NittoBest (TSE:2877) Receivables Turnover: 2.85 (As of Mar. 2026)

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TSE:2877 NittoBest Corp TSE:2877
55 GF Score
Price 円740.00
GF Value 円846.74
Valuation Modestly Undervalued
! 4 Warning Signs
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What is NittoBest Receivables Turnover?

NittoBest TSE:2877 -0.27% 55 Receivables Turnover is 2.85 as of Mar. 2026. GuruFocus rates TSE:2877 with a GF Score™ of 55/100 and a GF Value™ of 円846.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, NittoBest ranks worse than 78.81% on this metric.

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. NittoBest's Revenue for the six months ended in Mar. 2026 was 円29,233 Mil. NittoBest's average Accounts Receivable for the six months ended in Mar. 2026 was 円10,258 Mil. Hence, NittoBest's Receivables Turnover for the six months ended in Mar. 2026 was 2.85.


NittoBest  (TSE:2877) 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.


NittoBest Receivables Turnover Related Terms


NittoBest Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NittoBest'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.

NittoBest Receivables Turnover Chart

NittoBest Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 5.18 5.07 5.13 5.45

NittoBest Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.51 2.55 2.75 2.75 2.85

TSE:2877 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, NittoBest'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.


NittoBest Receivables Turnover vs Consumer Packaged Goods Industry

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

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


TSE:2877
55GF Score
NittoBest Corp TSE:2877
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NittoBest Receivables Turnover Calculation

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

NittoBest's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=57492.655 / ((10556.943 + 10543.05) / 2 )
=57492.655 / 10549.9965
=5.45

NittoBest's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=29232.566 / ((9973.587 + 10543.05) / 2 )
=29232.566 / 10258.3185
=2.85

* 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 2.85 mean?
NittoBest (TSE:2877) has a Receivables Turnover of 2.85 as of Mar. 2026. 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 NittoBest and its competitors. According to the industry distribution chart, NittoBest ranks #1532 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 78.8%.
Is NittoBest's Receivables Turnover too high?
NittoBest's current Receivables Turnover is 2.85. The Consumer Packaged Goods industry median Receivables Turnover is 9.34. NittoBest's value of 2.85 is 69.5% below this industry median. Based on the distribution chart, NittoBest ranks #1532 out of 1944 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, NittoBest has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NittoBest's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NittoBest ranks #1532 out of 1944 companies for Receivables Turnover. This places NittoBest in the lower half of its industry. The industry median Receivables Turnover is 9.34. NittoBest's value of 2.85 is 69.5% below 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.34, based on 1,944 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. NittoBest's current Receivables Turnover of 2.85 is 69.5% below 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 NittoBest and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NittoBest's current Receivables Turnover is 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NittoBest stock overvalued right now?
Based on GuruFocus' analysis, NittoBest (TSE:2877) is currently considered Modestly Undervalued. The stock's GF Value™ is 円846.74, compared to a current price of 円740.00 — trading 12.6% below its estimated fair value. The current Receivables Turnover is 2.85 and 69.5% below the Consumer Packaged Goods industry median of 9.34. NittoBest's overall GF Score™ is 55/100 with 4 warning signs 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 NittoBest (TSE:2877), the current Receivables Turnover is 2.85 as of Mar. 2026. 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.

Is NittoBest (TSE:2877) Overvalued in 2026?

Based on GuruFocus' analysis, NittoBest stock appears to be undervalued. The current stock price of 円740.00 is trading 12.6% below its estimated GF Value™ of 円846.74. GuruFocus considers NittoBest to be Modestly Undervalued.

Key valuation signals for TSE:2877:

  • Receivables Turnover: 2.85
  • GF Value™: 円846.74 vs. price of 円740.00 (12.6% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 69.5% below the Consumer Packaged Goods median (#1532 of 1944)

No single metric tells the full story. See the TSE:2877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NittoBest Business Description

Address 4-27 Saiwaicho, Yamagata Prefecture, Sagae, JPN, 991-8610
NittoBest Corp is engaged in the manufacture and sale of frozen foods, daily necessities, canned foods, bagged foods, chilled foods, retort foods and others.
55GF Score

Get the complete analysis for TSE:2877

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

円740.00
Price
円846.74
GF Value