GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TSON Co Ltd (TSE:3456) » Definitions » Receivables Turnover

TSON Co (TSE:3456) Receivables Turnover : 17.79 (As of Jun. 2023)


View and export this data going back to 2015. Start your Free Trial

What is TSON 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. TSON Co's Revenue for the six months ended in Jun. 2023 was 円1,914 Mil. TSON Co's average Accounts Receivable for the six months ended in Jun. 2023 was 円108 Mil. Hence, TSON Co's Receivables Turnover for the six months ended in Jun. 2023 was 17.79.


TSON Co Receivables Turnover Historical Data

The historical data trend for TSON 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.

* Premium members only.

TSON Co Receivables Turnover Chart

TSON Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.94 13.78 35.94 55.96 195.39

TSON Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 18.35 15.02 39.74 23.67 17.79

Competitive Comparison of TSON Co's Receivables Turnover

For the Real Estate Services subindustry, TSON 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.


TSON Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TSON Co's Receivables Turnover distribution charts can be found below:

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



TSON Co Receivables Turnover Calculation

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

TSON Co's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=4708.367 / ((34.527 + 13.667) / 2 )
=4708.367 / 24.097
=195.39

TSON Co's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=1914.119 / ((201.548 + 13.667) / 2 )
=1914.119 / 107.6075
=17.79

* 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.


TSON Co  (TSE:3456) 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.


TSON Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of TSON Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


TSON Co (TSE:3456) Business Description

Traded in Other Exchanges
N/A
Address
3-22-8 Meieki, Nakamura-ku, Aichi Prefecture, Nagoya, JPN
TSON Co Ltd provides real estate services. The company is engaged in constructions, contracting and design & construction of civil engineering work, design of rental housing and construction management. It also provides Consulting for planning business of advertisement promotion activities of enterprises, advertising agency business, land utilization, asset utilization.

TSON Co (TSE:3456) Headlines

No Headlines