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Daishin Chemical Co (TSE:4629) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Daishin Chemical 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. Daishin Chemical Co's Revenue for the three months ended in Sep. 2024 was 円0 Mil. Daishin Chemical Co's average Accounts Receivable for the three months ended in Sep. 2024 was 円8,537 Mil.


Daishin Chemical Co Receivables Turnover Historical Data

The historical data trend for Daishin Chemical 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.

Daishin Chemical Co Receivables Turnover Chart

Daishin Chemical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 3.75 3.77 3.94 3.78

Daishin Chemical Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.97 0.96 0.98 0.88 -

Competitive Comparison of Daishin Chemical Co's Receivables Turnover

For the Specialty Chemicals subindustry, Daishin Chemical 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.


Daishin Chemical Co's Receivables Turnover Distribution in the Chemicals Industry

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

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


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Daishin Chemical Co Receivables Turnover Calculation

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

Daishin Chemical Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=32461.797 / ((8398.855 + 8759.88) / 2 )
=32461.797 / 8579.3675
=3.78

Daishin Chemical Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((8759.88 + 8314.094) / 2 )
=0 / 8536.987
=N/A

* 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.


Daishin Chemical Co  (TSE:4629) 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.


Daishin Chemical Co Receivables Turnover Related Terms

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Daishin Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
1-9-9 Shiba Daimon Minato-ku, Tokyo, JPN, 105-0012
Daishin Chemical Co Ltd is a Japanese based manufacturer and seller of organic solvents. Its product portfolio includes lacquer thinner, thinner for synthetic resin paint, thinner for cleaning, solvent for printing, special thinner, single solvent, and paint, among other products. The company also processes plastics and metals with electromagnetic shielding.

Daishin Chemical Co Headlines

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