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Kadoya Sesame Mills (TSE:2612) Receivables Turnover : 1.03 (As of Dec. 2023)


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What is Kadoya Sesame Mills 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. Kadoya Sesame Mills's Revenue for the three months ended in Dec. 2023 was 円9,059 Mil. Kadoya Sesame Mills's average Accounts Receivable for the three months ended in Dec. 2023 was 円8,797 Mil. Hence, Kadoya Sesame Mills's Receivables Turnover for the three months ended in Dec. 2023 was 1.03.


Kadoya Sesame Mills Receivables Turnover Historical Data

The historical data trend for Kadoya Sesame Mills'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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Kadoya Sesame Mills Receivables Turnover Chart

Kadoya Sesame Mills Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.57 4.66 4.38 4.33 4.38

Kadoya Sesame Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.09 1.02 1.10 1.13 1.03

Competitive Comparison of Kadoya Sesame Mills's Receivables Turnover

For the Packaged Foods subindustry, Kadoya Sesame Mills'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.


Kadoya Sesame Mills's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kadoya Sesame Mills's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kadoya Sesame Mills's Receivables Turnover falls into.



Kadoya Sesame Mills Receivables Turnover Calculation

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

Kadoya Sesame Mills's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=33690 / ((7341 + 8055) / 2 )
=33690 / 7698
=4.38

Kadoya Sesame Mills's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=9059 / ((8788 + 8805) / 2 )
=9059 / 8796.5
=1.03

* 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.


Kadoya Sesame Mills  (TSE:2612) 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.


Kadoya Sesame Mills Receivables Turnover Related Terms

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Kadoya Sesame Mills (TSE:2612) Business Description

Traded in Other Exchanges
N/A
Address
8-2-8, Nishi-Gotanda, Tokyo, JPN
Kadoya Sesame Mills Inc is a Japanese company engaged in manufacturing and selling sesame oil in Japan. The product portfolio of the company includes pure sesame oil, hot sesame oil and roasted sesame seeds. It also offers sesame paste as well as sesame seed meal. The organization sells its products in Japan and other countries.

Kadoya Sesame Mills (TSE:2612) Headlines

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