I-plug (TSE:4177) Receivables Turnover: 10.92 (As of Mar. 2026)

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TSE:4177 I-plug Inc TSE:4177
81 GF Score
Price 円1,520.00
GF Value 円1,707.40
Valuation Modestly Undervalued
! 2 Warning Signs
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What is I-plug Receivables Turnover?

I-plug TSE:4177 -0.13% 81 Receivables Turnover is 10.92 as of Mar. 2026. GuruFocus rates TSE:4177 with a GF Score™ of 81/100 and a GF Value™ of 円1,707.40 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,066 Business Services companies, I-plug ranks better than 96.34% 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. I-plug's Revenue for the three months ended in Mar. 2026 was 円1,681 Mil. I-plug's average Accounts Receivable for the three months ended in Mar. 2026 was 円154 Mil. Hence, I-plug's Receivables Turnover for the three months ended in Mar. 2026 was 10.92.


I-plug  (TSE:4177) 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.


I-plug Receivables Turnover Related Terms


I-plug Receivables Turnover Historical Data

* Premium members only.

The historical data trend for I-plug'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.

I-plug Receivables Turnover Chart

I-plug Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 29.01 31.35 40.12 45.48 41.87

I-plug Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 5.01 5.49 9.18 10.92

TSE:4177 vs KFY, RHI, TNET: Receivables Turnover Comparison

For the Staffing & Employment Services subindustry, I-plug'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.


I-plug Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, I-plug's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where I-plug's Receivables Turnover falls into.


TSE:4177
81GF Score
I-plug Inc TSE:4177
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I-plug Receivables Turnover Calculation

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

I-plug's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=5756.915 / ((117.46 + 157.523) / 2 )
=5756.915 / 137.4915
=41.87

I-plug'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1681.411 / ((150.432 + 157.523) / 2 )
=1681.411 / 153.9775
=10.92

* 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 10.92 mean?
I-plug (TSE:4177) has a Receivables Turnover of 10.92 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 I-plug and its competitors. According to the industry distribution chart, I-plug ranks #39 out of 1066 companies in the Business Services industry, placing it in the top 3.7%.
Is I-plug's Receivables Turnover too high?
I-plug's current Receivables Turnover is 10.92. The Business Services industry median Receivables Turnover is 6.24. I-plug's value of 10.92 is 75% above this industry median. Based on the distribution chart, I-plug ranks #39 out of 1066 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, I-plug has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does I-plug's Receivables Turnover compare to KFY and RHI?
According to the Business Services industry distribution chart, I-plug ranks #39 out of 1066 companies for Receivables Turnover. This places I-plug in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.24. I-plug's value of 10.92 is 75% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.24, based on 1,066 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. I-plug's current Receivables Turnover of 10.92 is 75% 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 I-plug and its competitors. For the Business Services industry, the median Receivables Turnover is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-plug's current Receivables Turnover is 10.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-plug stock overvalued right now?
Based on GuruFocus' analysis, I-plug (TSE:4177) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,707.40, compared to a current price of 円1,520.00 — trading 11% below its estimated fair value. The current Receivables Turnover is 10.92 and 75% above the Business Services industry median of 6.24. I-plug's overall GF Score™ is 81/100 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 I-plug (TSE:4177), the current Receivables Turnover is 10.92 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 I-plug (TSE:4177) Overvalued in 2026?

Based on GuruFocus' analysis, I-plug stock appears to be undervalued. The current stock price of 円1,520.00 is trading 11% below its estimated GF Value™ of 円1,707.40. GuruFocus considers I-plug to be Modestly Undervalued.

Key valuation signals for TSE:4177:

  • Receivables Turnover: 10.92
  • GF Value™: 円1,707.40 vs. price of 円1,520.00 (11% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 75% above the Business Services median (#39 of 1066)

No single metric tells the full story. See the TSE:4177 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-plug Business Description

Address 5-11-8 Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-0011
I-plug Inc provides a mechanism to expand the human resources who will bear the future and realizes personal growth and corporate development. It is mainly involved in the operation of the new graduate reverse recruitment site "OfferBox" series. The Company operates in a single segment, the HR platform business.
81GF Score

Get the complete analysis for TSE:4177

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

円1,520.00
Price
円1,707.40
GF Value