Wedge Co (TSE:252A) Receivables Turnover: 5.91 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:252A Wedge Co Ltd TSE:252A
12 GF Score
Price 円2,566.00
! 1 Warning Sign
View Full Analysis

What is Wedge Co Receivables Turnover?

Wedge Co TSE:252A 12 Receivables Turnover is 5.91 as of Dec. 2025. GuruFocus rates TSE:252A with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

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. Wedge Co's Revenue for the six months ended in Dec. 2025 was 円1,212 Mil. Wedge Co's average Accounts Receivable for the six months ended in Dec. 2025 was 円205 Mil. Hence, Wedge Co's Receivables Turnover for the six months ended in Dec. 2025 was 5.91.


Wedge Co  (TSE:252A) 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.


Wedge Co Receivables Turnover Related Terms


Wedge Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Wedge 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.

Wedge Co Receivables Turnover Chart

Wedge Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Receivables Turnover
12.69 11.05 10.25 10.57

Wedge Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial 0.00 5.43 5.30 5.42 5.91

TSE:252A vs : Receivables Turnover Comparison

For the Communication Equipment subindustry, Wedge 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.


Wedge Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Wedge Co's Receivables Turnover distribution charts can be found below:

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


TSE:252A
12GF Score
Wedge Co Ltd TSE:252A
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wedge Co Receivables Turnover Calculation

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

Wedge Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=2397.244 / ((240.667 + 213.132) / 2 )
=2397.244 / 226.8995
=10.57

Wedge Co's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=1212.116 / ((196.99 + 213.132) / 2 )
=1212.116 / 205.061
=5.91

* 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 5.91 mean?
Wedge Co (TSE:252A) has a Receivables Turnover of 5.91 as of Dec. 2025. 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 Wedge Co and its competitors.
Is Wedge Co's Receivables Turnover too high?
Wedge Co's current Receivables Turnover is 5.91. The Hardware industry median Receivables Turnover is 4.94. Wedge Co's value of 5.91 is 19.6% above this industry median. Overall, Wedge Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wedge Co's Receivables Turnover compare to ?
Wedge Co's Receivables Turnover of 5.91 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.94. Wedge Co's value of 5.91 is 19.6% above 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.94, based on 2,467 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. Wedge Co's current Receivables Turnover of 5.91 is 19.6% above 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 Wedge Co and its competitors. For the Hardware industry, the median Receivables Turnover is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Co's current Receivables Turnover is 5.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Co stock overvalued right now?
Wedge Co (TSE:252A) has a current Receivables Turnover of 5.91. The current Receivables Turnover is 5.91 and 19.6% above the Hardware industry median of 4.94. Wedge Co's overall GF Score™ is 12/100 with 1 warning sign 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 Wedge Co (TSE:252A), the current Receivables Turnover is 5.91 as of Dec. 2025. 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.

Wedge Co Business Description

Comparable Companies
Address 2 Kisshoin Shimizu-cho, Minami-ku, Kyoto Prefecture, Kyoto, JPN, 601-8329
Wedge Co Ltd is engaged in the Design, development, sales, maintenance, management, and rental and leasing of wireless communication devices. Its products include Digital simple radio registration stations, Specific low-power transceivers, repeaters, Business radios, Earphones, Microphones, chargers, Battery clips, Storage cases, antennas, GPs and others.
12GF Score

Get the complete analysis for TSE:252A

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

円2,566.00
Price