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IACE TravelTSE:343A -4.72%21 Receivables Turnover is 0.21 as of Mar. 2026. GuruFocus rates TSE:343A with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 832 Travel & Leisure companies, IACE Travel ranks worse than 98.08% 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. IACE Travel's Revenue for the
three
months ended in Mar. 2026 was 円767 Mil. IACE Travel's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円3,603 Mil.
Hence, IACE Travel's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.21.
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.
IACE Travel Receivables Turnover Related Terms
IACE Travel Receivables Turnover Historical Data
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The historical data trend for IACE Travel'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:343A vs BKNG, ABNB, RCL: Receivables Turnover Comparison
For the Travel Services subindustry, IACE Travel'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.
IACE Travel Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, IACE Travel's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where IACE Travel'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.
IACE Travel (TSE:343A) has a Receivables Turnover of 0.21 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 IACE Travel and its competitors. According to the industry distribution chart, IACE Travel ranks #816 out of 832 companies in the Travel & Leisure industry, placing it in the top 98.1%.
Is IACE Travel's Receivables Turnover too high?
IACE Travel's current Receivables Turnover is 0.21. The Travel & Leisure industry median Receivables Turnover is 14.01. IACE Travel's value of 0.21 is 98.5% below this industry median. Based on the distribution chart, IACE Travel ranks #816 out of 832 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, IACE Travel has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does IACE Travel's Receivables Turnover compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, IACE Travel ranks #816 out of 832 companies for Receivables Turnover. This places IACE Travel in the lower half of its industry. The industry median Receivables Turnover is 14.01. IACE Travel's value of 0.21 is 98.5% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.01, based on 832 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. IACE Travel's current Receivables Turnover of 0.21 is 98.5% 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 IACE Travel and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IACE Travel's current Receivables Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IACE Travel stock overvalued right now?
IACE Travel (TSE:343A) has a current Receivables Turnover of 0.21. The current Receivables Turnover is 0.21 and 98.5% below the Travel & Leisure industry median of 14.01. IACE Travel's overall GF Score™ is 21/100 with 1 warning sign 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 IACE Travel (TSE:343A), the current Receivables Turnover is 0.21 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.
IACE Travel Corp is engaged in travel business that operates the cloud-based booking system Smart BTM and provides business travel management services.
21GF Score
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