SHANON (TSE:3976) Receivables Turnover: 3.27 (As of Oct. 2025)

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TSE:3976 SHANON Inc TSE:3976
53 GF Score
Price 円566.00
GF Value 円185.01
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SHANON Receivables Turnover?

SHANON TSE:3976 +0.18% 53 Receivables Turnover is 3.27 as of Oct. 2025. GuruFocus rates TSE:3976 with a GF Score™ of 53/100 and a GF Value™ of 円185.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,783 Software companies, SHANON ranks better than 74.42% 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. SHANON's Revenue for the three months ended in Oct. 2025 was 円643 Mil. SHANON's average Accounts Receivable for the three months ended in Oct. 2025 was 円197 Mil. Hence, SHANON's Receivables Turnover for the three months ended in Oct. 2025 was 3.27.


SHANON  (TSE:3976) 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.


SHANON Receivables Turnover Related Terms


SHANON Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SHANON'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.

SHANON Receivables Turnover Chart

SHANON Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.15 7.05 6.92 6.86 8.86

SHANON Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Apr25 Jul25 Oct25 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 2.22 0.00 2.86 3.27 3.38

TSE:3976 vs QH, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, SHANON'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.


SHANON Receivables Turnover vs Software Industry

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

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


TSE:3976
53GF Score
SHANON Inc TSE:3976
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SHANON Receivables Turnover Calculation

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

SHANON's Receivables Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Receivables Turnover (A: Oct. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2025 ) / ((Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Oct. 2025 )) / count )
=2740.261 / ((443.823 + 175.055) / 2 )
=2740.261 / 309.439
=8.86

SHANON's Receivables Turnover for the quarter that ended in Oct. 2025 is calculated as

Receivables Turnover (Q: Oct. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Oct. 2025 ) / ((Accounts Receivable (Q: Jul. 2025 ) + Accounts Receivable (Q: Oct. 2025 )) / count )
=642.856 / ((218.729 + 175.055) / 2 )
=642.856 / 196.892
=3.27

* 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 3.27 mean?
SHANON (TSE:3976) has a Receivables Turnover of 3.27 as of Oct. 2025. 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 SHANON and its competitors. According to the industry distribution chart, SHANON ranks #712 out of 2783 companies in the Software industry, placing it in the top 25.6%.
Is SHANON's Receivables Turnover too high?
SHANON's current Receivables Turnover is 3.27. The Software industry median Receivables Turnover is 5.77. SHANON's value of 3.27 is 43.3% below this industry median. Based on the distribution chart, SHANON ranks #712 out of 2783 companies in the Software industry, which is above the industry midpoint. Overall, SHANON has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SHANON's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, SHANON ranks #712 out of 2783 companies for Receivables Turnover. This puts SHANON in the upper half of its industry. The industry median Receivables Turnover is 5.77. SHANON's value of 3.27 is 43.3% 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 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. SHANON's current Receivables Turnover of 3.27 is 43.3% 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 SHANON 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. SHANON's current Receivables Turnover is 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHANON stock overvalued right now?
Based on GuruFocus' analysis, SHANON (TSE:3976) is currently considered Significantly Overvalued. The stock's GF Value™ is 円185.01, compared to a current price of 円566.00 — trading 205.9% above its estimated fair value. The current Receivables Turnover is 3.27 and 43.3% below the Software industry median of 5.77. SHANON's overall GF Score™ is 53/100 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 SHANON (TSE:3976), the current Receivables Turnover is 3.27 as of Oct. 2025. 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 SHANON (TSE:3976) Overvalued in 2026?

Based on GuruFocus' analysis, SHANON stock appears to be overvalued. The current stock price of 円566.00 is trading 205.9% above its estimated GF Value™ of 円185.01. GuruFocus considers SHANON to be Significantly Overvalued.

Key valuation signals for TSE:3976:

  • Receivables Turnover: 3.27
  • GF Value™: 円185.01 vs. price of 円566.00 (205.9% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 43.3% below the Software median (#712 of 2783)

No single metric tells the full story. See the TSE:3976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHANON Business Description

Address 3-13-16 Minato-ku, Mita 43MT Building, 4th Floor, Tokyo, JPN, 108-0073
SHANON Inc provides marketing platform and cloud application. It is engaged in the planning, development, and sale of cloud marketing solutions. It is also engaged in the provision of consulting and outsourcing services related to marketing.
53GF Score

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

円566.00
Price
円185.01
GF Value