Mitachi Co (NGO:3321) Receivables Turnover: 2.21 (As of Feb. 2026)

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NGO:3321 Mitachi Co Ltd NGO:3321
68 GF Score
Price 円1,588.00
GF Value 円2,211.33
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mitachi Co Receivables Turnover?

Mitachi Co NGO:3321 68 Receivables Turnover is 2.21 as of Feb. 2026. GuruFocus rates NGO:3321 with a GF Score™ of 68/100 and a GF Value™ of 円2,211.33 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,467 Hardware companies, Mitachi Co ranks better than 88.53% 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. Mitachi Co's Revenue for the three months ended in Feb. 2026 was 円29,821 Mil. Mitachi Co's average Accounts Receivable for the three months ended in Feb. 2026 was 円13,492 Mil. Hence, Mitachi Co's Receivables Turnover for the three months ended in Feb. 2026 was 2.21.


Mitachi Co  (NGO:3321) 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.


Mitachi Co Receivables Turnover Related Terms


Mitachi Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mitachi 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.

Mitachi Co Receivables Turnover Chart

Mitachi Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 7.78 7.38 11.37 9.83

Mitachi Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.38 2.40 2.55 2.21 2.44

NGO:3321 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Mitachi 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.


Mitachi Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Mitachi Co's Receivables Turnover distribution charts can be found below:

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


NGO:3321
68GF Score
Mitachi Co Ltd NGO:3321
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitachi Co Receivables Turnover Calculation

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

Mitachi Co's Receivables Turnover for the fiscal year that ended in May. 2026 is calculated as

Receivables Turnover (A: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2026 ) / ((Accounts Receivable (A: May. 2025 ) + Accounts Receivable (A: May. 2026 )) / count )
=120327.839 / ((12136.025 + 12337.027) / 2 )
=120327.839 / 12236.526
=9.83

Mitachi Co's Receivables Turnover for the quarter that ended in Feb. 2026 is calculated as

Receivables Turnover (Q: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: Feb. 2026 )) / count )
=29821.492 / ((12993.825 + 13990.843) / 2 )
=29821.492 / 13492.334
=2.21

* 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 2.21 mean?
Mitachi Co (NGO:3321) has a Receivables Turnover of 2.21 as of Feb. 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 Mitachi Co and its competitors. According to the industry distribution chart, Mitachi Co ranks #283 out of 2467 companies in the Hardware industry, placing it in the top 11.5%.
Is Mitachi Co's Receivables Turnover too high?
Mitachi Co's current Receivables Turnover is 2.21. The Hardware industry median Receivables Turnover is 4.94. Mitachi Co's value of 2.21 is 55.3% below this industry median. Based on the distribution chart, Mitachi Co ranks #283 out of 2467 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mitachi Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitachi Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Mitachi Co ranks #283 out of 2467 companies for Receivables Turnover. This places Mitachi Co in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.94. Mitachi Co's value of 2.21 is 55.3% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.94, based on 2,467 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. Mitachi Co's current Receivables Turnover of 2.21 is 55.3% 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 Mitachi Co and its competitors. For the Hardware industry, the median Receivables Turnover is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitachi Co's current Receivables Turnover is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitachi Co stock overvalued right now?
Based on GuruFocus' analysis, Mitachi Co (NGO:3321) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,211.33, compared to a current price of 円1,588.00 — trading 28.2% below its estimated fair value. The current Receivables Turnover is 2.21 and 55.3% below the Hardware industry median of 4.94. Mitachi Co's overall GF Score™ is 68/100 with 2 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 Mitachi Co (NGO:3321), the current Receivables Turnover is 2.21 as of Feb. 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 Mitachi Co (NGO:3321) Overvalued in 2026?

Based on GuruFocus' analysis, Mitachi Co stock appears to be undervalued. The current stock price of 円1,588.00 is trading 28.2% below its estimated GF Value™ of 円2,211.33. GuruFocus considers Mitachi Co to be Modestly Undervalued.

Key valuation signals for NGO:3321:

  • Receivables Turnover: 2.21
  • GF Value™: 円2,211.33 vs. price of 円1,588.00 (28.2% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 55.3% below the Hardware median (#283 of 2467)

No single metric tells the full story. See the NGO:3321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitachi Co Business Description

Other Exchanges 3321:Japan
Address 2-11-28, Iseyama, Naka-ku, Nagoya-shi, Aichi, JPN, 460-0026
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.
68GF Score

Get the complete analysis for NGO:3321

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

円1,588.00
Price
円2,211.33
GF Value