Startline Co (TSE:477A) Receivables Turnover: 4.83 (As of Mar. 2026)

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TSE:477A Startline Co Ltd TSE:477A
7 GF Score
Price 円793.00
! 3 Warning Signs
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What is Startline Co Receivables Turnover?

Startline Co TSE:477A +7.16% 7 Receivables Turnover is 4.83 as of Mar. 2026. GuruFocus rates TSE:477A with a GF Score™ of 7/100. The stock has 3 warning signs investors should review. Among 1,061 Business Services companies, Startline Co ranks better than 75.02% on this metric.

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. Startline Co's Revenue for the six months ended in Mar. 2026 was 円2,988 Mil. Startline Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円618 Mil. Hence, Startline Co's Receivables Turnover for the six months ended in Mar. 2026 was 4.83.


Startline Co  (TSE:477A) 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.


Startline Co Receivables Turnover Related Terms


Startline Co Receivables Turnover Historical Data

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The historical data trend for Startline 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.

Startline Co Receivables Turnover Chart

Startline Co Annual Data
Trend Mar24 Mar25 Mar26
Receivables Turnover
6.69 7.95 9.12

Startline Co Semi-Annual Data
Mar24 Mar25 Sep25 Mar26
Receivables Turnover 0.00 0.00 4.43 4.83

TSE:477A vs CTAS, CPRT, GPN: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Startline 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.


Startline Co Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Startline Co's Receivables Turnover distribution charts can be found below:

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


TSE:477A
7GF Score
Startline Co Ltd TSE:477A
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Startline Co Receivables Turnover Calculation

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

Startline Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=5599.179 / ((585.588 + 642.541) / 2 )
=5599.179 / 614.0645
=9.12

Startline Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2987.535 / ((593.628 + 642.541) / 2 )
=2987.535 / 618.0845
=4.83

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 4.83 mean?
Startline Co (TSE:477A) has a Receivables Turnover of 4.83 as of Mar. 2026. The accounts 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. View historical data on Startline Co and its competitors. According to the industry distribution chart, Startline Co ranks #265 out of 1061 companies in the Business Services industry, placing it in the top 25%.
Is Startline Co's Receivables Turnover too high?
Startline Co's current Receivables Turnover is 4.83. The Business Services industry median Receivables Turnover is 6.42. Startline Co's value of 4.83 is 24.8% below this industry median. Based on the distribution chart, Startline Co ranks #265 out of 1061 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Startline Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Startline Co's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Startline Co ranks #265 out of 1061 companies for Receivables Turnover. This places Startline Co in the top 25% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.42. Startline Co's value of 4.83 is 24.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Business Services company?
The median Receivables Turnover among Business Services companies is 6.42, based on 1,061 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Startline Co's current Receivables Turnover of 4.83 is 24.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Startline Co and its competitors. For the Business Services industry, the median Receivables Turnover is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Startline Co's current Receivables Turnover is 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Startline Co stock overvalued right now?
Startline Co (TSE:477A) has a current Receivables Turnover of 4.83. The current Receivables Turnover is 4.83 and 24.8% below the Business Services industry median of 6.42. Startline Co's overall GF Score™ is 7/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Startline Co (TSE:477A), the current Receivables Turnover is 4.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Startline Co Business Description

Address 1-12-17 Kamirenjaku, Mitaka Business Park Building 1, 3rd Floor, Mitaka-shi, Tokyo, JPN, 181-0012
Startline Co Ltd is engaged in employment and vocational support services for persons with disabilities.
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