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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. Nittoc Construction Co's Revenue for the
three
months ended in Jun. 2026 was 円18,529 Mil. Nittoc Construction Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was 円22,384 Mil.
Hence, Nittoc Construction Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.83.
Nittoc Construction Co (TSE:1929) 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.
Nittoc Construction Co Receivables Turnover Related Terms
Nittoc Construction Co Receivables Turnover Historical Data
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The historical data trend for Nittoc Construction 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.
TSE:1929 vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Nittoc Construction 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.
Nittoc Construction Co Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Nittoc Construction Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nittoc Construction Co's Receivables Turnover falls into.
* 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.
Nittoc Construction Co (TSE:1929) has a Receivables Turnover of 0.83 as of Jun. 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 Nittoc Construction Co and its competitors. According to the industry distribution chart, Nittoc Construction Co ranks #970 out of 1771 companies in the Construction industry, placing it in the top 54.8%.
Is Nittoc Construction Co's Receivables Turnover too high?
Nittoc Construction Co's current Receivables Turnover is 0.83. The Construction industry median Receivables Turnover is 4.81. Nittoc Construction Co's value of 0.83 is 82.7% below this industry median. Based on the distribution chart, Nittoc Construction Co ranks #970 out of 1771 companies in the Construction industry, which is below the industry midpoint. Overall, Nittoc Construction Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoc Construction Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Nittoc Construction Co ranks #970 out of 1771 companies for Receivables Turnover. This places Nittoc Construction Co in the lower half of its industry. The industry median Receivables Turnover is 4.81. Nittoc Construction Co's value of 0.83 is 82.7% 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 4.81, based on 1,771 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. Nittoc Construction Co's current Receivables Turnover of 0.83 is 82.7% 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 Nittoc Construction Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoc Construction Co's current Receivables Turnover is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoc Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoc Construction Co (TSE:1929) is currently considered Fairly Valued. The stock's GF Value™ is 円1,291.93, compared to a current price of 円1,241.00 — trading 3.9% below its estimated fair value. The current Receivables Turnover is 0.83 and 82.7% below the Construction industry median of 4.81. Nittoc Construction Co's overall GF Score™ is 75/100 with 2 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 Nittoc Construction Co (TSE:1929), the current Receivables Turnover is 0.83 as of Jun. 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 Nittoc Construction Co (TSE:1929) Overvalued in 2026?
Based on GuruFocus' analysis, Nittoc Construction Co stock appears to be undervalued.
The current stock price of 円1,241.00 is trading 3.9% below its estimated GF Value™ of 円1,291.93.
GuruFocus considers Nittoc Construction Co to be Fairly Valued.
Key valuation signals for TSE:1929:
Receivables Turnover: 0.83
GF Value™: 円1,291.93 vs. price of 円1,241.00 (3.9% below fair value)
Industry Position: 82.7% below the Construction median (#970 of 1771)
No single metric tells the full story. See the TSE:1929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nittoc Construction Co Ltd is engaged in the construction business as well as several other business activities such as sales of merchandise and materials. Its services include Revegetation Works, Temporary Anchoring Works, Riverbank and Shoreline Embankment Protection, Slope Stabilization and Vegetation Works, Slope Protection, Landslide Mitigation Works, Rock Slope Failure Prevention, Ground Anchors and Anchored Systems, Retaining Walls Construction, and Structural Diagnostics.
75GF Score
Get the complete analysis for TSE:1929
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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