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AI Fusion Capital Group (TSE:254A) Receivables Turnover : 8.36 (As of Mar. 2024)


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What is AI Fusion Capital Group 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. AI Fusion Capital Group's Revenue for the three months ended in Mar. 2024 was 円138.0 Mil. AI Fusion Capital Group's average Accounts Receivable for the three months ended in Mar. 2024 was 円16.5 Mil. Hence, AI Fusion Capital Group's Receivables Turnover for the three months ended in Mar. 2024 was 8.36.


AI Fusion Capital Group Receivables Turnover Historical Data

The historical data trend for AI Fusion Capital Group'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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AI Fusion Capital Group Receivables Turnover Chart

AI Fusion Capital Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.10 6.35 112.40 48.38

AI Fusion Capital Group 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 17.53 14.75 16.53 10.24 8.36

Competitive Comparison of AI Fusion Capital Group's Receivables Turnover

For the Asset Management subindustry, AI Fusion Capital Group'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.


AI Fusion Capital Group's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AI Fusion Capital Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AI Fusion Capital Group's Receivables Turnover falls into.


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AI Fusion Capital Group Receivables Turnover Calculation

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

AI Fusion Capital Group's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=508 / ((7 + 14) / 2 )
=508 / 10.5
=48.38

AI Fusion Capital Group'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 )
=138 / ((19 + 14) / 2 )
=138 / 16.5
=8.36

* 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.


AI Fusion Capital Group  (TSE:254A) 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.


AI Fusion Capital Group Receivables Turnover Related Terms

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AI Fusion Capital Group Business Description

Traded in Other Exchanges
N/A
Address
NEWOTANI GARDEN COURT, 4-1, Kioicho, Chiyoda-ku, Tokyo, JPN, 102-0094
AI Fusion Capital Group Corp is engaged in Management of group companies that invest in venture companies, form investment partnerships, and manage and operate them, as well as other related business.

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