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Interspace Co (TSE:2122) Receivables Turnover : 0.56 (As of Mar. 2024)


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What is Interspace 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. Interspace Co's Revenue for the three months ended in Mar. 2024 was 円2,163 Mil. Interspace Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円3,862 Mil. Hence, Interspace Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.56.


Interspace Co Receivables Turnover Historical Data

The historical data trend for Interspace 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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Interspace Co Receivables Turnover Chart

Interspace Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 8.37 7.59 2.09 2.02

Interspace Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 0.50 0.51 0.51 0.56

Competitive Comparison of Interspace Co's Receivables Turnover

For the Advertising Agencies subindustry, Interspace 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.


Interspace Co's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Interspace Co's Receivables Turnover distribution charts can be found below:

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



Interspace Co Receivables Turnover Calculation

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

Interspace Co's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=7284.721 / ((3718.405 + 3505.751) / 2 )
=7284.721 / 3612.078
=2.02

Interspace Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2163.248 / ((3676.648 + 4046.544) / 2 )
=2163.248 / 3861.596
=0.56

* 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.


Interspace Co  (TSE:2122) 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.


Interspace Co Receivables Turnover Related Terms

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Interspace Co (TSE:2122) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1 Nishishinjuku, 8th Floor Shinjuku NS Building, Shinjuku-ku, Tokyo, JPN, 163-0808
Interspace Co Ltd is engaged in Internet-based business. The company offers Internet marketing solutions through affiliate program services. The company operates online media contents in fortune-telling, professional baseball player's fun site, and child caring site for young mothers; and offers search engine optimization services. The company also operates a price comparison website. The company also provides consulting services for Merchant and partners.

Interspace Co (TSE:2122) Headlines

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