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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. Toyo Electric's Revenue for the
six
months ended in Mar. 2026 was 円5,117 Mil. Toyo Electric's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円2,152 Mil.
Hence, Toyo Electric's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.38.
Toyo Electric (NGO:6655) 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.
Toyo Electric Receivables Turnover Related Terms
Toyo Electric Receivables Turnover Historical Data
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The historical data trend for Toyo Electric'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.
NGO:6655 vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Toyo Electric'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.
Toyo Electric Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Electric's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Toyo Electric'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.
Toyo Electric (NGO:6655) has a Receivables Turnover of 2.38 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 Toyo Electric and its competitors. According to the industry distribution chart, Toyo Electric ranks #1739 out of 3035 companies in the Industrial Products industry, placing it in the top 57.3%.
Is Toyo Electric's Receivables Turnover too high?
Toyo Electric's current Receivables Turnover is 2.38. The Industrial Products industry median Receivables Turnover is 4.45. Toyo Electric's value of 2.38 is 46.5% below this industry median. Based on the distribution chart, Toyo Electric ranks #1739 out of 3035 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Toyo Electric has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Electric's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Toyo Electric ranks #1739 out of 3035 companies for Receivables Turnover. This places Toyo Electric in the lower half of its industry. The industry median Receivables Turnover is 4.45. Toyo Electric's value of 2.38 is 46.5% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,035 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. Toyo Electric's current Receivables Turnover of 2.38 is 46.5% 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 Toyo Electric 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. Toyo Electric's current Receivables Turnover is 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Electric stock overvalued right now?
Based on GuruFocus' analysis, Toyo Electric (NGO:6655) is currently considered Fairly Valued. The stock's GF Value™ is 円807.18, compared to a current price of 円773.00 — trading 4.2% below its estimated fair value. The current Receivables Turnover is 2.38 and 46.5% below the Industrial Products industry median of 4.45. Toyo Electric's overall GF Score™ is 65/100 with 3 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 Toyo Electric (NGO:6655), the current Receivables Turnover is 2.38 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 Toyo Electric (NGO:6655) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Electric stock appears to be undervalued.
The current stock price of 円773.00 is trading 4.2% below its estimated GF Value™ of 円807.18.
GuruFocus considers Toyo Electric to be Fairly Valued.
Key valuation signals for NGO:6655:
Receivables Turnover: 2.38
GF Value™: 円807.18 vs. price of 円773.00 (4.2% below fair value)
Industry Position: 46.5% below the Industrial Products median (#1739 of 3035)
No single metric tells the full story. See the NGO:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Electric Corp is a Japan based company engaged in the manufacture and maintenance of switchboards and transformers. The company provides monitoring and control equipment, distribution boards, transformers, sensors, equipment for solutions, and manufactures and sells switchboards and elevator sensors, and the Company outsources the manufacturing of products and sells and purchases raw materials.
65GF Score
Get the complete analysis for NGO:6655
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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