GRID (TSE:5582) Receivables Turnover : 0.00 (As of Dec. 2024)

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What is GRID 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. GRID's Revenue for the three months ended in Dec. 2024 was 円0 Mil. GRID's average Accounts Receivable for the three months ended in Dec. 2024 was 円466 Mil.

GRID Receivables Turnover Historical Data

The historical data trend for GRID'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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GRID Receivables Turnover Chart

GRID Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

3.44

4.54

4.00

3.87

GRID Quarterly Data
	Jun21	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				0.58	0.90	0.63	1.14	-

Competitive Comparison of GRID's Receivables Turnover

For the Software - Infrastructure subindustry, GRID'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.

GRID's Receivables Turnover Distribution in the Software Industry

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

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

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GRID Receivables Turnover Calculation

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

GRID's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	1652.097	/ (	(481.155	+	371.644)	/	2 )
=	1652.097	/	426.3995
=	3.87

GRID's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0	/ (	(371.644	+	559.761)	/	2 )
=	0	/	465.7025
=	N/A

GRID (TSE:5582) 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.

GRID Receivables Turnover Related Terms

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GRID Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GRID Inc (TSE:5582) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-7 Kitaaoyama, 6th Floor Ao Building, Minato-ku, Tokyo, JPN, 107-0061

Website

https://www.gridpredict.jp

GRID Inc is engaged in the Development, sale, maintenance, and operation support of planning optimization systems using artificial intelligence. The company solves complex problems by using digital twin technology, which reproduces real space in digital space, with AI optimization technology.

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