Soracom (TSE:147A) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Soracom 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. Soracom's Revenue for the three months ended in Dec. 2023 was 円0 Mil. Soracom's average Accounts Receivable for the three months ended in Dec. 2023 was 円958 Mil.

Soracom Receivables Turnover Historical Data

The historical data trend for Soracom'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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Soracom Receivables Turnover Chart

Soracom Annual Data

Trend

Mar22

Mar23

Receivables Turnover

6.91

7.51

Soracom Quarterly Data
	Mar22	Mar23	Dec23
Receivables Turnover	-	-	-

Competitive Comparison of Soracom's Receivables Turnover

For the Software - Infrastructure subindustry, Soracom'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.

Soracom's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Soracom's Receivables Turnover distribution charts can be found below:

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

Soracom Receivables Turnover Calculation

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

Soracom's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	6299.403	/ (	(788.418	+	889.727)	/	2 )
=	6299.403	/	839.0725
=	7.51

Soracom's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0	/ (	(889.727	+	1027.076)	/	2 )
=	0	/	958.4015
=	N/A

Soracom (TSE:147A) 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.

Soracom Receivables Turnover Related Terms

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Soracom (TSE:147A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Soracom Inc (TSE:147A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd floor Ojima building, 4-5-6 Tamagawa, Setagaya-ku, Tokyo, JPN, 158-0094

Website

https://www.soracom.com

Soracom Inc is engaged in development and provision of the IoT platform SORACOM. IoT platform SORACOM provides one-stop IoT devices, communications, applications, etc.

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