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NitchoTSE:2961 +4.68%69 Receivables Turnover is 1.93 as of Mar. 2026. GuruFocus rates TSE:2961 with a GF Score™ of 69/100 and a GF Value™ of 円924.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,032 Industrial Products companies, Nitcho ranks better than 71.27% 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. Nitcho's Revenue for the
three
months ended in Mar. 2026 was 円6,365 Mil. Nitcho's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円3,299 Mil.
Hence, Nitcho's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.93.
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.
Nitcho Receivables Turnover Related Terms
Nitcho Receivables Turnover Historical Data
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The historical data trend for Nitcho'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.
TSE:2961 vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Nitcho'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.
Nitcho Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitcho's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nitcho's Receivables Turnover falls into.
* 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.
Nitcho (TSE:2961) has a Receivables Turnover of 1.93 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 Nitcho and its competitors. According to the industry distribution chart, Nitcho ranks #871 out of 3032 companies in the Industrial Products industry, placing it in the top 28.7%.
Is Nitcho's Receivables Turnover too high?
Nitcho's current Receivables Turnover is 1.93. The Industrial Products industry median Receivables Turnover is 4.48. Nitcho's value of 1.93 is 56.9% below this industry median. Based on the distribution chart, Nitcho ranks #871 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitcho has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitcho's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nitcho ranks #871 out of 3032 companies for Receivables Turnover. This puts Nitcho in the upper half of its industry. The industry median Receivables Turnover is 4.48. Nitcho's value of 1.93 is 56.9% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.48, based on 3,032 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. Nitcho's current Receivables Turnover of 1.93 is 56.9% 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 Nitcho and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitcho's current Receivables Turnover is 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitcho stock overvalued right now?
Based on GuruFocus' analysis, Nitcho (TSE:2961) is currently considered Significantly Overvalued. The stock's GF Value™ is 円924.27, compared to a current price of 円1,566.00 — trading 69.4% above its estimated fair value. The current Receivables Turnover is 1.93 and 56.9% below the Industrial Products industry median of 4.48. Nitcho's overall GF Score™ is 69/100 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 Nitcho (TSE:2961), the current Receivables Turnover is 1.93 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 Nitcho (TSE:2961) Overvalued in 2026?
Based on GuruFocus' analysis, Nitcho stock appears to be overvalued.
The current stock price of 円1,566.00 is trading 69.4% above its estimated GF Value™ of 円924.27.
GuruFocus considers Nitcho to be Significantly Overvalued.
Key valuation signals for TSE:2961:
Receivables Turnover: 1.93
GF Value™: 円924.27 vs. price of 円1,566.00 (69.4% above fair value)
Industry Position: 56.9% below the Industrial Products median (#871 of 3032)
No single metric tells the full story. See the TSE:2961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitcho Corp develops, manufactures, sells, and repairs kitchen equipment for mass food service facilities that provide meals to a large number of people continuously. Its product portfolio comprises dishwashers, disinfection and storage machines, rotary kettles, rice cookers, steam convection ovens, etc. In addition to providing kitchen equipment, it is also involved in designing, constructing, and providing after-sales services for kitchen systems. The company caters to school lunches, employee and student cafeterias, medical and welfare facilities, and cafeterias.
69GF Score
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