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RYKKF (Ryohin Keikaku Co) Receivables Turnover : 10.57 (As of Aug. 2024)


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What is Ryohin Keikaku Co Receivables Turnover?

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. Ryohin Keikaku Co's Revenue for the three months ended in Aug. 2024 was $1,135 Mil. Ryohin Keikaku Co's average Accounts Receivable for the three months ended in Aug. 2024 was $107 Mil. Hence, Ryohin Keikaku Co's Receivables Turnover for the three months ended in Aug. 2024 was 10.57.


Ryohin Keikaku Co Receivables Turnover Historical Data

The historical data trend for Ryohin Keikaku 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.

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Ryohin Keikaku Co Receivables Turnover Chart

Ryohin Keikaku Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.33 48.43 47.18 49.88 45.24

Ryohin Keikaku Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 11.00 11.00 10.56 12.16 10.57

Competitive Comparison of Ryohin Keikaku Co's Receivables Turnover

For the Department Stores subindustry, Ryohin Keikaku 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.


Ryohin Keikaku Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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



Ryohin Keikaku Co Receivables Turnover Calculation

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

Ryohin Keikaku Co's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=4523.851 / ((85.115 + 114.888) / 2 )
=4523.851 / 100.0015
=45.24

Ryohin Keikaku Co's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: May. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=1134.783 / ((99.917 + 114.888) / 2 )
=1134.783 / 107.4025
=10.57

* 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.


Ryohin Keikaku Co  (OTCPK:RYKKF) 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.


Ryohin Keikaku Co Receivables Turnover Related Terms

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Ryohin Keikaku Co Business Description

Traded in Other Exchanges
Address
4-26-3 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 170-8424
Ryohin Keikaku Co Ltd otherwise known as Muji, is a Japanese retailer offering household and consumer goods. The company has a no-logo, no-brand policy. Its lower price strategy is based around the selection of materials, efficient manufacturing processes, and simplified packaging. The product portfolio ranges from stationery to clothing for men and women, food items, and major kitchen appliances. Its business includes also Muji Cafe & Meal, Muji Campsite, Muji House, and Idee. The Muji Cafe & Meal division operates Cafe Muji, offering cuisine, desserts, and beverages. Muji Campsite operates campsites and the surrounding forest areas. Muji House provides flexible framework for home interiors, such as The House of Woods and The House of Windows.

Ryohin Keikaku Co Headlines

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