Sato Foods Co (TSE:2923) Receivables Turnover: 2.63 (As of Apr. 2026)

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TSE:2923 Sato Foods Co Ltd TSE:2923
69 GF Score
Price 円8,230.00
GF Value 円8,323.23
Valuation Fairly Valued
! 5 Warning Signs
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What is Sato Foods Co Receivables Turnover?

Sato Foods Co TSE:2923 +0.24% 69 Receivables Turnover is 2.63 as of Apr. 2026. GuruFocus rates TSE:2923 with a GF Score™ of 69/100 and a GF Value™ of 円8,323.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, Sato Foods Co ranks worse than 85.49% 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. Sato Foods Co's Revenue for the six months ended in Apr. 2026 was 円31,295 Mil. Sato Foods Co's average Accounts Receivable for the six months ended in Apr. 2026 was 円11,903 Mil. Hence, Sato Foods Co's Receivables Turnover for the six months ended in Apr. 2026 was 2.63.


Sato Foods Co  (TSE:2923) 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.


Sato Foods Co Receivables Turnover Related Terms


Sato Foods Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sato Foods Co'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.

Sato Foods Co Receivables Turnover Chart

Sato Foods Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 4.92 5.21 4.97 4.78

Sato Foods Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 2.80 1.96 2.72 1.83 2.63

TSE:2923 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Sato Foods Co'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.


Sato Foods Co Receivables Turnover vs Consumer Packaged Goods Industry

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

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


TSE:2923
69GF Score
Sato Foods Co Ltd TSE:2923
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sato Foods Co Receivables Turnover Calculation

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

Sato Foods Co's Receivables Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Receivables Turnover (A: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Apr. 2026 ) / ((Accounts Receivable (A: Apr. 2025 ) + Accounts Receivable (A: Apr. 2026 )) / count )
=51775.084 / ((10110.347 + 11574.834) / 2 )
=51775.084 / 10842.5905
=4.78

Sato Foods Co's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Oct. 2025 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=31295.054 / ((12230.467 + 11574.834) / 2 )
=31295.054 / 11902.6505
=2.63

* 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 2.63 mean?
Sato Foods Co (TSE:2923) has a Receivables Turnover of 2.63 as of Apr. 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 Sato Foods Co and its competitors. According to the industry distribution chart, Sato Foods Co ranks #1662 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 85.5%.
Is Sato Foods Co's Receivables Turnover too high?
Sato Foods Co's current Receivables Turnover is 2.63. The Consumer Packaged Goods industry median Receivables Turnover is 9.38. Sato Foods Co's value of 2.63 is 71.9% below this industry median. Based on the distribution chart, Sato Foods Co ranks #1662 out of 1944 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Sato Foods Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Co's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Co ranks #1662 out of 1944 companies for Receivables Turnover. This places Sato Foods Co in the lower half of its industry. The industry median Receivables Turnover is 9.38. Sato Foods Co's value of 2.63 is 71.9% 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 9.38, 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. Sato Foods Co's current Receivables Turnover of 2.63 is 71.9% 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 Sato Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Co's current Receivables Turnover is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Fairly Valued. The stock's GF Value™ is 円8,323.23, compared to a current price of 円8,230.00 — trading 1.1% below its estimated fair value. The current Receivables Turnover is 2.63 and 71.9% below the Consumer Packaged Goods industry median of 9.38. Sato Foods Co's overall GF Score™ is 69/100 with 5 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 Sato Foods Co (TSE:2923), the current Receivables Turnover is 2.63 as of Apr. 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 Sato Foods Co (TSE:2923) Overvalued in 2026?

Based on GuruFocus' analysis, Sato Foods Co stock appears to be undervalued. The current stock price of 円8,230.00 is trading 1.1% below its estimated GF Value™ of 円8,323.23. GuruFocus considers Sato Foods Co to be Fairly Valued.

Key valuation signals for TSE:2923:

  • Receivables Turnover: 2.63
  • GF Value™: 円8,323.23 vs. price of 円8,230.00 (1.1% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 71.9% below the Consumer Packaged Goods median (#1662 of 1944)

No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sato Foods Co Business Description

Address 13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.
69GF Score

Get the complete analysis for TSE:2923

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

円8,230.00
Price
円8,323.23
GF Value