the complete analysis for NGO:3032

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

円317.00
Price
円212.50
GF Value