Japan Pure Chemical Co (TSE:4973) Receivables Turnover: 6.22 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4973 Japan Pure Chemical Co Ltd TSE:4973
71 GF Score
Price 円4,285.00
GF Value 円4,591.05
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Japan Pure Chemical Co Receivables Turnover?

Japan Pure Chemical Co TSE:4973 +2.15% 71 Receivables Turnover is 6.22 as of Mar. 2026. GuruFocus rates TSE:4973 with a GF Score™ of 71/100 and a GF Value™ of 円4,591.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,577 Chemicals companies, Japan Pure Chemical Co ranks better than 85.73% 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. Japan Pure Chemical Co's Revenue for the six months ended in Mar. 2026 was 円10,537 Mil. Japan Pure Chemical Co's average Accounts Receivable for the six months ended in Mar. 2026 was 円1,695 Mil. Hence, Japan Pure Chemical Co's Receivables Turnover for the six months ended in Mar. 2026 was 6.22.


Japan Pure Chemical Co  (TSE:4973) 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.


Japan Pure Chemical Co Receivables Turnover Related Terms


Japan Pure Chemical Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Japan Pure Chemical 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.

Japan Pure Chemical Co Receivables Turnover Chart

Japan Pure Chemical Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 8.01 9.90 11.12 12.18

Japan Pure Chemical Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.39 5.14 5.28 5.78 6.22

TSE:4973 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Japan Pure Chemical 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.


Japan Pure Chemical Co Receivables Turnover vs Chemicals Industry

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

* The bar in red indicates where Japan Pure Chemical Co's Receivables Turnover falls into.


TSE:4973
71GF Score
Japan Pure Chemical Co Ltd TSE:4973
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Pure Chemical Co Receivables Turnover Calculation

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

Japan Pure Chemical 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 )
=18073.141 / ((1092.526 + 1874.662) / 2 )
=18073.141 / 1483.594
=12.18

Japan Pure Chemical 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 )
=10537 / ((1516.035 + 1874.662) / 2 )
=10537 / 1695.3485
=6.22

* 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 6.22 mean?
Japan Pure Chemical Co (TSE:4973) has a Receivables Turnover of 6.22 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 Japan Pure Chemical Co and its competitors. According to the industry distribution chart, Japan Pure Chemical Co ranks #225 out of 1577 companies in the Chemicals industry, placing it in the top 14.3%.
Is Japan Pure Chemical Co's Receivables Turnover too high?
Japan Pure Chemical Co's current Receivables Turnover is 6.22. The Chemicals industry median Receivables Turnover is 5.60. Japan Pure Chemical Co's value of 6.22 is 11.1% above this industry median. Based on the distribution chart, Japan Pure Chemical Co ranks #225 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Pure Chemical Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Pure Chemical Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Japan Pure Chemical Co ranks #225 out of 1577 companies for Receivables Turnover. This places Japan Pure Chemical Co in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.60. Japan Pure Chemical Co's value of 6.22 is 11.1% above 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Japan Pure Chemical Co's current Receivables Turnover of 6.22 is 11.1% above 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 Japan Pure Chemical Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Pure Chemical Co's current Receivables Turnover is 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Pure Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Pure Chemical Co (TSE:4973) is currently considered Fairly Valued. The stock's GF Value™ is 円4,591.05, compared to a current price of 円4,285.00 — trading 6.7% below its estimated fair value. The current Receivables Turnover is 6.22 and 11.1% above the Chemicals industry median of 5.60. Japan Pure Chemical Co's overall GF Score™ is 71/100 with 5 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 Japan Pure Chemical Co (TSE:4973), the current Receivables Turnover is 6.22 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.

Is Japan Pure Chemical Co (TSE:4973) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Pure Chemical Co stock appears to be undervalued. The current stock price of 円4,285.00 is trading 6.7% below its estimated GF Value™ of 円4,591.05. GuruFocus considers Japan Pure Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4973:

  • Receivables Turnover: 6.22
  • GF Value™: 円4,591.05 vs. price of 円4,285.00 (6.7% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 11.1% above the Chemicals median (#225 of 1577)

No single metric tells the full story. See the TSE:4973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Pure Chemical Co Business Description

Address 3-10-18 Kitamachi, Nerima-ku, Tokyo, JPN, 179-0081
Japan Pure Chemical Co Ltd develops, manufactures, and sells precious metal plating chemicals for electronic devices in Japan. It offers gold electroplating formulation for semiconductor applications such as connector and soldering uses; and palladium electroplating formulation for the connector, lead frame, and decorative uses. The firm also provides a gold coating for soldering and wire bonding; electroless palladium plating formulation for wire bonding and soldering uses; and silver plating formulations. In addition, it offers strike gold plating formulation that enhances the adherence of plated coatings.
71GF Score

Get the complete analysis for TSE:4973

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円4,285.00
Price
円4,591.05
GF Value