Minami Acoustics (SZSE:301383) Receivables Turnover : 1.12 (As of Mar. 2025)

View and export this data going back to 2023. Start your Free Trial

What is Minami Acoustics 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. Minami Acoustics's Revenue for the three months ended in Mar. 2025 was ¥436 Mil. Minami Acoustics's average Accounts Receivable for the three months ended in Mar. 2025 was ¥389 Mil. Hence, Minami Acoustics's Receivables Turnover for the three months ended in Mar. 2025 was 1.12.

Minami Acoustics Receivables Turnover Historical Data

The historical data trend for Minami Acoustics'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.

* Premium members only.

Minami Acoustics Receivables Turnover Chart

Minami Acoustics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

4.85

4.06

4.11

4.80

5.00

Minami Acoustics Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial													1.01	1.27	1.35	1.08	1.12

Competitive Comparison of Minami Acoustics's Receivables Turnover

For the Consumer Electronics subindustry, Minami Acoustics'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.

Minami Acoustics's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minami Acoustics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Minami Acoustics's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Minami Acoustics Receivables Turnover Calculation

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

Minami Acoustics's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	2227.346	/ (	(458.21	+	433.577)	/	2 )
=	2227.346	/	445.8935
=	5.00

Minami Acoustics's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	435.684	/ (	(433.577	+	343.537)	/	2 )
=	435.684	/	388.557
=	1.12

Minami Acoustics (SZSE:301383) 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.

Minami Acoustics Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Minami Acoustics's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Minami Acoustics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minami Acoustics Ltd (SZSE:301383) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 66, Baokuang Road, Shangou Industrial Zone, Yudu County, Jiangxi, Ganzhou, CHN, 342300

Website

http://www.minamiacoustics.com

Minami Acoustics Ltd focuses on the research & development, production and sales of electroacoustic components and accessories, and has production and manufacturing bases in Zhongshan, Yudu and Malaysia respectively. The main business is the research and development, manufacturing and sales of micro electroacoustic components, consumer, industrial and vehicle-mounted electroacoustic products, and health acoustic products.

Minami Acoustics Headlines

No Headlines