CAC Holdings (TSE:4725) Receivables Turnover : 1.12 (As of Mar. 2024)

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What is CAC Holdings 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. CAC Holdings's Revenue for the three months ended in Mar. 2024 was 円12,855 Mil. CAC Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円11,497 Mil. Hence, CAC Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 1.12.

CAC Holdings Receivables Turnover Historical Data

The historical data trend for CAC Holdings'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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CAC Holdings Receivables Turnover Chart

CAC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.57

5.00

5.22

5.37

4.76

CAC Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.34	1.25	1.23	1.05	1.12

Competitive Comparison of CAC Holdings's Receivables Turnover

For the Information Technology Services subindustry, CAC Holdings'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.

CAC Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, CAC Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CAC Holdings's Receivables Turnover falls into.

CAC Holdings Receivables Turnover Calculation

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

CAC Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	50539	/ (	(9287	+	11934)	/	2 )
=	50539	/	10610.5
=	4.76

CAC Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	12855	/ (	(11934	+	11060)	/	2 )
=	12855	/	11497
=	1.12

CAC Holdings (TSE:4725) 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.

CAC Holdings Receivables Turnover Related Terms

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CAC Holdings (TSE:4725) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CAC Holdings Corp (TSE:4725) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CB4:Germany

Address

24-1, Hakozaki-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0015

Website

http://www.cac-holdings.com

CAC Holdings Corp is a Japan-based Information technology (IT) services, provider. The company is mainly engaged in systems development and systems operation. The company also provides outsourcing services, mainly in the field of Contract Research Organization (CRO) services. Other services offered by the company include systems consulting services, systems integration services, systems development services, systems maintenance services, Business process outsourcing (BPO) services, systems operation services, data center services, help desk services, desktop services, information processing services and software/hardware marketing.

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