Elements (TSE:5246) Receivables Turnover: 3.41 (As of May. 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:5246 Elements Inc TSE:5246
61 GF Score
Price 円757.00
GF Value 円1,489.01
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Elements Receivables Turnover?

Elements TSE:5246 +0.93% 61 Receivables Turnover is 3.41 as of May. 2026. GuruFocus rates TSE:5246 with a GF Score™ of 61/100 and a GF Value™ of 円1,489.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,784 Software companies, Elements ranks worse than 53.59% 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. Elements's Revenue for the six months ended in May. 2026 was 円2,799 Mil. Elements's average Accounts Receivable for the six months ended in May. 2026 was 円821 Mil. Hence, Elements's Receivables Turnover for the six months ended in May. 2026 was 3.41.


Elements  (TSE:5246) 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.


Elements Receivables Turnover Related Terms


Elements Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Elements'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.

Elements Receivables Turnover Chart

Elements Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Receivables Turnover
Get a 7-Day Free Trial 8.38 8.88 7.14 6.65 6.78

Elements Semi-Annual Data
Nov20 Nov21 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 3.65 2.27 2.38 3.41

TSE:5246 vs QH, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, Elements'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.


Elements Receivables Turnover vs Software Industry

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

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


TSE:5246
61GF Score
Elements Inc TSE:5246
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elements Receivables Turnover Calculation

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

Elements's Receivables Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Receivables Turnover (A: Nov. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2025 ) / ((Accounts Receivable (A: Nov. 2024 ) + Accounts Receivable (A: Nov. 2025 )) / count )
=3895.112 / ((391.581 + 757.489) / 2 )
=3895.112 / 574.535
=6.78

Elements's Receivables Turnover for the quarter that ended in May. 2026 is calculated as

Receivables Turnover (Q: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: May. 2026 )) / count )
=2799.005 / ((757.489 + 883.876) / 2 )
=2799.005 / 820.6825
=3.41

* 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 3.41 mean?
Elements (TSE:5246) has a Receivables Turnover of 3.41 as of May. 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 Elements and its competitors. According to the industry distribution chart, Elements ranks #1492 out of 2784 companies in the Software industry, placing it in the top 53.6%.
Is Elements' Receivables Turnover too high?
Elements' current Receivables Turnover is 3.41. The Software industry median Receivables Turnover is 5.78. Elements' value of 3.41 is 41% below this industry median. Based on the distribution chart, Elements ranks #1492 out of 2784 companies in the Software industry, which is below the industry midpoint. Overall, Elements has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elements' Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Elements ranks #1492 out of 2784 companies for Receivables Turnover. This places Elements in the lower half of its industry. The industry median Receivables Turnover is 5.78. Elements' value of 3.41 is 41% 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 Software company?
The median Receivables Turnover among Software companies is 5.78, based on 2,784 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. Elements's current Receivables Turnover of 3.41 is 41% 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 Elements and its competitors. For the Software industry, the median Receivables Turnover is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elements's current Receivables Turnover is 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elements stock overvalued right now?
Based on GuruFocus' analysis, Elements (TSE:5246) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,489.01, compared to a current price of 円757.00 — trading 49.2% below its estimated fair value. The current Receivables Turnover is 3.41 and 41% below the Software industry median of 5.78. Elements' overall GF Score™ is 61/100 with 4 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 Elements (TSE:5246), the current Receivables Turnover is 3.41 as of May. 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 Elements (TSE:5246) Overvalued in 2026?

Based on GuruFocus' analysis, Elements stock appears to be undervalued. The current stock price of 円757.00 is trading 49.2% below its estimated GF Value™ of 円1,489.01. GuruFocus considers Elements to be Possible Value Trap.

Key valuation signals for TSE:5246:

  • Receivables Turnover: 3.41
  • GF Value™: 円1,489.01 vs. price of 円757.00 (49.2% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 41% below the Software median (#1492 of 2784)

No single metric tells the full story. See the TSE:5246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elements Business Description

Address 1-6-1 Otemachi, 2th Floor, Otemachi Building, Chiyoda-ku, Tokyo, JPN, 100-0004
Elements Inc is engaged in the development and provision of personal authentication solutions such as LIQUID eKYC, an online identity verification service, that utilizes biometrics, image analysis and machine learning technologies, as well as personal optimization solutions for clothing, food and shelter.
61GF Score

Get the complete analysis for TSE:5246

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

円757.00
Price
円1,489.01
GF Value