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Ebara Foods Industry (TSE:2819) Receivables Turnover : 1.02 (As of Dec. 2023)


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What is Ebara Foods Industry 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. Ebara Foods Industry's Revenue for the three months ended in Dec. 2023 was 円13,093 Mil. Ebara Foods Industry's average Accounts Receivable for the three months ended in Dec. 2023 was 円12,810 Mil. Hence, Ebara Foods Industry's Receivables Turnover for the three months ended in Dec. 2023 was 1.02.


Ebara Foods Industry Receivables Turnover Historical Data

The historical data trend for Ebara Foods Industry'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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Ebara Foods Industry Receivables Turnover Chart

Ebara Foods Industry 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 5.40 5.85 6.57 5.81 5.88

Ebara Foods Industry 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 1.16 0.87 1.42 1.15 1.02

Competitive Comparison of Ebara Foods Industry's Receivables Turnover

For the Packaged Foods subindustry, Ebara Foods Industry'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.


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

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

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



Ebara Foods Industry Receivables Turnover Calculation

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

Ebara Foods Industry'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 )
=43419 / ((7277 + 7501) / 2 )
=43419 / 7389
=5.88

Ebara Foods Industry'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 )
=13093 / ((11528 + 14092) / 2 )
=13093 / 12810
=1.02

* 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.


Ebara Foods Industry  (TSE:2819) 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.


Ebara Foods Industry Receivables Turnover Related Terms

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Ebara Foods Industry (TSE:2819) Business Description

Traded in Other Exchanges
N/A
Address
Nishi 4-chome No. 4 No. 5 Yokohama eye mark, Minato Mirai, Yubinbango, Yokohama, JPN, 220-0012
Ebara Foods Industry Inc is engaged in the manufacture and sale of food seasoning products in Japan. The company's product profile includes meat dishes, grilled meat sauce, sweet potato sauce, braised pepper sauce, and others.

Ebara Foods Industry (TSE:2819) Headlines

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