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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. Harima Chemicals Group's Revenue for the
three
months ended in Mar. 2026 was 円25,859 Mil. Harima Chemicals Group's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円22,634 Mil.
Hence, Harima Chemicals Group's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.14.
Harima Chemicals Group (TSE:4410) 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.
Harima Chemicals Group Receivables Turnover Related Terms
Harima Chemicals Group Receivables Turnover Historical Data
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The historical data trend for Harima Chemicals Group'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:4410 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Harima Chemicals Group'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.
Harima Chemicals Group Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Harima Chemicals Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Harima Chemicals Group'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.
Harima Chemicals Group (TSE:4410) 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 Harima Chemicals Group and its competitors. According to the industry distribution chart, Harima Chemicals Group ranks #1045 out of 1581 companies in the Chemicals industry, placing it in the top 66.1%.
Is Harima Chemicals Group's Receivables Turnover too high?
Harima Chemicals Group's current Receivables Turnover is 1.14. The Chemicals industry median Receivables Turnover is 5.66. Harima Chemicals Group's value of 1.14 is 79.9% below this industry median. Based on the distribution chart, Harima Chemicals Group ranks #1045 out of 1581 companies in the Chemicals industry, which is below the industry midpoint. Overall, Harima Chemicals Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harima Chemicals Group's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Harima Chemicals Group ranks #1045 out of 1581 companies for Receivables Turnover. This places Harima Chemicals Group in the lower half of its industry. The industry median Receivables Turnover is 5.66. Harima Chemicals Group's value of 1.14 is 79.9% 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 5.66, based on 1,581 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. Harima Chemicals Group's current Receivables Turnover of 1.14 is 79.9% 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 Harima Chemicals Group and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harima Chemicals Group'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 Harima Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, Harima Chemicals Group (TSE:4410) is currently considered Modestly Overvalued. The stock's GF Value™ is 円974.47, compared to a current price of 円1,166.00 — trading 19.7% above its estimated fair value. The current Receivables Turnover is 1.14 and 79.9% below the Chemicals industry median of 5.66. Harima Chemicals Group's overall GF Score™ is 69/100 with 8 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 Harima Chemicals Group (TSE:4410), 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 Harima Chemicals Group (TSE:4410) Overvalued in 2026?
Based on GuruFocus' analysis, Harima Chemicals Group stock appears to be overvalued.
The current stock price of 円1,166.00 is trading 19.7% above its estimated GF Value™ of 円974.47.
GuruFocus considers Harima Chemicals Group to be Modestly Overvalued.
Key valuation signals for TSE:4410:
Receivables Turnover: 1.14
GF Value™: 円974.47 vs. price of 円1,166.00 (19.7% above fair value)
Industry Position: 79.9% below the Chemicals median (#1045 of 1581)
No single metric tells the full story. See the TSE:4410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a world-wide network with presence in Europe, Asia, Oceania, North America, and South America.
69GF Score
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