GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nippon Road Co Ltd (TSE:1884) » Definitions » Receivables Turnover

Nippon Road Co (TSE:1884) Receivables Turnover : 0.73 (As of Sep. 2024)


View and export this data going back to 1961. Start your Free Trial

What is Nippon Road Co 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. Nippon Road Co's Revenue for the three months ended in Sep. 2024 was 円38,566 Mil. Nippon Road Co's average Accounts Receivable for the three months ended in Sep. 2024 was 円52,867 Mil. Hence, Nippon Road Co's Receivables Turnover for the three months ended in Sep. 2024 was 0.73.


Nippon Road Co Receivables Turnover Historical Data

The historical data trend for Nippon Road 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.

* Premium members only.

Nippon Road Co Receivables Turnover Chart

Nippon Road Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 2.84 2.56 2.55 2.81

Nippon Road Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.78 0.72 0.61 0.73 0.87

Competitive Comparison of Nippon Road Co's Receivables Turnover

For the Engineering & Construction subindustry, Nippon Road 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 Road Co's Receivables Turnover Distribution in the Construction Industry

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

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


;
;

Nippon Road Co Receivables Turnover Calculation

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

Nippon Road Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=160518 / ((57573 + 56613) / 2 )
=160518 / 57093
=2.81

Nippon Road Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=38566 / ((0 + 52867) / 1 )
=38566 / 52867
=0.73

* 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 Road Co  (TSE:1884) 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 Road Co Receivables Turnover Related Terms

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


Nippon Road Co Business Description

Traded in Other Exchanges
N/A
Address
6-5, Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0004
Nippon Road Co Ltd is engaged in the business of general construction. The company is involved in the construction design, supervision, and management activities, road construction and paving work, general civil engineering works, building construction, construction of environmental, and sport and leisure facilities. In addition, it also manufactures and sells asphalt mixture materials and is also in the consulting business.

Nippon Road Co Headlines

No Headlines