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Mitsui DM Sugar Co (TSE:2109) Receivables Turnover : 2.93 (As of Dec. 2024)


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What is Mitsui DM Sugar 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. Mitsui DM Sugar Co's Revenue for the three months ended in Dec. 2024 was 円48,915 Mil. Mitsui DM Sugar Co's average Accounts Receivable for the three months ended in Dec. 2024 was 円16,690 Mil. Hence, Mitsui DM Sugar Co's Receivables Turnover for the three months ended in Dec. 2024 was 2.93.


Mitsui DM Sugar Co Receivables Turnover Historical Data

The historical data trend for Mitsui DM Sugar 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.

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Mitsui DM Sugar Co Receivables Turnover Chart

Mitsui DM Sugar Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.61 13.53 12.11 10.75 11.50

Mitsui DM Sugar Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.35 2.61 2.84 2.93 2.60

Competitive Comparison of Mitsui DM Sugar Co's Receivables Turnover

For the Confectioners subindustry, Mitsui DM Sugar 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.


Mitsui DM Sugar Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mitsui DM Sugar Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mitsui DM Sugar Co's Receivables Turnover falls into.


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Mitsui DM Sugar Co Receivables Turnover Calculation

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

Mitsui DM Sugar Co's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=178785 / ((17178 + 13919) / 2 )
=178785 / 15548.5
=11.50

Mitsui DM Sugar Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=48915 / ((15204 + 18175) / 2 )
=48915 / 16689.5
=2.93

* 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.


Mitsui DM Sugar Co  (TSE:2109) 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.


Mitsui DM Sugar Co Receivables Turnover Related Terms

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Mitsui DM Sugar Co Business Description

Traded in Other Exchanges
N/A
Address
26-16 Shiba 5-chome, Mita S-Garden, Minato-ku, Tokyo, JPN, 108-0014
Mitsui DM Sugar Co Ltd is in the business of manufacturing and selling raw sugar and its products, food science, and real estate. The company manufactures and promotes its products under the brand name of Spoon brand. Its products include home use products, business use products, tabletop products, alternative sweeteners.

Mitsui DM Sugar Co Headlines

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