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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. TSI Holdings Co's Revenue for the
three
months ended in Feb. 2026 was 円50,474 Mil. TSI Holdings Co's average Accounts Receivable for the
three
months ended in Feb. 2026 was 円16,004 Mil.
Hence, TSI Holdings Co's Receivables Turnover for the
three
months ended in Feb. 2026 was 3.15.
TSI Holdings Co (TSE:3608) 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.
TSI Holdings Co Receivables Turnover Related Terms
TSI Holdings Co Receivables Turnover Historical Data
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The historical data trend for TSI Holdings 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.
TSE:3608 vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, TSI Holdings 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.
TSI Holdings Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TSI Holdings Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TSI Holdings Co'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.
TSI Holdings Co (TSE:3608) has a Receivables Turnover of 3.15 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 TSI Holdings Co and its competitors. According to the industry distribution chart, TSI Holdings Co ranks #222 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.4%.
Is TSI Holdings Co's Receivables Turnover too high?
TSI Holdings Co's current Receivables Turnover is 3.15. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. TSI Holdings Co's value of 3.15 is 54.3% below this industry median. Based on the distribution chart, TSI Holdings Co ranks #222 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, TSI Holdings Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSI Holdings Co's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TSI Holdings Co ranks #222 out of 1035 companies for Receivables Turnover. This places TSI Holdings Co in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.89. TSI Holdings Co's value of 3.15 is 54.3% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,035 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. TSI Holdings Co's current Receivables Turnover of 3.15 is 54.3% 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 TSI Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSI Holdings Co's current Receivables Turnover is 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSI Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, TSI Holdings Co (TSE:3608) is currently considered Fairly Valued. The stock's GF Value™ is 円1,338.45, compared to a current price of 円1,278.00 — trading 4.5% below its estimated fair value. The current Receivables Turnover is 3.15 and 54.3% below the Manufacturing - Apparel & Accessories industry median of 6.89. TSI Holdings Co's overall GF Score™ is 84/100 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 TSI Holdings Co (TSE:3608), the current Receivables Turnover is 3.15 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.
Is TSI Holdings Co (TSE:3608) Overvalued in 2026?
Based on GuruFocus' analysis, TSI Holdings Co stock appears to be undervalued.
The current stock price of 円1,278.00 is trading 4.5% below its estimated GF Value™ of 円1,338.45.
GuruFocus considers TSI Holdings Co to be Fairly Valued.
Key valuation signals for TSE:3608:
Receivables Turnover: 3.15
GF Value™: 円1,338.45 vs. price of 円1,278.00 (4.5% below fair value)
Industry Position: 54.3% below the Manufacturing - Apparel & Accessories median (#222 of 1035)
No single metric tells the full story. See the TSE:3608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSI Holdings Co Ltd is an apparel manufacturer that owns and licenses dozens of brands that it sells through department stores, other retail stores and shopping centers, and e-commerce channels. The majority of the company's sales are in Japan, with the remainder coming from China and other parts of Asia. TSI's highest-selling brands, which collectively account for more than half of the company's total revenue, include nano, Natural Beauty Basic, Margaret Howell, Pearly Gates, Rose Bud, Stussy, Proportion Body Dressing, Free's Mart, Human Woman, and Callaway Apparel.
84GF Score
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