Nulab (TSE:5033) Receivables Turnover: 13.26 (As of Mar. 2026)

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TSE:5033 Nulab Inc TSE:5033
86 GF Score
Price 円849.00
GF Value 円1,092.31
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nulab Receivables Turnover?

Nulab TSE:5033 +1.07% 86 Receivables Turnover is 13.26 as of Mar. 2026. GuruFocus rates TSE:5033 with a GF Score™ of 86/100 and a GF Value™ of 円1,092.31 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,783 Software companies, Nulab ranks better than 94.32% 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. Nulab's Revenue for the six months ended in Mar. 2026 was 円2,240 Mil. Nulab's average Accounts Receivable for the six months ended in Mar. 2026 was 円169 Mil. Hence, Nulab's Receivables Turnover for the six months ended in Mar. 2026 was 13.26.


Nulab  (TSE:5033) 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.


Nulab Receivables Turnover Related Terms


Nulab Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nulab'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.

Nulab Receivables Turnover Chart

Nulab Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 19.74 18.66 21.73 23.69 24.41

Nulab Semi-Annual Data
Mar20 Mar21 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 12.24 12.95 13.25 13.09 13.26

TSE:5033 vs QH, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, Nulab'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.


Nulab Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Nulab's Receivables Turnover distribution charts can be found below:

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


TSE:5033
86GF Score
Nulab Inc TSE:5033
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nulab Receivables Turnover Calculation

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

Nulab'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 )
=4393.663 / ((175.7 + 184.347) / 2 )
=4393.663 / 180.0235
=24.41

Nulab'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 )
=2239.852 / ((153.379 + 184.347) / 2 )
=2239.852 / 168.863
=13.26

* 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 13.26 mean?
Nulab (TSE:5033) has a Receivables Turnover of 13.26 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 Nulab and its competitors. According to the industry distribution chart, Nulab ranks #158 out of 2783 companies in the Software industry, placing it in the top 5.7%.
Is Nulab's Receivables Turnover too high?
Nulab's current Receivables Turnover is 13.26. The Software industry median Receivables Turnover is 5.77. Nulab's value of 13.26 is 129.8% above this industry median. Based on the distribution chart, Nulab ranks #158 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Nulab has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nulab's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Nulab ranks #158 out of 2783 companies for Receivables Turnover. This places Nulab in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.77. Nulab's value of 13.26 is 129.8% 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 Software company?
The median Receivables Turnover among Software companies is 5.77, based on 2,783 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. Nulab's current Receivables Turnover of 13.26 is 129.8% 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 Nulab and its competitors. For the Software industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nulab's current Receivables Turnover is 13.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nulab stock overvalued right now?
Based on GuruFocus' analysis, Nulab (TSE:5033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,092.31, compared to a current price of 円849.00 — trading 22.3% below its estimated fair value. The current Receivables Turnover is 13.26 and 129.8% above the Software industry median of 5.77. Nulab's overall GF Score™ is 86/100 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 Nulab (TSE:5033), the current Receivables Turnover is 13.26 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 Nulab (TSE:5033) Overvalued in 2026?

Based on GuruFocus' analysis, Nulab stock appears to be undervalued. The current stock price of 円849.00 is trading 22.3% below its estimated GF Value™ of 円1,092.31. GuruFocus considers Nulab to be Modestly Undervalued.

Key valuation signals for TSE:5033:

  • Receivables Turnover: 13.26
  • GF Value™: 円1,092.31 vs. price of 円849.00 (22.3% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 129.8% above the Software median (#158 of 2783)

No single metric tells the full story. See the TSE:5033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nulab Business Description

Address 1-8-6 Daimyo, Chuo Ward, Fukuoka Prefecture, Fukuoka, JPN, 810-0041
Nulab Inc is engaged in developing and providing services that promote team collaboration. Its services are Backlog which is a Project management tool; Cacoo is a Visual collaboration tool; Typetalk is a Business chat tool; and Nulab Pass is a tool to strengthen information security and governance in organizations.
86GF Score

Get the complete analysis for TSE:5033

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

円849.00
Price
円1,092.31
GF Value