Nippon Paper Industries Co (TSE:3863) Receivables Turnover : 1.38 (As of Dec. 2023)

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What is Nippon Paper Industries 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. Nippon Paper Industries Co's Revenue for the three months ended in Dec. 2023 was 円290,574 Mil. Nippon Paper Industries Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円210,307 Mil. Hence, Nippon Paper Industries Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.38.

Nippon Paper Industries Co Receivables Turnover Historical Data

The historical data trend for Nippon Paper Industries 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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Nippon Paper Industries Co Receivables Turnover Chart

Nippon Paper Industries Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

4.51

4.20

4.21

5.31

5.92

Nippon Paper Industries Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.37	1.50	1.46	1.38	1.42

Competitive Comparison of Nippon Paper Industries Co's Receivables Turnover

For the Paper & Paper Products subindustry, Nippon Paper Industries 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.

Nippon Paper Industries Co's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nippon Paper Industries Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nippon Paper Industries Co's Receivables Turnover falls into.

Nippon Paper Industries Co Receivables Turnover Calculation

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

Nippon Paper Industries Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	1167314	/ (	(189128	+	204990)	/	2 )
=	1167314	/	197059
=	5.92

Nippon Paper Industries 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 )
=	290574	/ (	(212326	+	208287)	/	2 )
=	290574	/	210306.5
=	1.38

Nippon Paper Industries Co (TSE:3863) 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.

Nippon Paper Industries Co Receivables Turnover Related Terms

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Nippon Paper Industries Co (TSE:3863) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nippon Paper Industries Co Ltd (TSE:3863) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NIJPF:USA

Address

4-6, Kanda-Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062

Website

http://www.nipponpapergroup.com

Nippon Paper Industries Co Ltd produces and sells a variety of paper products. The company's paper products include newsprint, printing, sanitary, and packaging paper, as well as container board and boxes. The firm also sells construction materials, and generates electric power. Nippon Paper organizes itself into four segments based on product type: pulp and paper; paper related; wood products and construction related; and other. The pulp and paper segment generates the majority of revenue. The majority of sales are made in Japan.

Nippon Paper Industries Co (TSE:3863) Headlines

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