Nihon Decoluxe Co (NGO:7950) Receivables Turnover: 3.98 (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:7950 Nihon Decoluxe Co Ltd NGO:7950
73 GF Score
Price 円9,050.00
GF Value 円8,404.30
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Nihon Decoluxe Co Receivables Turnover?

Nihon Decoluxe Co NGO:7950 73 Receivables Turnover is 3.98 as of Mar. 2026. GuruFocus rates NGO:7950 with a GF Score™ of 73/100 and a GF Value™ of 円8,404.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Nihon Decoluxe Co ranks better than 52.9% 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. Nihon Decoluxe Co's Revenue for the six months ended in Mar. 2026 was 円3,216 Mil. Nihon Decoluxe Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円807 Mil. Hence, Nihon Decoluxe Co's Receivables Turnover for the six months ended in Mar. 2026 was 3.98.


Nihon Decoluxe Co  (NGO:7950) 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 Decoluxe Co Receivables Turnover Related Terms


Nihon Decoluxe Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nihon Decoluxe 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.

Nihon Decoluxe Co Receivables Turnover Chart

Nihon Decoluxe 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 5.05 5.87 6.29 6.56 7.49

Nihon Decoluxe 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 3.21 3.16 3.45 3.42 3.98

NGO:7950 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nihon Decoluxe 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 Decoluxe Co Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nihon Decoluxe Co's Receivables Turnover distribution charts can be found below:

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


NGO:7950
73GF Score
Nihon Decoluxe Co Ltd NGO:7950
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Decoluxe Co Receivables Turnover Calculation

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

Nihon Decoluxe 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 )
=6241.888 / ((909.175 + 757.06) / 2 )
=6241.888 / 833.1175
=7.49

Nihon Decoluxe 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 )
=3216.303 / ((857.887 + 757.06) / 2 )
=3216.303 / 807.4735
=3.98

* 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 3.98 mean?
Nihon Decoluxe Co (NGO:7950) has a Receivables Turnover of 3.98 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 Nihon Decoluxe Co and its competitors. According to the industry distribution chart, Nihon Decoluxe Co ranks #203 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 47.1%.
Is Nihon Decoluxe Co's Receivables Turnover too high?
Nihon Decoluxe Co's current Receivables Turnover is 3.98. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.13. Nihon Decoluxe Co's value of 3.98 is 44.2% below this industry median. Based on the distribution chart, Nihon Decoluxe Co ranks #203 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Nihon Decoluxe Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Decoluxe Co's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nihon Decoluxe Co ranks #203 out of 431 companies for Receivables Turnover. This puts Nihon Decoluxe Co in the upper half of its industry. The industry median Receivables Turnover is 7.13. Nihon Decoluxe Co's value of 3.98 is 44.2% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.13, based on 431 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 Decoluxe Co's current Receivables Turnover of 3.98 is 44.2% 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 Decoluxe Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Decoluxe Co's current Receivables Turnover is 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Decoluxe Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Decoluxe Co (NGO:7950) is currently considered Fairly Valued. The stock's GF Value™ is 円8,404.30, compared to a current price of 円9,050.00 — trading 7.7% above its estimated fair value. The current Receivables Turnover is 3.98 and 44.2% below the Furnishings, Fixtures & Appliances industry median of 7.13. Nihon Decoluxe Co's overall GF Score™ is 73/100 with 6 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 Nihon Decoluxe Co (NGO:7950), the current Receivables Turnover is 3.98 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 Nihon Decoluxe Co (NGO:7950) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Decoluxe Co stock appears to be overvalued. The current stock price of 円9,050.00 is trading 7.7% above its estimated GF Value™ of 円8,404.30. GuruFocus considers Nihon Decoluxe Co to be Fairly Valued.

Key valuation signals for NGO:7950:

  • Receivables Turnover: 3.98
  • GF Value™: 円8,404.30 vs. price of 円9,050.00 (7.7% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 44.2% below the Furnishings, Fixtures & Appliances median (#203 of 431)

No single metric tells the full story. See the NGO:7950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Decoluxe Co Business Description

Address 10 Maeyashiki Kashiwamori, Aichi Prefecture, Niwa-gun, Fuso, JPN, 480-0103
Nihon Decoluxe Co Ltd is engaged in offering decorative boards. It operates Decorative board business unit which covers melamine decorative boards, Living environment business unit, Electronic materials business unit, and a Chemical anchor business unit. The company has two reportable segments: Construction Materials Business and Real Estate Business. The Construction Materials Business manufactures and sells decorative panel products, products for the electronic parts industry, and chemical anchor products. Real Estate Business owns office buildings for lease and engages in real estate leasing.
73GF Score

Get the complete analysis for NGO:7950

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

円9,050.00
Price
円8,404.30
GF Value