Showcase (TSE:3909) Receivables Turnover: 24.52 (As of Mar. 2026)

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TSE:3909 Showcase Inc TSE:3909
52 GF Score
Price 円205.00
GF Value 円141.59
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Showcase Receivables Turnover?

Showcase TSE:3909 +0.99% 52 Receivables Turnover is 24.52 as of Mar. 2026. GuruFocus rates TSE:3909 with a GF Score™ of 52/100 and a GF Value™ of 円141.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,783 Software companies, Showcase ranks better than 93.14% 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. Showcase's Revenue for the three months ended in Mar. 2026 was 円3,261 Mil. Showcase's average Accounts Receivable for the three months ended in Mar. 2026 was 円133 Mil. Hence, Showcase's Receivables Turnover for the three months ended in Mar. 2026 was 24.52.


Showcase  (TSE:3909) 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.


Showcase Receivables Turnover Related Terms


Showcase Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Showcase'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.

Showcase Receivables Turnover Chart

Showcase Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 7.40 11.99 11.41 13.88

Showcase Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.00 9.51 1.81 0.00 24.52

TSE:3909 vs QH, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, Showcase'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.


Showcase Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Showcase's Receivables Turnover distribution charts can be found below:

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


TSE:3909
52GF Score
Showcase Inc TSE:3909
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Showcase Receivables Turnover Calculation

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

Showcase's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=6211.422 / ((447.617 + 0) / 1 )
=6211.422 / 447.617
=13.88

Showcase'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 )
=3261.341 / ((133.01 + 0) / 1 )
=3261.341 / 133.01
=24.52

* 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 24.52 mean?
Showcase (TSE:3909) has a Receivables Turnover of 24.52 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 Showcase and its competitors. According to the industry distribution chart, Showcase ranks #191 out of 2783 companies in the Software industry, placing it in the top 6.9%.
Is Showcase's Receivables Turnover too high?
Showcase's current Receivables Turnover is 24.52. The Software industry median Receivables Turnover is 5.77. Showcase's value of 24.52 is 325% above this industry median. Based on the distribution chart, Showcase ranks #191 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Showcase has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Showcase's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Showcase ranks #191 out of 2783 companies for Receivables Turnover. This places Showcase in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.77. Showcase's value of 24.52 is 325% above 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 Software company?
The median Receivables Turnover among Software companies is 5.77, based on 2,783 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. Showcase's current Receivables Turnover of 24.52 is 325% above 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 Showcase and its competitors. For the Software industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showcase's current Receivables Turnover is 24.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase stock overvalued right now?
Based on GuruFocus' analysis, Showcase (TSE:3909) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.59, compared to a current price of 円205.00 — trading 44.8% above its estimated fair value. The current Receivables Turnover is 24.52 and 325% above the Software industry median of 5.77. Showcase's overall GF Score™ is 52/100 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 Showcase (TSE:3909), the current Receivables Turnover is 24.52 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 Showcase (TSE:3909) Overvalued in 2026?

Based on GuruFocus' analysis, Showcase stock appears to be overvalued. The current stock price of 円205.00 is trading 44.8% above its estimated GF Value™ of 円141.59. GuruFocus considers Showcase to be Significantly Overvalued.

Key valuation signals for TSE:3909:

  • Receivables Turnover: 24.52
  • GF Value™: 円141.59 vs. price of 円205.00 (44.8% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 325% above the Software median (#191 of 2783)

No single metric tells the full story. See the TSE:3909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Showcase Business Description

Address 1-9-9, Roppongi, 14th Floor, Roppongi First Building, Minato-ku, Tokyo, JPN, 106-0032
Showcase Inc is engaged in web marketing services. Its operations are carried out through the following business segments: DX Cloud Business, Advertising and Media Business, Investment-related Business, and Information and Communications-related Business. The DX Cloud Business is engaged in the SaaS business. The Advertising and Media Business operates owned media and affiliate advertising. The Investment-related business provides SmartPitch, an online matching platform by Showcase Capital Inc., connecting startups with operating companies, VCs, and CVCs, while also supporting startup growth and fundraising for listed companies. The Information and Communications Related Business is engaged in the sale of used smartphones.
52GF Score

Get the complete analysis for TSE:3909

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

円205.00
Price
円141.59
GF Value