SHOFF (Shoei Co) Receivables Turnover: 2.82 (As of Mar. 2026)

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SHOFF Shoei Co Ltd SHOFF
97 GF Score
Price $11.43
GF Value $11.83
Valuation Fairly Valued
! 1 Warning Sign
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What is Shoei Co Receivables Turnover?

Shoei Co SHOFF 97 Receivables Turnover is 2.82 as of Mar. 2026. GuruFocus rates SHOFF with a GF Score™ of 97/100 and a GF Value™ of $11.83 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,034 Manufacturing - Apparel & Accessories companies, Shoei Co ranks better than 72.82% 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. Shoei Co's Revenue for the three months ended in Mar. 2026 was $47.2 Mil. Shoei Co's average Accounts Receivable for the three months ended in Mar. 2026 was $16.7 Mil. Hence, Shoei Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.82.


Shoei Co  (OTCPK:SHOFF) 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.


Shoei Co Receivables Turnover Related Terms


Shoei Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shoei 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.

Shoei Co Receivables Turnover Chart

Shoei Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 9.13 11.26 12.99 10.62

Shoei Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.15 2.33 2.75 2.81 2.82

SHOFF vs NKE, DECK, ONON: Receivables Turnover Comparison

For the Footwear & Accessories subindustry, Shoei 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.


Shoei Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shoei Co's Receivables Turnover distribution charts can be found below:

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


SHOFF
97GF Score
Shoei Co Ltd SHOFF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoei Co Receivables Turnover Calculation

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

Shoei Co's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=218.876 / ((20.708 + 20.5) / 2 )
=218.876 / 20.604
=10.62

Shoei 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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=47.195 / ((13.825 + 19.663) / 2 )
=47.195 / 16.744
=2.82

* 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 2.82 mean?
Shoei Co (SHOFF) has a Receivables Turnover of 2.82 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 Shoei Co and its competitors. According to the industry distribution chart, Shoei Co ranks #281 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 27.2%.
Is Shoei Co's Receivables Turnover too high?
Shoei Co's current Receivables Turnover is 2.82. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.91. Shoei Co's value of 2.82 is 59.2% below this industry median. Based on the distribution chart, Shoei Co ranks #281 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shoei Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Co's Receivables Turnover compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shoei Co ranks #281 out of 1034 companies for Receivables Turnover. This puts Shoei Co in the upper half of its industry. The industry median Receivables Turnover is 6.91. Shoei Co's value of 2.82 is 59.2% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.91, based on 1,034 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. Shoei Co's current Receivables Turnover of 2.82 is 59.2% 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 Shoei Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoei Co's current Receivables Turnover is 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Co (SHOFF) is currently considered Fairly Valued. The stock's GF Value™ is $11.83, compared to a current price of $11.43 — trading 3.4% below its estimated fair value. The current Receivables Turnover is 2.82 and 59.2% below the Manufacturing - Apparel & Accessories industry median of 6.91. Shoei Co's overall GF Score™ is 97/100 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 Shoei Co (SHOFF), the current Receivables Turnover is 2.82 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 Shoei Co (SHOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Co stock appears to be undervalued. The current stock price of $11.43 is trading 3.4% below its estimated GF Value™ of $11.83. GuruFocus considers Shoei Co to be Fairly Valued.

Key valuation signals for SHOFF:

  • Receivables Turnover: 2.82
  • GF Value™: $11.83 vs. price of $11.43 (3.4% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 59.2% below the Manufacturing - Apparel & Accessories median (#281 of 1034)

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


Shoei Co Business Description

Other Exchanges 7839:Japan
Address 5-8-5 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Shoei Co Ltd main business is the manufacture and sale of helmets for passengers. The items handled are helmets and related products and are designed for riding on general motorcycles. Geographically the company derives the majority of its revenue from Japan. The company also generates revenue from France, Germany, the United States, china, and other countries.
97GF Score

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

$11.43
Price
$11.83
GF Value