Ocean System (TSE:3096) Receivables Turnover: 14.30 (As of Mar. 2026)

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TSE:3096 Ocean System Corp TSE:3096
81 GF Score
Price 円1,602.00
GF Value 円1,300.64
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Ocean System Receivables Turnover?

Ocean System TSE:3096 -0.56% 81 Receivables Turnover is 14.30 as of Mar. 2026. GuruFocus rates TSE:3096 with a GF Score™ of 81/100 and a GF Value™ of 円1,300.64 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 301 Retail - Defensive companies, Ocean System ranks better than 62.79% 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. Ocean System's Revenue for the six months ended in Mar. 2026 was 円48,717 Mil. Ocean System's average Accounts Receivable for the six months ended in Mar. 2026 was 円3,407 Mil. Hence, Ocean System's Receivables Turnover for the six months ended in Mar. 2026 was 14.30.


Ocean System  (TSE:3096) 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.


Ocean System Receivables Turnover Related Terms


Ocean System Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ocean System'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.

Ocean System Receivables Turnover Chart

Ocean System 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 34.82 30.94 30.54 27.76 27.45

Ocean System 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 15.10 14.78 14.53 14.00 14.30

TSE:3096 vs KR: Receivables Turnover Comparison

For the Grocery Stores subindustry, Ocean System'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.


Ocean System Receivables Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocean System's Receivables Turnover distribution charts can be found below:

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


TSE:3096
81GF Score
Ocean System Corp TSE:3096
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean System Receivables Turnover Calculation

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

Ocean System'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 )
=96055.11 / ((3473.925 + 3525.057) / 2 )
=96055.11 / 3499.491
=27.45

Ocean System'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 )
=48716.763 / ((3289.561 + 3525.057) / 2 )
=48716.763 / 3407.309
=14.30

* 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 14.30 mean?
Ocean System (TSE:3096) has a Receivables Turnover of 14.30 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 Ocean System and its competitors. According to the industry distribution chart, Ocean System ranks #112 out of 301 companies in the Retail - Defensive industry, placing it in the top 37.2%.
Is Ocean System's Receivables Turnover too high?
Ocean System's current Receivables Turnover is 14.30. The Retail - Defensive industry median Receivables Turnover is 17.17. Ocean System's value of 14.30 is 16.7% below this industry median. Based on the distribution chart, Ocean System ranks #112 out of 301 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Ocean System has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean System's Receivables Turnover compare to KR?
According to the Retail - Defensive industry distribution chart, Ocean System ranks #112 out of 301 companies for Receivables Turnover. This puts Ocean System in the upper half of its industry. The industry median Receivables Turnover is 17.17. Ocean System's value of 14.30 is 16.7% 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 Retail - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 17.17, based on 301 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. Ocean System's current Receivables Turnover of 14.30 is 16.7% 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 Ocean System and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 17.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean System's current Receivables Turnover is 14.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean System stock overvalued right now?
Based on GuruFocus' analysis, Ocean System (TSE:3096) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,300.64, compared to a current price of 円1,602.00 — trading 23.2% above its estimated fair value. The current Receivables Turnover is 14.30 and 16.7% below the Retail - Defensive industry median of 17.17. Ocean System's overall GF Score™ is 81/100 with 3 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 Ocean System (TSE:3096), the current Receivables Turnover is 14.30 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 Ocean System (TSE:3096) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean System stock appears to be overvalued. The current stock price of 円1,602.00 is trading 23.2% above its estimated GF Value™ of 円1,300.64. GuruFocus considers Ocean System to be Modestly Overvalued.

Key valuation signals for TSE:3096:

  • Receivables Turnover: 14.30
  • GF Value™: 円1,300.64 vs. price of 円1,602.00 (23.2% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 16.7% below the Retail - Defensive median (#112 of 301)

No single metric tells the full story. See the TSE:3096 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean System Business Description

Address 2-26-57 Nishihonjoji, Niigata Prefecture, Sanjo, JPN, 955-0845
Ocean System Corp is a Japan-based company engages in the supermarket, lunch service, foodstuff delivery, and contract management of dining hall and food service businesses. The company's segment includes Supermarket Business, Gyomu Supermarket Business, Lunch box meal business, Food delivery business, and Hotels and other businesses. The company generates key revenue from the Gyomu Supermarket Business.
81GF Score

Get the complete analysis for TSE:3096

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

円1,602.00
Price
円1,300.64
GF Value