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Konishi Co (TSE:4956) Receivables Turnover : 0.99 (As of Dec. 2023)


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What is Konishi 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. Konishi Co's Revenue for the three months ended in Dec. 2023 was 円35,535 Mil. Konishi Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円35,994 Mil. Hence, Konishi Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.99.


Konishi Co Receivables Turnover Historical Data

The historical data trend for Konishi 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.

* Premium members only.

Konishi Co Receivables Turnover Chart

Konishi 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 3.51 3.08 3.66 4.23 4.63

Konishi 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 1.01 1.02 0.97 0.99 0.99

Competitive Comparison of Konishi Co's Receivables Turnover

For the Specialty Chemicals subindustry, Konishi 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.


Konishi Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Konishi Co's Receivables Turnover distribution charts can be found below:

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



Konishi Co Receivables Turnover Calculation

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

Konishi Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=132969 / ((29002 + 28488) / 2 )
=132969 / 28745
=4.63

Konishi 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 )
=35535 / ((35441 + 36547) / 2 )
=35535 / 35994
=0.99

* 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.


Konishi Co  (TSE:4956) 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.


Konishi Co Receivables Turnover Related Terms

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Konishi Co (TSE:4956) Business Description

Traded in Other Exchanges
N/A
Address
1-7-1 Dosho-machi, Chuo-ku, Osaka, JPN
Konishi Co Ltd is a Japan based adhesives manufacturer. It serves both household and a commercial product which includes adhesive tapes, wax, detergent etc. Its products are used for household use, for construction material, for interior use, exterior, industrial purpose, sealing. It also provides services to civil engineering such as housing, buildings, seismic reinforcement and repair of condominiums and bridges.

Konishi Co (TSE:4956) Headlines

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