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User Local (TSE:3984) Receivables Turnover : 4.17 (As of Jun. 2024)


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What is User Local 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. User Local's Revenue for the three months ended in Jun. 2024 was 円1,032 Mil. User Local's average Accounts Receivable for the three months ended in Jun. 2024 was 円247 Mil. Hence, User Local's Receivables Turnover for the three months ended in Jun. 2024 was 4.17.


User Local Receivables Turnover Historical Data

The historical data trend for User Local'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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User Local Receivables Turnover Chart

User Local Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.46 17.72 17.81 17.41 17.09

User Local Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.33 4.31 4.25 4.21 4.17

Competitive Comparison of User Local's Receivables Turnover

For the Information Technology Services subindustry, User Local'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.


User Local's Receivables Turnover Distribution in the Software Industry

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

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



User Local Receivables Turnover Calculation

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

User Local's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=3907.679 / ((205.585 + 251.762) / 2 )
=3907.679 / 228.6735
=17.09

User Local's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1031.683 / ((242.76 + 251.762) / 2 )
=1031.683 / 247.261
=4.17

* 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.


User Local  (TSE:3984) 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.


User Local Receivables Turnover Related Terms

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User Local Business Description

Traded in Other Exchanges
N/A
Address
5-20-6 Shiba, Minato-ku, Tokyo, JPN, 108-0014
User Local Inc is engaged in the research and development of big data analysis system, web marketing support tool, offering media analysis tool, and managing artificial intelligence chat bot.

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