Nippon Grande Co (SSE:2976) Receivables Turnover: 84.35 (As of Mar. 2026)

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SSE:2976 Nippon Grande Co Ltd SSE:2976
20 GF Score
Price 円691.00
! 5 Warning Signs
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What is Nippon Grande Co Receivables Turnover?

Nippon Grande Co SSE:2976 -1.99% 20 Receivables Turnover is 84.35 as of Mar. 2026. GuruFocus rates SSE:2976 with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 1,667 Real Estate companies, Nippon Grande Co ranks better than 93.88% 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. Nippon Grande Co's Revenue for the six months ended in Mar. 2026 was 円1,304 Mil. Nippon Grande Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円15 Mil. Hence, Nippon Grande Co's Receivables Turnover for the six months ended in Mar. 2026 was 84.35.


Nippon Grande Co  (SSE:2976) 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.


Nippon Grande Co Receivables Turnover Related Terms


Nippon Grande Co Receivables Turnover Historical Data

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The historical data trend for Nippon Grande 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.

Nippon Grande Co Receivables Turnover Chart

Nippon Grande 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 86.38 139.45 184.57 108.81 170.85

Nippon Grande Co Semi-Annual Data
Mar17 Mar18 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 168.63 60.70 64.47 124.75 84.35

SSE:2976 vs CBRE, BEKE, JLL: Receivables Turnover Comparison

For the Real Estate Services subindustry, Nippon Grande 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.


Nippon Grande Co Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Grande Co's Receivables Turnover distribution charts can be found below:

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


SSE:2976
20GF Score
Nippon Grande Co Ltd SSE:2976
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Grande Co Receivables Turnover Calculation

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

Nippon Grande 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 )
=3655.302 / ((24.773 + 18.017) / 2 )
=3655.302 / 21.395
=170.85

Nippon Grande 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 )
=1304.496 / ((12.915 + 18.017) / 2 )
=1304.496 / 15.466
=84.35

* 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 84.35 mean?
Nippon Grande Co (SSE:2976) has a Receivables Turnover of 84.35 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 Nippon Grande Co and its competitors. According to the industry distribution chart, Nippon Grande Co ranks #102 out of 1667 companies in the Real Estate industry, placing it in the top 6.1%.
Is Nippon Grande Co's Receivables Turnover too high?
Nippon Grande Co's current Receivables Turnover is 84.35. The Real Estate industry median Receivables Turnover is 10.56. Nippon Grande Co's value of 84.35 is 698.8% above this industry median. Based on the distribution chart, Nippon Grande Co ranks #102 out of 1667 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Grande Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Grande Co's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nippon Grande Co ranks #102 out of 1667 companies for Receivables Turnover. This places Nippon Grande Co in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.56. Nippon Grande Co's value of 84.35 is 698.8% above 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.56, based on 1,667 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. Nippon Grande Co's current Receivables Turnover of 84.35 is 698.8% above 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 Nippon Grande Co and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Grande Co's current Receivables Turnover is 84.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Grande Co stock overvalued right now?
Nippon Grande Co (SSE:2976) has a current Receivables Turnover of 84.35. The current Receivables Turnover is 84.35 and 698.8% above the Real Estate industry median of 10.56. Nippon Grande Co's overall GF Score™ is 20/100 with 5 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 Nippon Grande Co (SSE:2976), the current Receivables Turnover is 84.35 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.

Nippon Grande Co Business Description

Address 1-1-1 Odori Nishi 5-chome, Chuo-ku, Sapporo City, JPN
Nippon Grande Co Ltd is a Japanese company that provides real estate-based services. It offers real estate sales, real estate leasing, and other services. Its reportable business segments are Real estate sales, Real estate rental, and Real estate-related.
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