GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Open Door Inc (TSE:3926) » Definitions » Receivables Turnover

Open Door (TSE:3926) Receivables Turnover : 1.35 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Open Door 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. Open Door's Revenue for the three months ended in Dec. 2023 was 円538 Mil. Open Door's average Accounts Receivable for the three months ended in Dec. 2023 was 円400 Mil. Hence, Open Door's Receivables Turnover for the three months ended in Dec. 2023 was 1.35.


Open Door Receivables Turnover Historical Data

The historical data trend for Open Door'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.

* Premium members only.

Open Door Receivables Turnover Chart

Open Door Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.34 4.01 6.86 7.47 6.73

Open Door 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 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 1.88 1.76 1.73 1.35 1.72

Competitive Comparison of Open Door's Receivables Turnover

For the Internet Content & Information subindustry, Open Door'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.


Open Door's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Open Door's Receivables Turnover distribution charts can be found below:

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



Open Door Receivables Turnover Calculation

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

Open Door'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 )
=2561.009 / ((356.964 + 404.212) / 2 )
=2561.009 / 380.588
=6.73

Open Door'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 )
=537.946 / ((481.005 + 318.35) / 2 )
=537.946 / 399.6775
=1.35

* 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.


Open Door  (TSE:3926) 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.


Open Door Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Open Door's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Open Door (TSE:3926) Business Description

Traded in Other Exchanges
Address
2-17-7 Akasaka, Akasaka Tameike Tower, 6th Floor, Minato-ku, Chikusei-cho, Tokyo, JPN, 107-0052
Open Door Inc is engaged in the planning and operation of game content for mobile phones, software development, and content delivery. It is also involved in development and provision of online systems for the internet and mobile phones. The company operates in two sites Travelko, a travel comparison site and GALLERY JAPAN, a japanese traditional art crafts site.

Open Door (TSE:3926) Headlines

No Headlines