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Alphax Food System Co (TSE:3814) Receivables Turnover : 1.71 (As of Dec. 2023)


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What is Alphax Food System 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. Alphax Food System Co's Revenue for the three months ended in Dec. 2023 was 円392 Mil. Alphax Food System Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円229 Mil. Hence, Alphax Food System Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.71.


Alphax Food System Co Receivables Turnover Historical Data

The historical data trend for Alphax Food System 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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Alphax Food System Co Receivables Turnover Chart

Alphax Food System Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 9.75 21.77 18.29 9.40

Alphax Food System Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.05 3.03 2.20 2.28 1.71

Competitive Comparison of Alphax Food System Co's Receivables Turnover

For the Conglomerates subindustry, Alphax Food System 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.


Alphax Food System Co's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alphax Food System Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alphax Food System Co's Receivables Turnover falls into.



Alphax Food System Co Receivables Turnover Calculation

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

Alphax Food System Co's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=1780.779 / ((67.709 + 311.087) / 2 )
=1780.779 / 189.398
=9.40

Alphax Food System Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=392.013 / ((311.087 + 147.828) / 2 )
=392.013 / 229.4575
=1.71

* 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.


Alphax Food System Co  (TSE:3814) 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.


Alphax Food System Co Receivables Turnover Related Terms

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Alphax Food System Co (TSE:3814) Business Description

Traded in Other Exchanges
N/A
Address
128 Senzaki Sanyo Onoda, Yamaguchi Prefecture, Ube, JPN, 756-0039
Alphax Food System Co LTD provides ASP intranet services through various mission-critical systems; engages in planning and selling system equipment; offers hardware and software maintenance services; and operates e-restaurant marketplace. It operates store chain systems and supply chain systems. It also provides magazine services to the information magazine service industry.

Alphax Food System Co (TSE:3814) Headlines

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