The Nihon Seima Co (TSE:3306) Receivables Turnover: 2.94 (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:3306 The Nihon Seima Co Ltd TSE:3306
48 GF Score
Price 円815.00
GF Value 円325.96
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is The Nihon Seima Co Receivables Turnover?

The Nihon Seima Co TSE:3306 -6.32% 48 Receivables Turnover is 2.94 as of Mar. 2026. GuruFocus rates TSE:3306 with a GF Score™ of 48/100 and a GF Value™ of 円325.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 542 Conglomerates companies, The Nihon Seima Co ranks worse than 53.87% 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. The Nihon Seima Co's Revenue for the six months ended in Mar. 2026 was 円1,190 Mil. The Nihon Seima Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円404 Mil. Hence, The Nihon Seima Co's Receivables Turnover for the six months ended in Mar. 2026 was 2.94.


The Nihon Seima Co  (TSE:3306) 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.


The Nihon Seima Co Receivables Turnover Related Terms


The Nihon Seima Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for The Nihon Seima Co'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.

The Nihon Seima Co Receivables Turnover Chart

The Nihon Seima Co 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 5.38 6.29 6.56 4.44 6.09

The Nihon Seima Co 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 3.00 3.07 0.29 2.98 2.94

TSE:3306 vs MMM, HON: Receivables Turnover Comparison

For the Conglomerates subindustry, The Nihon Seima Co'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.


The Nihon Seima Co Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, The Nihon Seima Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Nihon Seima Co's Receivables Turnover falls into.


TSE:3306
48GF Score
The Nihon Seima Co Ltd TSE:3306
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Nihon Seima Co Receivables Turnover Calculation

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

The Nihon Seima Co'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 )
=2399.669 / ((395.671 + 392.55) / 2 )
=2399.669 / 394.1105
=6.09

The Nihon Seima Co'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 )
=1190.096 / ((416.266 + 392.55) / 2 )
=1190.096 / 404.408
=2.94

* 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 2.94 mean?
The Nihon Seima Co (TSE:3306) has a Receivables Turnover of 2.94 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 The Nihon Seima Co and its competitors. According to the industry distribution chart, The Nihon Seima Co ranks #292 out of 542 companies in the Conglomerates industry, placing it in the top 53.9%.
Is The Nihon Seima Co's Receivables Turnover too high?
The Nihon Seima Co's current Receivables Turnover is 2.94. The Conglomerates industry median Receivables Turnover is 6.31. The Nihon Seima Co's value of 2.94 is 53.4% below this industry median. Based on the distribution chart, The Nihon Seima Co ranks #292 out of 542 companies in the Conglomerates industry, which is below the industry midpoint. Overall, The Nihon Seima Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Nihon Seima Co's Receivables Turnover compare to MMM and HON?
According to the Conglomerates industry distribution chart, The Nihon Seima Co ranks #292 out of 542 companies for Receivables Turnover. This places The Nihon Seima Co in the lower half of its industry. The industry median Receivables Turnover is 6.31. The Nihon Seima Co's value of 2.94 is 53.4% 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 6.31, based on 542 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. The Nihon Seima Co's current Receivables Turnover of 2.94 is 53.4% 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 The Nihon Seima Co and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Nihon Seima Co's current Receivables Turnover is 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Nihon Seima Co stock overvalued right now?
Based on GuruFocus' analysis, The Nihon Seima Co (TSE:3306) is currently considered Significantly Overvalued. The stock's GF Value™ is 円325.96, compared to a current price of 円815.00 — trading 150% above its estimated fair value. The current Receivables Turnover is 2.94 and 53.4% below the Conglomerates industry median of 6.31. The Nihon Seima Co's overall GF Score™ is 48/100 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 The Nihon Seima Co (TSE:3306), the current Receivables Turnover is 2.94 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 The Nihon Seima Co (TSE:3306) Overvalued in 2026?

Based on GuruFocus' analysis, The Nihon Seima Co stock appears to be overvalued. The current stock price of 円815.00 is trading 150% above its estimated GF Value™ of 円325.96. GuruFocus considers The Nihon Seima Co to be Significantly Overvalued.

Key valuation signals for TSE:3306:

  • Receivables Turnover: 2.94
  • GF Value™: 円325.96 vs. price of 円815.00 (150% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 53.4% below the Conglomerates median (#292 of 542)

No single metric tells the full story. See the TSE:3306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Nihon Seima Co Business Description

Address Shinko Building, 8, Kaigandori, Chuo-ku, Kobe, JPN, 650-0024
The Nihon Seima Co Ltd is engaged in the manufacture and sale of industrial materials and food products in Japan. It operates through the following business divisions: The Industrial Materials division offers jute products, packaging materials, and others. The Mat division is involved in the manufacture and sale of automobile floor mats and others. The Food divisions is engaged in the production and processing of spaghetti, sauce, and others.
48GF Score

Get the complete analysis for TSE:3306

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

円815.00
Price
円325.96
GF Value