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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. Choei's Revenue for the
six
months ended in Mar. 2026 was 円5,752 Mil. Choei's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円291 Mil.
Hence, Choei's Receivables Turnover for the
six
months ended in Mar. 2026 was 19.79.
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.
Choei Receivables Turnover Related Terms
Choei Receivables Turnover Historical Data
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The historical data trend for Choei'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:2993 vs CBRE, BEKE, JLL: Receivables Turnover Comparison
For the Real Estate Services subindustry, Choei'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.
Choei Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Choei's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Choei'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.
Choei (TSE:2993) has a Receivables Turnover of 19.79 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 Choei and its competitors. According to the industry distribution chart, Choei ranks #406 out of 1667 companies in the Real Estate industry, placing it in the top 24.4%.
Is Choei's Receivables Turnover too high?
Choei's current Receivables Turnover is 19.79. The Real Estate industry median Receivables Turnover is 10.56. Choei's value of 19.79 is 87.4% above this industry median. Based on the distribution chart, Choei ranks #406 out of 1667 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Choei has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Choei ranks #406 out of 1667 companies for Receivables Turnover. This places Choei in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.56. Choei's value of 19.79 is 87.4% above 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.56, based on 1,667 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. Choei's current Receivables Turnover of 19.79 is 87.4% above 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 Choei and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choei's current Receivables Turnover is 19.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choei stock overvalued right now?
Based on GuruFocus' analysis, Choei (TSE:2993) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,482.32, compared to a current price of 円2,150.00 — trading 13.4% below its estimated fair value. The current Receivables Turnover is 19.79 and 87.4% above the Real Estate industry median of 10.56. Choei's overall GF Score™ is 64/100 with 6 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 Choei (TSE:2993), the current Receivables Turnover is 19.79 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 Choei (TSE:2993) Overvalued in 2026?
Based on GuruFocus' analysis, Choei stock appears to be undervalued.
The current stock price of 円2,150.00 is trading 13.4% below its estimated GF Value™ of 円2,482.32.
GuruFocus considers Choei to be Modestly Undervalued.
Key valuation signals for TSE:2993:
Receivables Turnover: 19.79
GF Value™: 円2,482.32 vs. price of 円2,150.00 (13.4% below fair value)
Industry Position: 87.4% above the Real Estate median (#406 of 1667)
No single metric tells the full story. See the TSE:2993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choei Inc is engaged in the real estate management and real estate rental businesses. The real estate management business provides necessary services for rental property management, such as building maintenance, renovation work, and rental brokerage (leasing), in addition to tenant management, and the real estate rental business mainly handles the rental of its properties and subleased properties. The company's reportable segments are Property Rental Business, which generates the maximum revenue, and the Property Management Business.
64GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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