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SBI Global Asset Management Co (TSE:4765) Receivables Turnover : 1.13 (As of Dec. 2023)


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What is SBI Global Asset Management 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. SBI Global Asset Management Co's Revenue for the three months ended in Dec. 2023 was 円2,587 Mil. SBI Global Asset Management Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,291 Mil. Hence, SBI Global Asset Management Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.13.


SBI Global Asset Management Co Receivables Turnover Historical Data

The historical data trend for SBI Global Asset Management 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.

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SBI Global Asset Management Co Receivables Turnover Chart

SBI Global Asset Management 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 5.56 5.71 5.57 5.65 6.13

SBI Global Asset Management Co 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 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 1.23 1.43 1.22 1.13 1.23

Competitive Comparison of SBI Global Asset Management Co's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, SBI Global Asset Management 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.


SBI Global Asset Management Co's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SBI Global Asset Management Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SBI Global Asset Management Co's Receivables Turnover falls into.



SBI Global Asset Management Co Receivables Turnover Calculation

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

SBI Global Asset Management Co'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 )
=8747.113 / ((1611.378 + 1483.903) / 2 )
=8747.113 / 1547.6405
=5.65

SBI Global Asset Management Co'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 )
=2586.882 / ((2247.003 + 2335.207) / 2 )
=2586.882 / 2291.105
=1.13

* 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.


SBI Global Asset Management Co  (TSE:4765) 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.


SBI Global Asset Management Co Receivables Turnover Related Terms

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SBI Global Asset Management Co (TSE:4765) Business Description

Traded in Other Exchanges
Address
1-6-1 Izumi Garden Tower 20F, Minato-ku, Tokyo, JPN
SBI Global Asset Management Co Ltd provides financial information services through its website, magazines, stock analysis report, and seminars.

SBI Global Asset Management Co (TSE:4765) Headlines

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