Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Needs Well's Revenue for the
three
months ended in Mar. 2026 was 円2,622 Mil. Needs Well's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円2,291 Mil.
Hence, Needs Well's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.14.
Needs Well (TSE:3992) 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.
Needs Well Receivables Turnover Related Terms
Needs Well Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Needs Well'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.
TSE:3992 vs MSFT, ORCL, PLTR: Receivables Turnover Comparison
For the Software - Infrastructure subindustry, Needs Well'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.
Needs Well Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Needs Well's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Needs Well's Receivables Turnover falls into.
* 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.
Needs Well (TSE:3992) has a Receivables Turnover of 1.14 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 Needs Well and its competitors. According to the industry distribution chart, Needs Well ranks #1768 out of 2784 companies in the Software industry, placing it in the top 63.5%.
Is Needs Well's Receivables Turnover too high?
Needs Well's current Receivables Turnover is 1.14. The Software industry median Receivables Turnover is 5.78. Needs Well's value of 1.14 is 80.3% below this industry median. Based on the distribution chart, Needs Well ranks #1768 out of 2784 companies in the Software industry, which is below the industry midpoint. Overall, Needs Well has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Needs Well's Receivables Turnover compare to MSFT and ORCL?
According to the Software industry distribution chart, Needs Well ranks #1768 out of 2784 companies for Receivables Turnover. This places Needs Well in the lower half of its industry. The industry median Receivables Turnover is 5.78. Needs Well's value of 1.14 is 80.3% 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 5.78, based on 2,784 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. Needs Well's current Receivables Turnover of 1.14 is 80.3% 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 Needs Well and its competitors. For the Software industry, the median Receivables Turnover is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Needs Well's current Receivables Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Needs Well stock overvalued right now?
Based on GuruFocus' analysis, Needs Well (TSE:3992) is currently considered Modestly Undervalued. The stock's GF Value™ is 円503.68, compared to a current price of 円444.00 — trading 11.8% below its estimated fair value. The current Receivables Turnover is 1.14 and 80.3% below the Software industry median of 5.78. Needs Well's overall GF Score™ is 91/100 with 2 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 Needs Well (TSE:3992), the current Receivables Turnover is 1.14 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 Needs Well (TSE:3992) Overvalued in 2026?
Based on GuruFocus' analysis, Needs Well stock appears to be undervalued.
The current stock price of 円444.00 is trading 11.8% below its estimated GF Value™ of 円503.68.
GuruFocus considers Needs Well to be Modestly Undervalued.
Key valuation signals for TSE:3992:
Receivables Turnover: 1.14
GF Value™: 円503.68 vs. price of 円444.00 (11.8% below fair value)
Industry Position: 80.3% below the Software median (#1768 of 2784)
No single metric tells the full story. See the TSE:3992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB systems, digital marketing related system, business system, and CMS using web technology.
91GF Score
Get the complete analysis for TSE:3992
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3992 has been successfully added to your 
