Netyear Group (TSE:3622) Receivables Turnover: 2.37 (As of Mar. 2026)

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TSE:3622 Netyear Group Corp TSE:3622
56 GF Score
Price 円491.00
GF Value 円565.60
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Netyear Group Receivables Turnover?

Netyear Group TSE:3622 +1.24% 56 Receivables Turnover is 2.37 as of Mar. 2026. GuruFocus rates TSE:3622 with a GF Score™ of 56/100 and a GF Value™ of 円565.60 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,004 Media - Diversified companies, Netyear Group ranks worse than 60.46% 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. Netyear Group's Revenue for the six months ended in Mar. 2026 was 円2,016 Mil. Netyear Group's average Accounts Receivable for the six months ended in Mar. 2026 was 円852 Mil. Hence, Netyear Group's Receivables Turnover for the six months ended in Mar. 2026 was 2.37.


Netyear Group  (TSE:3622) 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.


Netyear Group Receivables Turnover Related Terms


Netyear Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Netyear Group'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.

Netyear Group Receivables Turnover Chart

Netyear Group 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 4.55 4.88 4.66 4.35 4.18

Netyear Group 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 2.96 2.29 2.86 2.22 2.37

TSE:3622 vs APP, OMC, TTD: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Netyear Group'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.


Netyear Group Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Netyear Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Netyear Group's Receivables Turnover falls into.


TSE:3622
56GF Score
Netyear Group Corp TSE:3622
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Netyear Group Receivables Turnover Calculation

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

Netyear Group'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 )
=3672.504 / ((774.782 + 982.883) / 2 )
=3672.504 / 878.8325
=4.18

Netyear Group'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 )
=2016.379 / ((720.347 + 982.883) / 2 )
=2016.379 / 851.615
=2.37

* 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 2.37 mean?
Netyear Group (TSE:3622) has a Receivables Turnover of 2.37 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 Netyear Group and its competitors. According to the industry distribution chart, Netyear Group ranks #607 out of 1004 companies in the Media - Diversified industry, placing it in the top 60.5%.
Is Netyear Group's Receivables Turnover too high?
Netyear Group's current Receivables Turnover is 2.37. The Media - Diversified industry median Receivables Turnover is 5.32. Netyear Group's value of 2.37 is 55.5% below this industry median. Based on the distribution chart, Netyear Group ranks #607 out of 1004 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Netyear Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netyear Group's Receivables Turnover compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Netyear Group ranks #607 out of 1004 companies for Receivables Turnover. This places Netyear Group in the lower half of its industry. The industry median Receivables Turnover is 5.32. Netyear Group's value of 2.37 is 55.5% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.32, based on 1,004 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. Netyear Group's current Receivables Turnover of 2.37 is 55.5% 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 Netyear Group and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netyear Group's current Receivables Turnover is 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netyear Group stock overvalued right now?
Based on GuruFocus' analysis, Netyear Group (TSE:3622) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.60, compared to a current price of 円491.00 — trading 13.2% below its estimated fair value. The current Receivables Turnover is 2.37 and 55.5% below the Media - Diversified industry median of 5.32. Netyear Group's overall GF Score™ is 56/100 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 Netyear Group (TSE:3622), the current Receivables Turnover is 2.37 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 Netyear Group (TSE:3622) Overvalued in 2026?

Based on GuruFocus' analysis, Netyear Group stock appears to be undervalued. The current stock price of 円491.00 is trading 13.2% below its estimated GF Value™ of 円565.60. GuruFocus considers Netyear Group to be Modestly Undervalued.

Key valuation signals for TSE:3622:

  • Receivables Turnover: 2.37
  • GF Value™: 円565.60 vs. price of 円491.00 (13.2% below fair value)
  • GF Score™: 56/100 with 1 warning sign
  • Industry Position: 55.5% below the Media - Diversified median (#607 of 1004)

No single metric tells the full story. See the TSE:3622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netyear Group Business Description

Address 2-15-2 KR, Chuo-ku, Ginza 2-chome Building, Tokyo, JPN, 104-0061
Netyear Group Corp is developing innovative marketing solutions using generative AI. By making full use of digital technology with a thorough user perspective, the company effectively introduce generative AI into digital marketing consulting, digital content planning and production, system development, marketing tools, and more, to support the evolution of corporate management and enhanced engagement with end users.
56GF Score

Get the complete analysis for TSE:3622

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

円491.00
Price
円565.60
GF Value