Asulina Co (TSE:3647) Receivables Turnover: 2.01 (As of Feb. 2026)

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TSE:3647 Asulina Co Ltd TSE:3647
49 GF Score
Price 円116.00
GF Value 円166.57
Valuation Possible Value Trap
! 3 Warning Signs
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What is Asulina Co Receivables Turnover?

Asulina Co TSE:3647 +0.87% 49 Receivables Turnover is 2.01 as of Feb. 2026. GuruFocus rates TSE:3647 with a GF Score™ of 49/100 and a GF Value™ of 円166.57 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 415 Utilities - Independent Power Producers companies, Asulina Co ranks better than 98.31% 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. Asulina Co's Revenue for the three months ended in Feb. 2026 was 円18.5 Mil. Asulina Co's average Accounts Receivable for the three months ended in Feb. 2026 was 円9.2 Mil. Hence, Asulina Co's Receivables Turnover for the three months ended in Feb. 2026 was 2.01.


Asulina Co  (TSE:3647) 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.


Asulina Co Receivables Turnover Related Terms


Asulina Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Asulina 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.

Asulina Co Receivables Turnover Chart

Asulina Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 11.24 7.80 7.23 32.74

Asulina Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 31.13 2.71 1.75 2.01 30.73

Asulina Co Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Asulina 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.


Asulina Co Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asulina Co's Receivables Turnover distribution charts can be found below:

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


TSE:3647
49GF Score
Asulina Co Ltd TSE:3647
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Asulina Co Receivables Turnover Calculation

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

Asulina Co's Receivables Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Receivables Turnover (A: Aug. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Aug. 2025 ) / ((Accounts Receivable (A: Aug. 2024 ) + Accounts Receivable (A: Aug. 2025 )) / count )
=606.547 / ((24.705 + 12.344) / 2 )
=606.547 / 18.5245
=32.74

Asulina Co's Receivables Turnover for the quarter that ended in Feb. 2026 is calculated as

Receivables Turnover (Q: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: Feb. 2026 )) / count )
=18.463 / ((8.151 + 10.204) / 2 )
=18.463 / 9.1775
=2.01

* 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 2.01 mean?
Asulina Co (TSE:3647) has a Receivables Turnover of 2.01 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 Asulina Co and its competitors. According to the industry distribution chart, Asulina Co ranks #7 out of 415 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.7%.
Is Asulina Co's Receivables Turnover too high?
Asulina Co's current Receivables Turnover is 2.01. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.72. Asulina Co's value of 2.01 is 64.9% below this industry median. Based on the distribution chart, Asulina Co ranks #7 out of 415 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Asulina Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asulina Co's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Asulina Co ranks #7 out of 415 companies for Receivables Turnover. This places Asulina Co in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.72. Asulina Co's value of 2.01 is 64.9% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.72, based on 415 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. Asulina Co's current Receivables Turnover of 2.01 is 64.9% 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 Asulina Co and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asulina Co's current Receivables Turnover is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asulina Co stock overvalued right now?
Based on GuruFocus' analysis, Asulina Co (TSE:3647) is currently considered Possible Value Trap. The stock's GF Value™ is 円166.57, compared to a current price of 円116.00 — trading 30.4% below its estimated fair value. The current Receivables Turnover is 2.01 and 64.9% below the Utilities - Independent Power Producers industry median of 5.72. Asulina Co's overall GF Score™ is 49/100 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 Asulina Co (TSE:3647), the current Receivables Turnover is 2.01 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 Asulina Co (TSE:3647) Overvalued in 2026?

Based on GuruFocus' analysis, Asulina Co stock appears to be undervalued. The current stock price of 円116.00 is trading 30.4% below its estimated GF Value™ of 円166.57. GuruFocus considers Asulina Co to be Possible Value Trap.

Key valuation signals for TSE:3647:

  • Receivables Turnover: 2.01
  • GF Value™: 円166.57 vs. price of 円116.00 (30.4% below fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 64.9% below the Utilities - Independent Power Producers median (#7 of 415)

No single metric tells the full story. See the TSE:3647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asulina Co Business Description

Address 2-3-14 Higashishinagawa, Shinagawa-ku, Tokyo Front Terrace 12th floor, Tokyo, JPN, 140-0002
Asulina Co Ltd is engaged in Renewable energy business, new energy business and sustainable business.
49GF Score

Get the complete analysis for TSE:3647

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

円116.00
Price
円166.57
GF Value