GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yutaka Foods Corp (TSE:2806) » Definitions » Receivables Turnover

Yutaka Foods (TSE:2806) Receivables Turnover : 1.96 (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Yutaka Foods 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. Yutaka Foods's Revenue for the three months ended in Dec. 2023 was 円3,587 Mil. Yutaka Foods's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,829 Mil. Hence, Yutaka Foods's Receivables Turnover for the three months ended in Dec. 2023 was 1.96.


Yutaka Foods Receivables Turnover Historical Data

The historical data trend for Yutaka Foods'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.

* Premium members only.

Yutaka Foods Receivables Turnover Chart

Yutaka Foods 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 9.36 7.10 7.03 6.88 7.62

Yutaka Foods 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 1.96 1.93 2.05 1.96 1.88

Competitive Comparison of Yutaka Foods's Receivables Turnover

For the Packaged Foods subindustry, Yutaka Foods'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.


Yutaka Foods's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Yutaka Foods's Receivables Turnover falls into.



Yutaka Foods Receivables Turnover Calculation

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

Yutaka Foods'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 )
=13804 / ((1825 + 1797) / 2 )
=13804 / 1811
=7.62

Yutaka Foods'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 )
=3587 / ((1817 + 1840) / 2 )
=3587 / 1828.5
=1.96

* 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.


Yutaka Foods  (TSE:2806) 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.


Yutaka Foods Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Yutaka Foods's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Yutaka Foods (TSE:2806) Business Description

Traded in Other Exchanges
N/A
Address
1 at address 34, Aichi Prefecture, Kawawaki, Taketoyo, JPN, 470-2395
Yutaka Foods Corp manufactures and sells food products. It operates in four business segments namely liquid seasoning product segment, powder food product segment, chilled food product segment & the instant noodle segment.

Yutaka Foods (TSE:2806) Headlines

No Headlines