Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Shinto Paint Co's Revenue for the
six
months ended in Mar. 2026 was 円10,812 Mil. Shinto Paint Co's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円4,035 Mil.
Hence, Shinto Paint Co's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.68.
Shinto Paint Co (TSE:4615) 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.
Shinto Paint Co Receivables Turnover Related Terms
Shinto Paint Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Shinto Paint 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.
TSE:4615 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Shinto Paint 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.
Shinto Paint Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shinto Paint Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shinto Paint Co'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.
Shinto Paint Co (TSE:4615) has a Receivables Turnover of 2.68 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 Shinto Paint Co and its competitors. According to the industry distribution chart, Shinto Paint Co ranks #931 out of 1579 companies in the Chemicals industry, placing it in the top 59%.
Is Shinto Paint Co's Receivables Turnover too high?
Shinto Paint Co's current Receivables Turnover is 2.68. The Chemicals industry median Receivables Turnover is 5.60. Shinto Paint Co's value of 2.68 is 52.1% below this industry median. Based on the distribution chart, Shinto Paint Co ranks #931 out of 1579 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shinto Paint Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinto Paint Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shinto Paint Co ranks #931 out of 1579 companies for Receivables Turnover. This places Shinto Paint Co in the lower half of its industry. The industry median Receivables Turnover is 5.60. Shinto Paint Co's value of 2.68 is 52.1% 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 1,579 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. Shinto Paint Co's current Receivables Turnover of 2.68 is 52.1% 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 Shinto Paint 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. Shinto Paint Co's current Receivables Turnover is 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Shinto Paint Co (TSE:4615) is currently considered Fairly Valued. The stock's GF Value™ is 円129.75, compared to a current price of 円129.00 — trading 0.6% below its estimated fair value. The current Receivables Turnover is 2.68 and 52.1% below the Chemicals industry median of 5.60. Shinto Paint Co's overall GF Score™ is 50/100 with 6 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 Shinto Paint Co (TSE:4615), the current Receivables Turnover is 2.68 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 Shinto Paint Co (TSE:4615) Overvalued in 2026?
Based on GuruFocus' analysis, Shinto Paint Co stock appears to be undervalued.
The current stock price of 円129.00 is trading 0.6% below its estimated GF Value™ of 円129.75.
GuruFocus considers Shinto Paint Co to be Fairly Valued.
Key valuation signals for TSE:4615:
Receivables Turnover: 2.68
GF Value™: 円129.75 vs. price of 円129.00 (0.6% below fair value)
Industry Position: 52.1% below the Chemicals median (#931 of 1579)
No single metric tells the full story. See the TSE:4615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinto Paint Co Ltd is engaged in manufacturing, processing and selling paints, pigments, synthetic fats/oils, fats/oils, and chemicals in Japan and internationally. It also provides electronic equipment, optical communication equipment, magnetic equipment, parts, components, and their materials; painting facilities, related machinery equipment, tools, devices, and materials; and civil engineering and construction materials, as well as housing materials.
50GF Score
Get the complete analysis for TSE:4615
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4615 has been successfully added to your 
