Creal (TSE:2998) Receivables Turnover: 20.92 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2998 Creal Inc TSE:2998
69 GF Score
Price 円491.00
GF Value 円1,103.85
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Creal Receivables Turnover?

Creal TSE:2998 +2.72% 69 Receivables Turnover is 20.92 as of Mar. 2026. GuruFocus rates TSE:2998 with a GF Score™ of 69/100 and a GF Value™ of 円1,103.85 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 533 Asset Management companies, Creal ranks better than 95.5% 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. Creal's Revenue for the three months ended in Mar. 2026 was 円8,210 Mil. Creal's average Accounts Receivable for the three months ended in Mar. 2026 was 円393 Mil. Hence, Creal's Receivables Turnover for the three months ended in Mar. 2026 was 20.92.


Creal  (TSE:2998) 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.


Creal Receivables Turnover Related Terms


Creal Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Creal'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.

Creal Receivables Turnover Chart

Creal Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 369.54 893.03 838.19 677.75 103.44

Creal Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 98.08 55.93 91.68 20.92

TSE:2998 vs BLK, BX, KKR: Receivables Turnover Comparison

For the Asset Management subindustry, Creal'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.


Creal Receivables Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Creal's Receivables Turnover distribution charts can be found below:

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


TSE:2998
69GF Score
Creal Inc TSE:2998
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Creal Receivables Turnover Calculation

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

Creal'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 )
=37795.04 / ((94.78 + 635.951) / 2 )
=37795.04 / 365.3655
=103.44

Creal'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=8210.19 / ((149.102 + 635.951) / 2 )
=8210.19 / 392.5265
=20.92

* 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 20.92 mean?
Creal (TSE:2998) has a Receivables Turnover of 20.92 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 Creal and its competitors. According to the industry distribution chart, Creal ranks #24 out of 533 companies in the Asset Management industry, placing it in the top 4.5%.
Is Creal's Receivables Turnover too high?
Creal's current Receivables Turnover is 20.92. The Asset Management industry median Receivables Turnover is 7.97. Creal's value of 20.92 is 162.5% above this industry median. Based on the distribution chart, Creal ranks #24 out of 533 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Creal has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Creal's Receivables Turnover compare to BLK and BX?
According to the Asset Management industry distribution chart, Creal ranks #24 out of 533 companies for Receivables Turnover. This places Creal in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.97. Creal's value of 20.92 is 162.5% 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 an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.97, based on 533 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. Creal's current Receivables Turnover of 20.92 is 162.5% 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 Creal and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Creal's current Receivables Turnover is 20.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creal stock overvalued right now?
Based on GuruFocus' analysis, Creal (TSE:2998) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,103.85, compared to a current price of 円491.00 — trading 55.5% below its estimated fair value. The current Receivables Turnover is 20.92 and 162.5% above the Asset Management industry median of 7.97. Creal's overall GF Score™ is 69/100 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 Creal (TSE:2998), the current Receivables Turnover is 20.92 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 Creal (TSE:2998) Overvalued in 2026?

Based on GuruFocus' analysis, Creal stock appears to be undervalued. The current stock price of 円491.00 is trading 55.5% below its estimated GF Value™ of 円1,103.85. GuruFocus considers Creal to be Possible Value Trap.

Key valuation signals for TSE:2998:

  • Receivables Turnover: 20.92
  • GF Value™: 円1,103.85 vs. price of 円491.00 (55.5% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 162.5% above the Asset Management median (#24 of 533)

No single metric tells the full story. See the TSE:2998 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Creal Business Description

Address 12-11 Shinbashi 2-chome, 8th floor, Shinbashi 27MT Building, Minato-ku, Tokyo, JPN, 105-0004
Creal Inc is engaged in Asset management platform business, Real estate fund online market CREAL, Real estate investment management service for individuals CREAL PB, and Asset management service for institutional investors and the ultra-high net worth individuals CREAL PRO.
69GF Score

Get the complete analysis for TSE:2998

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

円491.00
Price
円1,103.85
GF Value