GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SEC CARBON Ltd (TSE:5304) » Definitions » Receivables Turnover

SEC CARBON (TSE:5304) Receivables Turnover : 0.98 (As of Dec. 2023)


View and export this data going back to 1963. Start your Free Trial

What is SEC CARBON 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. SEC CARBON's Revenue for the three months ended in Dec. 2023 was 円9,419 Mil. SEC CARBON's average Accounts Receivable for the three months ended in Dec. 2023 was 円9,660 Mil. Hence, SEC CARBON's Receivables Turnover for the three months ended in Dec. 2023 was 0.98.


SEC CARBON Receivables Turnover Historical Data

The historical data trend for SEC CARBON'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.

SEC CARBON Receivables Turnover Chart

SEC CARBON 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 3.43 2.75 3.32 3.29 2.98

SEC CARBON 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 1.06 0.76 0.89 0.98 0.95

Competitive Comparison of SEC CARBON's Receivables Turnover

For the Specialty Chemicals subindustry, SEC CARBON'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.


SEC CARBON's Receivables Turnover Distribution in the Chemicals Industry

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

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



SEC CARBON Receivables Turnover Calculation

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

SEC CARBON'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 )
=37307 / ((11590 + 13433) / 2 )
=37307 / 12511.5
=2.98

SEC CARBON'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 )
=9419 / ((9425 + 9894) / 2 )
=9419 / 9659.5
=0.98

* 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.


SEC CARBON  (TSE:5304) 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.


SEC CARBON Receivables Turnover Related Terms

Thank you for viewing the detailed overview of SEC CARBON's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


SEC CARBON (TSE:5304) Business Description

Traded in Other Exchanges
N/A
Address
1-2-6 Shioe, Amagasaki, Hyogo, JPN
SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.

SEC CARBON (TSE:5304) Headlines

No Headlines