Washington Hotel (TSE:4691) Receivables Turnover : 4.83 (As of Dec. 2023)

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What is Washington Hotel 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. Washington Hotel's Revenue for the three months ended in Dec. 2023 was 円5,079 Mil. Washington Hotel's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,051 Mil. Hence, Washington Hotel's Receivables Turnover for the three months ended in Dec. 2023 was 4.83.

Washington Hotel Receivables Turnover Historical Data

The historical data trend for Washington Hotel'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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Washington Hotel Receivables Turnover Chart

Washington Hotel Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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24.09

33.57

16.28

9.81

11.72

Washington Hotel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.32	2.96	3.58	4.40	4.83

Competitive Comparison of Washington Hotel's Receivables Turnover

For the Lodging subindustry, Washington Hotel'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.

Washington Hotel's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Washington Hotel's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Washington Hotel's Receivables Turnover falls into.

Washington Hotel Receivables Turnover Calculation

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

Washington Hotel'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 )
=	17532.879	/ (	(1458.118	+	1532.965)	/	2 )
=	17532.879	/	1495.5415
=	11.72

Washington Hotel'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 )
=	5078.595	/ (	(1077.729	+	1024.873)	/	2 )
=	5078.595	/	1051.301
=	4.83

Washington Hotel (TSE:4691) 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.

Washington Hotel Receivables Turnover Related Terms

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Washington Hotel (TSE:4691) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Washington Hotel Corp (TSE:4691) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

4691:Japan

Address

Uchiyama Third Street No. 23 No. 5, Aichi Prefecture, Chikusa-ku, Nagoya, JPN, 464-0075

Website

https://www.washingtonhotel.co.jp

Washington Hotel Corp is a Japanese based company engaged in the hotel and restaurant business. It offers lodging, catering, communication and a resting place and various other services.

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