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Global Security Experts (TSE:4417) Receivables Turnover : 1.43 (As of Dec. 2023)


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What is Global Security Experts 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. Global Security Experts's Revenue for the three months ended in Dec. 2023 was 円1,822 Mil. Global Security Experts's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,274 Mil. Hence, Global Security Experts's Receivables Turnover for the three months ended in Dec. 2023 was 1.43.


Global Security Experts Receivables Turnover Historical Data

The historical data trend for Global Security Experts'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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Global Security Experts Receivables Turnover Chart

Global Security Experts Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Receivables Turnover
3.28 4.97 5.23 5.06

Global Security Experts Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 1.35 1.41 1.76 1.43

Competitive Comparison of Global Security Experts's Receivables Turnover

For the Software - Infrastructure subindustry, Global Security Experts'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.


Global Security Experts's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Global Security Experts's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Global Security Experts's Receivables Turnover falls into.



Global Security Experts Receivables Turnover Calculation

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

Global Security Experts's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=5558.022 / ((988.082 + 1210.874) / 2 )
=5558.022 / 1099.478
=5.06

Global Security Experts's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1822.358 / ((1150.433 + 1398.265) / 2 )
=1822.358 / 1274.349
=1.43

* 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.


Global Security Experts  (TSE:4417) 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.


Global Security Experts Receivables Turnover Related Terms

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Global Security Experts (TSE:4417) Business Description

Traded in Other Exchanges
N/A
Address
1-15-1 Kaigan, Minato-ku, Tokyo, JPN, 105-0022
Global Security Experts Inc is engaged in providing security consulting, diagnostic assessment, cybersecurity solution, and comprehensive security educational services.

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