Okayama Paper Industries Co (TSE:3892) Receivables Turnover: 0.97 (As of Feb. 2026)

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TSE:3892 Okayama Paper Industries Co Ltd TSE:3892
74 GF Score
Price 円1,607.00
GF Value 円1,423.83
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Okayama Paper Industries Co Receivables Turnover?

Okayama Paper Industries Co TSE:3892 -0.62% 74 Receivables Turnover is 0.97 as of Feb. 2026. GuruFocus rates TSE:3892 with a GF Score™ of 74/100 and a GF Value™ of 円1,423.83 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 281 Forest Products companies, Okayama Paper Industries Co ranks worse than 90.04% 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. Okayama Paper Industries Co's Revenue for the three months ended in Feb. 2026 was 円2,637 Mil. Okayama Paper Industries Co's average Accounts Receivable for the three months ended in Feb. 2026 was 円2,731 Mil. Hence, Okayama Paper Industries Co's Receivables Turnover for the three months ended in Feb. 2026 was 0.97.


Okayama Paper Industries Co  (TSE:3892) 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.


Okayama Paper Industries Co Receivables Turnover Related Terms


Okayama Paper Industries Co Receivables Turnover Historical Data

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The historical data trend for Okayama 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.

Okayama Paper Industries Co Receivables Turnover Chart

Okayama Paper Industries Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 3.89 4.29 4.25 4.12

Okayama Paper Industries Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 0.00 0.72 0.00 0.97 1.12

Okayama Paper Industries Co Receivables Turnover Competitor Comparison

For the Paper & Paper Products subindustry, Okayama 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.


Okayama Paper Industries Co Receivables Turnover vs Forest Products Industry

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

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


TSE:3892
74GF Score
Okayama Paper Industries Co Ltd TSE:3892
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Okayama Paper Industries Co Receivables Turnover Calculation

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

Okayama Paper Industries Co's Receivables Turnover for the fiscal year that ended in May. 2026 is calculated as

Receivables Turnover (A: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2026 ) / ((Accounts Receivable (A: May. 2025 ) + Accounts Receivable (A: May. 2026 )) / count )
=11221.529 / ((2767.351 + 2673.68) / 2 )
=11221.529 / 2720.5155
=4.12

Okayama Paper Industries 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 )
=2637.161 / ((2856.68 + 2605.589) / 2 )
=2637.161 / 2731.1345
=0.97

* 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 0.97 mean?
Okayama Paper Industries Co (TSE:3892) has a Receivables Turnover of 0.97 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 Okayama Paper Industries Co and its competitors. According to the industry distribution chart, Okayama Paper Industries Co ranks #253 out of 281 companies in the Forest Products industry, placing it in the top 90%.
Is Okayama Paper Industries Co's Receivables Turnover too high?
Okayama Paper Industries Co's current Receivables Turnover is 0.97. The Forest Products industry median Receivables Turnover is 6.69. Okayama Paper Industries Co's value of 0.97 is 85.5% below this industry median. Based on the distribution chart, Okayama Paper Industries Co ranks #253 out of 281 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's Receivables Turnover compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #253 out of 281 companies for Receivables Turnover. This places Okayama Paper Industries Co in the lower half of its industry. The industry median Receivables Turnover is 6.69. Okayama Paper Industries Co's value of 0.97 is 85.5% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.69, based on 281 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. Okayama Paper Industries Co's current Receivables Turnover of 0.97 is 85.5% 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 Okayama Paper Industries Co and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current Receivables Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,423.83, compared to a current price of 円1,607.00 — trading 12.9% above its estimated fair value. The current Receivables Turnover is 0.97 and 85.5% below the Forest Products industry median of 6.69. Okayama Paper Industries Co's overall GF Score™ is 74/100 with 4 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 Okayama Paper Industries Co (TSE:3892), the current Receivables Turnover is 0.97 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?

Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued. The current stock price of 円1,607.00 is trading 12.9% above its estimated GF Value™ of 円1,423.83. GuruFocus considers Okayama Paper Industries Co to be Modestly Overvalued.

Key valuation signals for TSE:3892:

  • Receivables Turnover: 0.97
  • GF Value™: 円1,423.83 vs. price of 円1,607.00 (12.9% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 85.5% below the Forest Products median (#253 of 281)

No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okayama Paper Industries Co Business Description

Address No. 4 No. 34, Minami-ku, Hamano 1-chome, Okayama, JPN, 700-0845
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
74GF Score

Get the complete analysis for TSE:3892

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

円1,607.00
Price
円1,423.83
GF Value