Elements (TSE:5246) Receivables Turnover : 0.00 (As of Nov. 2024)

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What is Elements 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. Elements's Revenue for the three months ended in Nov. 2024 was 円0 Mil. Elements's average Accounts Receivable for the three months ended in Nov. 2024 was 円366 Mil.

Elements Receivables Turnover Historical Data

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.

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Elements Receivables Turnover Chart

Elements Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Nov24

Receivables Turnover

7.72

8.38

8.88

7.14

6.65

Elements Quarterly Data
	Nov20	Nov21	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
Receivables Turnover	Get a 7-Day Free Trial						2.30	1.91	1.40	2.66	-

Competitive Comparison of Elements's Receivables Turnover

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's Receivables Turnover Distribution in the 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.

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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. 2024 is calculated as

	Receivables Turnover (A: Nov. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2024 )	/ (	(Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Nov. 2024 ))	/	count )
=	2545.724	/ (	(373.925	+	391.581)	/	2 )
=	2545.724	/	382.753
=	6.65

Elements's Receivables Turnover for the quarter that ended in Nov. 2024 is calculated as

	Receivables Turnover (Q: Nov. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2024 )	/ (	(Accounts Receivable (Q: May. 2024 )	+	Accounts Receivable (Q: Nov. 2024 ))	/	count )
=	0	/ (	(341.4	+	391.581)	/	2 )
=	0	/	366.4905
=	N/A

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

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Elements Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Elements Inc (TSE:5246) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-1 Otemachi, 2th Floor, Otemachi Building, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.elementsinc.jp

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.

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