Shinnihon (TSE:1879) Receivables Turnover: 3.07 (As of Mar. 2026)

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TSE:1879 Shinnihon Corp TSE:1879
83 GF Score
Price 円2,112.00
GF Value 円1,677.93
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Shinnihon Receivables Turnover?

Shinnihon TSE:1879 +0.43% 83 Receivables Turnover is 3.07 as of Mar. 2026. GuruFocus rates TSE:1879 with a GF Score™ of 83/100 and a GF Value™ of 円1,677.93 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,761 Construction companies, Shinnihon ranks better than 73.65% 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. Shinnihon's Revenue for the three months ended in Mar. 2026 was 円50,885 Mil. Shinnihon's average Accounts Receivable for the three months ended in Mar. 2026 was 円16,565 Mil. Hence, Shinnihon's Receivables Turnover for the three months ended in Mar. 2026 was 3.07.


Shinnihon  (TSE:1879) 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.


Shinnihon Receivables Turnover Related Terms


Shinnihon Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shinnihon'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.

Shinnihon Receivables Turnover Chart

Shinnihon 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 6.86 7.85 10.24 8.58 8.96

Shinnihon 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 2.60 1.35 1.47 1.50 3.07

TSE:1879 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Shinnihon'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.


Shinnihon Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Shinnihon's Receivables Turnover distribution charts can be found below:

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


TSE:1879
83GF Score
Shinnihon Corp TSE:1879
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinnihon Receivables Turnover Calculation

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

Shinnihon'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 )
=138427 / ((18266 + 12649) / 2 )
=138427 / 15457.5
=8.96

Shinnihon'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 )
=50885 / ((20480 + 12649) / 2 )
=50885 / 16564.5
=3.07

* 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 3.07 mean?
Shinnihon (TSE:1879) has a Receivables Turnover of 3.07 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 Shinnihon and its competitors. According to the industry distribution chart, Shinnihon ranks #464 out of 1761 companies in the Construction industry, placing it in the top 26.3%.
Is Shinnihon's Receivables Turnover too high?
Shinnihon's current Receivables Turnover is 3.07. The Construction industry median Receivables Turnover is 4.76. Shinnihon's value of 3.07 is 35.5% below this industry median. Based on the distribution chart, Shinnihon ranks #464 out of 1761 companies in the Construction industry, which is above the industry midpoint. Overall, Shinnihon has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinnihon's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Shinnihon ranks #464 out of 1761 companies for Receivables Turnover. This puts Shinnihon in the upper half of its industry. The industry median Receivables Turnover is 4.76. Shinnihon's value of 3.07 is 35.5% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.76, based on 1,761 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. Shinnihon's current Receivables Turnover of 3.07 is 35.5% 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 Shinnihon and its competitors. For the Construction industry, the median Receivables Turnover is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinnihon's current Receivables Turnover is 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinnihon stock overvalued right now?
Based on GuruFocus' analysis, Shinnihon (TSE:1879) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,677.93, compared to a current price of 円2,112.00 — trading 25.9% above its estimated fair value. The current Receivables Turnover is 3.07 and 35.5% below the Construction industry median of 4.76. Shinnihon's overall GF Score™ is 83/100 with 3 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 Shinnihon (TSE:1879), the current Receivables Turnover is 3.07 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 Shinnihon (TSE:1879) Overvalued in 2026?

Based on GuruFocus' analysis, Shinnihon stock appears to be overvalued. The current stock price of 円2,112.00 is trading 25.9% above its estimated GF Value™ of 円1,677.93. GuruFocus considers Shinnihon to be Modestly Overvalued.

Key valuation signals for TSE:1879:

  • Receivables Turnover: 3.07
  • GF Value™: 円1,677.93 vs. price of 円2,112.00 (25.9% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 35.5% below the Construction median (#464 of 1761)

No single metric tells the full story. See the TSE:1879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinnihon Business Description

Address 1-4-3 Hibino, Shin Nippon Building, Mihama-ku, Chiba, JPN, 261-0021
Shinnihon Corp is engaged in engineering and construction services. The company operates in two divisions namely Construction Division and Development Business Division. The construction division is engaged in the construction of joint housing, government office, hotel, office building, shopping center, shop, hospital/welfare facilities, and factories. The Development Business Division is engaged in Distribution and rental of condominium / detached house, planning and development business of commercial facilities, offices, and warehouses.
83GF Score

Get the complete analysis for TSE:1879

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

円2,112.00
Price
円1,677.93
GF Value