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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. ZEAL Associate's Revenue for the
six
months ended in Feb. 2026 was 円1,595 Mil. ZEAL Associate's average Accounts Receivable for the
six
months ended in Feb. 2026 was 円488 Mil.
Hence, ZEAL Associate's Receivables Turnover for the
six
months ended in Feb. 2026 was 3.27.
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.
ZEAL Associate Receivables Turnover Related Terms
ZEAL Associate Receivables Turnover Historical Data
* Premium members only.
The historical data trend for ZEAL Associate'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.
ZEAL Associate Receivables Turnover Chart
ZEAL Associate Annual Data
Trend
Aug23
Aug24
Aug25
Receivables Turnover
5.60
6.21
5.06
ZEAL Associate Semi-Annual Data
Aug23
Aug24
Feb25
Aug25
Feb26
Receivables Turnover
0.00
0.00
2.81
3.07
3.27
TSE:329A vs HON, MMM: Receivables Turnover Comparison
For the Conglomerates subindustry, ZEAL Associate'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.
ZEAL Associate Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ZEAL Associate's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where ZEAL Associate'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.
ZEAL Associate (TSE:329A) has a Receivables Turnover of 3.27 as of Feb. 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 ZEAL Associate and its competitors.
Is ZEAL Associate's Receivables Turnover too high?
ZEAL Associate's current Receivables Turnover is 3.27. The Conglomerates industry median Receivables Turnover is 6.36. ZEAL Associate's value of 3.27 is 48.5% below this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's Receivables Turnover compare to HON and MMM?
ZEAL Associate's Receivables Turnover of 3.27 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.36. ZEAL Associate's value of 3.27 is 48.5% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.36, based on 532 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. ZEAL Associate's current Receivables Turnover of 3.27 is 48.5% 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 ZEAL Associate and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current Receivables Turnover is 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current Receivables Turnover of 3.27. The current Receivables Turnover is 3.27 and 48.5% below the Conglomerates industry median of 6.36. ZEAL Associate's overall GF Score™ is 16/100 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 ZEAL Associate (TSE:329A), the current Receivables Turnover is 3.27 as of Feb. 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.
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