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Natoco Co (TSE:4627) Receivables Turnover : 0.91 (As of Jan. 2024)


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What is Natoco Co 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. Natoco Co's Revenue for the three months ended in Jan. 2024 was 円4,877 Mil. Natoco Co's average Accounts Receivable for the three months ended in Jan. 2024 was 円5,340 Mil. Hence, Natoco Co's Receivables Turnover for the three months ended in Jan. 2024 was 0.91.


Natoco Co Receivables Turnover Historical Data

The historical data trend for Natoco 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.

* Premium members only.

Natoco Co Receivables Turnover Chart

Natoco Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.27 3.01 3.47 3.56 3.54

Natoco Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.87 0.94 0.96 0.92 0.91

Competitive Comparison of Natoco Co's Receivables Turnover

For the Specialty Chemicals subindustry, Natoco 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.


Natoco Co's Receivables Turnover Distribution in the Chemicals Industry

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

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



Natoco Co Receivables Turnover Calculation

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

Natoco Co's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Receivables Turnover (A: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2023 ) / ((Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count )
=20164.02 / ((5822.506 + 5557.764) / 2 )
=20164.02 / 5690.135
=3.54

Natoco Co's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=4877.238 / ((5557.764 + 5121.274) / 2 )
=4877.238 / 5339.519
=0.91

* 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.


Natoco Co  (TSE:4627) 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.


Natoco Co Receivables Turnover Related Terms

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Natoco Co (TSE:4627) Business Description

Traded in Other Exchanges
N/A
Address
18 Shogayama Uchikoshi-cho, Miyoshi-shi Aichi, Miyoshi, JPN, 470-0213
Natoco Co Ltd is engaged in the business of manufacturing and sales of paints, ink, plastics, and fine chemical products and sales of related products. It also engaged in the collection, transportation, and disposal of industrial waste products. Its other products include such as toning system, general purpose thinner, environment compatible equipment.

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