Meiji Holdings Co (TSE:2269) Receivables Turnover: 1.35 (As of Mar. 2026)

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TSE:2269 Meiji Holdings Co Ltd TSE:2269
66 GF Score
Price 円3,789.00
GF Value 円3,767.85
Valuation Fairly Valued
! 9 Warning Signs
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What is Meiji Holdings Co Receivables Turnover?

Meiji Holdings Co TSE:2269 -4.03% 66 Receivables Turnover is 1.35 as of Mar. 2026. GuruFocus rates TSE:2269 with a GF Score™ of 66/100 and a GF Value™ of 円3,767.85 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, Meiji Holdings Co ranks worse than 76.75% 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. Meiji Holdings Co's Revenue for the three months ended in Mar. 2026 was 円291,361 Mil. Meiji Holdings Co's average Accounts Receivable for the three months ended in Mar. 2026 was 円216,061 Mil. Hence, Meiji Holdings Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.35.


Meiji Holdings Co  (TSE:2269) 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.


Meiji Holdings Co Receivables Turnover Related Terms


Meiji Holdings Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Meiji Holdings 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.

Meiji Holdings Co Receivables Turnover Chart

Meiji Holdings Co 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 5.76 6.12 5.89 5.89 6.09

Meiji Holdings Co 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 1.32 1.49 1.57 1.39 1.35

TSE:2269 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Meiji Holdings 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.


Meiji Holdings Co Receivables Turnover vs Consumer Packaged Goods Industry

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

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


TSE:2269
66GF Score
Meiji Holdings Co Ltd TSE:2269
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiji Holdings Co Receivables Turnover Calculation

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

Meiji Holdings Co'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 )
=1173688 / ((189533 + 195682) / 2 )
=1173688 / 192607.5
=6.09

Meiji Holdings Co'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 )
=291361 / ((236439 + 195682) / 2 )
=291361 / 216060.5
=1.35

* 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 1.35 mean?
Meiji Holdings Co (TSE:2269) has a Receivables Turnover of 1.35 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 Meiji Holdings Co and its competitors. According to the industry distribution chart, Meiji Holdings Co ranks #1492 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 76.7%.
Is Meiji Holdings Co's Receivables Turnover too high?
Meiji Holdings Co's current Receivables Turnover is 1.35. The Consumer Packaged Goods industry median Receivables Turnover is 9.34. Meiji Holdings Co's value of 1.35 is 85.5% below this industry median. Based on the distribution chart, Meiji Holdings Co ranks #1492 out of 1944 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Meiji Holdings Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Meiji Holdings Co ranks #1492 out of 1944 companies for Receivables Turnover. This places Meiji Holdings Co in the lower half of its industry. The industry median Receivables Turnover is 9.34. Meiji Holdings Co's value of 1.35 is 85.5% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.34, based on 1,944 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. Meiji Holdings Co's current Receivables Turnover of 1.35 is 85.5% 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 Meiji Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Holdings Co's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,767.85, compared to a current price of 円3,789.00 — trading 0.6% above its estimated fair value. The current Receivables Turnover is 1.35 and 85.5% below the Consumer Packaged Goods industry median of 9.34. Meiji Holdings Co's overall GF Score™ is 66/100 with 9 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 Meiji Holdings Co (TSE:2269), the current Receivables Turnover is 1.35 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be overvalued. The current stock price of 円3,789.00 is trading 0.6% above its estimated GF Value™ of 円3,767.85. GuruFocus considers Meiji Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2269:

  • Receivables Turnover: 1.35
  • GF Value™: 円3,767.85 vs. price of 円3,789.00 (0.6% above fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 85.5% below the Consumer Packaged Goods median (#1492 of 1944)

No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Holdings Co Business Description

Other Exchanges MEJHY:USA3M0:Germany
Address 2-4-16 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
66GF Score

Get the complete analysis for TSE:2269

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

円3,789.00
Price
円3,767.85
GF Value