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System Support Holdings (TSE:4396) Receivables Turnover : 1.64 (As of Dec. 2024)


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What is System Support Holdings 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. System Support Holdings's Revenue for the three months ended in Dec. 2024 was 円6,906 Mil. System Support Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was 円4,221 Mil. Hence, System Support Holdings's Receivables Turnover for the three months ended in Dec. 2024 was 1.64.


System Support Holdings Receivables Turnover Historical Data

The historical data trend for System Support Holdings'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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System Support Holdings Receivables Turnover Chart

System Support Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 7.18 7.15 7.33 7.71 7.45

System Support Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.72 1.59 1.65 1.78 1.64

Competitive Comparison of System Support Holdings's Receivables Turnover

For the Information Technology Services subindustry, System Support Holdings'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.


System Support Holdings's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where System Support Holdings's Receivables Turnover falls into.


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System Support Holdings Receivables Turnover Calculation

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

System Support Holdings'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 )
=22029.88 / ((2783.329 + 3131.766) / 2 )
=22029.88 / 2957.5475
=7.45

System Support Holdings's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=6905.899 / ((3784.759 + 4657.811) / 2 )
=6905.899 / 4221.285
=1.64

* 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.


System Support Holdings  (TSE:4396) 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.


System Support Holdings Receivables Turnover Related Terms

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System Support Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-5-2 Honmachi, ishikawa, kanazawa, JPN, 920-0853
System Support Holdings Inc is engaged in providing systems solutions which include system integration, transition to cloud-based infrastructure, ERP integration, data center running, and package-based software development.

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