Koei Chemical Co (TSE:4367) Receivables Turnover: 2.64 (As of Mar. 2026)

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TSE:4367 Koei Chemical Co Ltd TSE:4367
59 GF Score
Price 円2,541.00
GF Value 円2,028.04
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Koei Chemical Co Receivables Turnover?

Koei Chemical Co TSE:4367 -4.65% 59 Receivables Turnover is 2.64 as of Mar. 2026. GuruFocus rates TSE:4367 with a GF Score™ of 59/100 and a GF Value™ of 円2,028.04 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,577 Chemicals companies, Koei Chemical Co ranks worse than 72.92% 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. Koei Chemical Co's Revenue for the six months ended in Mar. 2026 was 円9,800 Mil. Koei Chemical Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円3,710 Mil. Hence, Koei Chemical Co's Receivables Turnover for the six months ended in Mar. 2026 was 2.64.


Koei Chemical Co  (TSE:4367) 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.


Koei Chemical Co Receivables Turnover Related Terms


Koei Chemical Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Koei Chemical Co'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.

Koei Chemical Co Receivables Turnover Chart

Koei Chemical Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.78 3.80 3.93 3.82

Koei Chemical Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.28 1.95 2.38 1.86 2.64

TSE:4367 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Koei Chemical Co'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.


Koei Chemical Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koei Chemical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Koei Chemical Co's Receivables Turnover falls into.


TSE:4367
59GF Score
Koei Chemical Co Ltd TSE:4367
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Koei Chemical Co Receivables Turnover Calculation

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

Koei Chemical Co'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 )
=17009.184 / ((4617.256 + 4277.229) / 2 )
=17009.184 / 4447.2425
=3.82

Koei Chemical Co'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=9799.753 / ((3142.246 + 4277.229) / 2 )
=9799.753 / 3709.7375
=2.64

* 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 2.64 mean?
Koei Chemical Co (TSE:4367) has a Receivables Turnover of 2.64 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 Koei Chemical Co and its competitors. According to the industry distribution chart, Koei Chemical Co ranks #1150 out of 1577 companies in the Chemicals industry, placing it in the top 72.9%.
Is Koei Chemical Co's Receivables Turnover too high?
Koei Chemical Co's current Receivables Turnover is 2.64. The Chemicals industry median Receivables Turnover is 5.60. Koei Chemical Co's value of 2.64 is 52.9% below this industry median. Based on the distribution chart, Koei Chemical Co ranks #1150 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, Koei Chemical Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koei Chemical Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Koei Chemical Co ranks #1150 out of 1577 companies for Receivables Turnover. This places Koei Chemical Co in the lower half of its industry. The industry median Receivables Turnover is 5.60. Koei Chemical Co's value of 2.64 is 52.9% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Koei Chemical Co's current Receivables Turnover of 2.64 is 52.9% 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 Koei Chemical Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Chemical Co's current Receivables Turnover is 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Chemical Co (TSE:4367) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,028.04, compared to a current price of 円2,541.00 — trading 25.3% above its estimated fair value. The current Receivables Turnover is 2.64 and 52.9% below the Chemicals industry median of 5.60. Koei Chemical Co's overall GF Score™ is 59/100 with 7 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 Koei Chemical Co (TSE:4367), the current Receivables Turnover is 2.64 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 Koei Chemical Co (TSE:4367) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Chemical Co stock appears to be overvalued. The current stock price of 円2,541.00 is trading 25.3% above its estimated GF Value™ of 円2,028.04. GuruFocus considers Koei Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4367:

  • Receivables Turnover: 2.64
  • GF Value™: 円2,028.04 vs. price of 円2,541.00 (25.3% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 52.9% below the Chemicals median (#1150 of 1577)

No single metric tells the full story. See the TSE:4367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koei Chemical Co Business Description

Address 25 Kitasode, Chiba Prefecture, Sodegaura, JPN, 299-0266
Koei Chemical Co Ltd is a chemical company. It manufactures and sells all kinds of chemical products such as Ionic liquids, polyhydric alcohols, Polyols used in alkyd resin paints used in architecture and automobiles, as well as in air conditioner lubricants and UV inks, Formalin Products used in Adhesives, Synthetic resins, Paints, pyridines, pyrazines, and amines. The company generates sales from locations such as Japan, Asia, Europe, North America.
59GF Score

Get the complete analysis for TSE:4367

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

円2,541.00
Price
円2,028.04
GF Value