Shinwa Co (TSE:3447) Receivables Turnover : 0.00 (As of Sep. 2024)

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What is Shinwa Co Receivables Turnover?

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. Shinwa Co's Revenue for the three months ended in Sep. 2024 was 円0 Mil. Shinwa Co's average Accounts Receivable for the three months ended in Sep. 2024 was 円2,928 Mil.

Shinwa Co Receivables Turnover Historical Data

The historical data trend for Shinwa 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.

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Shinwa Co Receivables Turnover Chart

Shinwa Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.18

4.80

5.57

5.67

5.42

Shinwa Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.16	1.29	1.03	1.21	-

Competitive Comparison of Shinwa Co's Receivables Turnover

For the Metal Fabrication subindustry, Shinwa 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.

Shinwa Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shinwa Co's Receivables Turnover distribution charts can be found below:

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

Shinwa Co Receivables Turnover Calculation

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

Shinwa Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	12678.718	/ (	(2450.073	+	2225.876)	/	2 )
=	12678.718	/	2337.9745
=	5.42

Shinwa Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	0	/ (	(2225.876	+	3630.347)	/	2 )
=	0	/	2928.1115
=	N/A

Shinwa Co (TSE:3447) 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.

Shinwa Co Receivables Turnover Related Terms

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Shinwa Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shinwa Co Ltd (TSE:3447) » Definitions » Receivables Turnover

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Address

30-7 Hiratacho Bushigawa, Gifu Prefecture, Kaizu-shi, JPN, 503-0311

Website

https://www.shinwa-jp.com

Shinwa Co Ltd is a Japan-based company offering temporary construction materials and distribution equipment. Products offered by the company include Shinwa catcher, Shinwa pallet, logistics equipment and other safety equipment such as preceding handrail safe hangers, baseboard safe angles, simple lift handling boxes.

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