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IVY Cosmetics (TSE:4918) Receivables Turnover : 0.27 (As of Dec. 2023)


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What is IVY Cosmetics 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. IVY Cosmetics's Revenue for the three months ended in Dec. 2023 was 円229 Mil. IVY Cosmetics's average Accounts Receivable for the three months ended in Dec. 2023 was 円848 Mil. Hence, IVY Cosmetics's Receivables Turnover for the three months ended in Dec. 2023 was 0.27.


IVY Cosmetics Receivables Turnover Historical Data

The historical data trend for IVY Cosmetics'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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IVY Cosmetics Receivables Turnover Chart

IVY Cosmetics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.99 2.30 2.40 2.25

IVY Cosmetics 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 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 0.29 1.49 0.41 1.32 0.27

Competitive Comparison of IVY Cosmetics's Receivables Turnover

For the Household & Personal Products subindustry, IVY Cosmetics'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.


IVY Cosmetics's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IVY Cosmetics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where IVY Cosmetics's Receivables Turnover falls into.



IVY Cosmetics Receivables Turnover Calculation

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

IVY Cosmetics'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 )
=2942.229 / ((1423.423 + 1192.462) / 2 )
=2942.229 / 1307.9425
=2.25

IVY Cosmetics'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 )
=228.9 / ((1314.36 + 382.62) / 2 )
=228.9 / 848.49
=0.27

* 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.


IVY Cosmetics  (TSE:4918) 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.


IVY Cosmetics Receivables Turnover Related Terms

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IVY Cosmetics (TSE:4918) Business Description

Traded in Other Exchanges
N/A
Address
Akasaka 6 - chome, Minato - ku, Ibby Building, No. 18, Tokyo, JPN, 107-8463
IVY Cosmetics Corp manufactures & sells cosmetics, beauty supplements, and beauty-related products. It provides products for skin care, makeup, hair care, body care. Its products include Wrinkle Lotion, Accell Essence, Ivy Formula 30, Basic Ex, & Ateur Grace. It also provides health food/ equipment, substrate/UV countermeasure.

IVY Cosmetics (TSE:4918) Headlines

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