Nichiryo Baking Co (SSE:2218) Receivables Turnover: 4.34 (As of Mar. 2026)

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SSE:2218 Nichiryo Baking Co Ltd SSE:2218
59 GF Score
Price 円2,159.00
GF Value 円2,351.38
Valuation Fairly Valued
! 4 Warning Signs
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What is Nichiryo Baking Co Receivables Turnover?

Nichiryo Baking Co SSE:2218 59 Receivables Turnover is 4.34 as of Mar. 2026. GuruFocus rates SSE:2218 with a GF Score™ of 59/100 and a GF Value™ of 円2,351.38 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,940 Consumer Packaged Goods companies, Nichiryo Baking Co ranks worse than 56.55% 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. Nichiryo Baking Co's Revenue for the six months ended in Mar. 2026 was 円9,686 Mil. Nichiryo Baking Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円2,233 Mil. Hence, Nichiryo Baking Co's Receivables Turnover for the six months ended in Mar. 2026 was 4.34.


Nichiryo Baking Co  (SSE:2218) 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.


Nichiryo Baking Co Receivables Turnover Related Terms


Nichiryo Baking Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nichiryo Baking 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.

Nichiryo Baking Co Receivables Turnover Chart

Nichiryo Baking 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 8.11 8.25 7.70 7.61 8.39

Nichiryo Baking 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 3.68 3.85 4.25 4.20 4.34

SSE:2218 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Nichiryo Baking 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.


Nichiryo Baking Co Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nichiryo Baking Co's Receivables Turnover distribution charts can be found below:

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


SSE:2218
59GF Score
Nichiryo Baking Co Ltd SSE:2218
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichiryo Baking Co Receivables Turnover Calculation

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

Nichiryo Baking 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 )
=19000.407 / ((2251.631 + 2279.419) / 2 )
=19000.407 / 2265.525
=8.39

Nichiryo Baking 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 )
=9686.331 / ((2185.888 + 2279.419) / 2 )
=9686.331 / 2232.6535
=4.34

* 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 4.34 mean?
Nichiryo Baking Co (SSE:2218) has a Receivables Turnover of 4.34 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 Nichiryo Baking Co and its competitors. According to the industry distribution chart, Nichiryo Baking Co ranks #1097 out of 1940 companies in the Consumer Packaged Goods industry, placing it in the top 56.5%.
Is Nichiryo Baking Co's Receivables Turnover too high?
Nichiryo Baking Co's current Receivables Turnover is 4.34. The Consumer Packaged Goods industry median Receivables Turnover is 9.37. Nichiryo Baking Co's value of 4.34 is 53.7% below this industry median. Based on the distribution chart, Nichiryo Baking Co ranks #1097 out of 1940 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nichiryo Baking Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nichiryo Baking Co's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nichiryo Baking Co ranks #1097 out of 1940 companies for Receivables Turnover. This places Nichiryo Baking Co in the lower half of its industry. The industry median Receivables Turnover is 9.37. Nichiryo Baking Co's value of 4.34 is 53.7% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.37, based on 1,940 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. Nichiryo Baking Co's current Receivables Turnover of 4.34 is 53.7% 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 Nichiryo Baking Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiryo Baking Co's current Receivables Turnover is 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiryo Baking Co stock overvalued right now?
Based on GuruFocus' analysis, Nichiryo Baking Co (SSE:2218) is currently considered Fairly Valued. The stock's GF Value™ is 円2,351.38, compared to a current price of 円2,159.00 — trading 8.2% below its estimated fair value. The current Receivables Turnover is 4.34 and 53.7% below the Consumer Packaged Goods industry median of 9.37. Nichiryo Baking Co's overall GF Score™ is 59/100 with 4 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 Nichiryo Baking Co (SSE:2218), the current Receivables Turnover is 4.34 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 Nichiryo Baking Co (SSE:2218) Overvalued in 2026?

Based on GuruFocus' analysis, Nichiryo Baking Co stock appears to be undervalued. The current stock price of 円2,159.00 is trading 8.2% below its estimated GF Value™ of 円2,351.38. GuruFocus considers Nichiryo Baking Co to be Fairly Valued.

Key valuation signals for SSE:2218:

  • Receivables Turnover: 4.34
  • GF Value™: 円2,351.38 vs. price of 円2,159.00 (8.2% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 53.7% below the Consumer Packaged Goods median (#1097 of 1940)

No single metric tells the full story. See the SSE:2218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nichiryo Baking Co Business Description

Address Toyohira-ku Tsukisa Higashi, Sapporo, JPN, 1118-551
Nichiryo Baking Co Ltd engages in the manufacturing and sale of food products in Japan. The company's products include bread, bakery, pastry, candy products, plain bread, meal bread, sweet bread, Japanese confectionery, northern country bakery, boiled rice, cooked bread. It also sales seasonal items.
59GF Score

Get the complete analysis for SSE:2218

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

円2,159.00
Price
円2,351.38
GF Value