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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. Nihon Office Automation Research Co's Revenue for the
six
months ended in Dec. 2025 was 円1,511 Mil. Nihon Office Automation Research Co's average Accounts Receivable for the
six
months ended in Dec. 2025 was 円445 Mil.
Hence, Nihon Office Automation Research Co's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.40.
Nihon Office Automation Research Co (NGO:5241) 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.
Nihon Office Automation Research Co Receivables Turnover Related Terms
Nihon Office Automation Research Co Receivables Turnover Historical Data
* 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.
Nihon Office Automation Research Co Receivables Turnover Chart
Nihon Office Automation Research Co Annual Data
Trend
Dec20
Dec21
Dec23
Dec24
Dec25
Receivables Turnover
5.32
5.26
5.60
6.65
6.44
Nihon Office Automation Research Co Semi-Annual Data
NGO:5241 vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Nihon Office Automation Research 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.
Nihon Office Automation Research Co Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Nihon Office Automation Research Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nihon Office Automation Research Co's Receivables Turnover falls into.
* 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.
Nihon Office Automation Research Co (NGO:5241) has a Receivables Turnover of 3.40 as of Dec. 2025. 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 Nihon Office Automation Research Co and its competitors. According to the industry distribution chart, Nihon Office Automation Research Co ranks #1155 out of 2783 companies in the Software industry, placing it in the top 41.5%.
Is Nihon Office Automation Research Co's Receivables Turnover too high?
Nihon Office Automation Research Co's current Receivables Turnover is 3.40. The Software industry median Receivables Turnover is 5.77. Nihon Office Automation Research Co's value of 3.40 is 41.1% below this industry median. Based on the distribution chart, Nihon Office Automation Research Co ranks #1155 out of 2783 companies in the Software industry, which is above the industry midpoint. Overall, Nihon Office Automation Research Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Nihon Office Automation Research Co's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Nihon Office Automation Research Co ranks #1155 out of 2783 companies for Receivables Turnover. This puts Nihon Office Automation Research Co in the upper half of its industry. The industry median Receivables Turnover is 5.77. Nihon Office Automation Research Co's value of 3.40 is 41.1% 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 5.77, based on 2,783 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. Nihon Office Automation Research Co's current Receivables Turnover of 3.40 is 41.1% 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 Nihon Office Automation Research Co and its competitors. For the Software industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Office Automation Research Co's current Receivables Turnover is 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Office Automation Research Co stock overvalued right now?
Nihon Office Automation Research Co (NGO:5241) has a current Receivables Turnover of 3.40. The current Receivables Turnover is 3.40 and 41.1% below the Software industry median of 5.77. Nihon Office Automation Research Co's overall GF Score™ is 21/100 with 1 warning sign 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 Nihon Office Automation Research Co (NGO:5241), the current Receivables Turnover is 3.40 as of Dec. 2025. 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.
Nihon Office Automation Research Co Ltd is involved in system development, continuous maintenance, support, system modifications, and related services. The company provides high-value-added IT services by participating in the development of central government office systems.
21GF Score
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