Corona (TSE:5909) Receivables Turnover: 1.26 (As of Mar. 2026)

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TSE:5909 Corona Corp TSE:5909
67 GF Score
Price 円967.00
GF Value 円968.70
Valuation Fairly Valued
! 6 Warning Signs
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What is Corona Receivables Turnover?

Corona TSE:5909 +0.42% 67 Receivables Turnover is 1.26 as of Mar. 2026. GuruFocus rates TSE:5909 with a GF Score™ of 67/100 and a GF Value™ of 円968.70 (Fairly Valued). The stock has 6 warning signs investors should review. Among 430 Furnishings, Fixtures & Appliances companies, Corona ranks worse than 54.42% 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. Corona's Revenue for the three months ended in Mar. 2026 was 円16,090 Mil. Corona's average Accounts Receivable for the three months ended in Mar. 2026 was 円12,780 Mil. Hence, Corona's Receivables Turnover for the three months ended in Mar. 2026 was 1.26.


Corona  (TSE:5909) 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.


Corona Receivables Turnover Related Terms


Corona Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Corona'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.

Corona Receivables Turnover Chart

Corona Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.91 9.66 8.93 9.00 9.31

Corona Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.71 1.60 1.86 1.26 1.92

TSE:5909 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Corona'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.


Corona Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Corona's Receivables Turnover distribution charts can be found below:

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


TSE:5909
67GF Score
Corona Corp TSE:5909
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Corona Receivables Turnover Calculation

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

Corona'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 )
=85338 / ((9746 + 8582) / 2 )
=85338 / 9164
=9.31

Corona'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=16090 / ((16978 + 8582) / 2 )
=16090 / 12780
=1.26

* 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 1.26 mean?
Corona (TSE:5909) has a Receivables Turnover of 1.26 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 Corona and its competitors. According to the industry distribution chart, Corona ranks #234 out of 430 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 54.4%.
Is Corona's Receivables Turnover too high?
Corona's current Receivables Turnover is 1.26. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.11. Corona's value of 1.26 is 82.3% below this industry median. Based on the distribution chart, Corona ranks #234 out of 430 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Corona has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corona's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Corona ranks #234 out of 430 companies for Receivables Turnover. This places Corona in the lower half of its industry. The industry median Receivables Turnover is 7.11. Corona's value of 1.26 is 82.3% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.11, based on 430 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. Corona's current Receivables Turnover of 1.26 is 82.3% 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 Corona and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corona's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corona stock overvalued right now?
Based on GuruFocus' analysis, Corona (TSE:5909) is currently considered Fairly Valued. The stock's GF Value™ is 円968.70, compared to a current price of 円967.00 — trading 0.2% below its estimated fair value. The current Receivables Turnover is 1.26 and 82.3% below the Furnishings, Fixtures & Appliances industry median of 7.11. Corona's overall GF Score™ is 67/100 with 6 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 Corona (TSE:5909), the current Receivables Turnover is 1.26 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 Corona (TSE:5909) Overvalued in 2026?

Based on GuruFocus' analysis, Corona stock appears to be undervalued. The current stock price of 円967.00 is trading 0.2% below its estimated GF Value™ of 円968.70. GuruFocus considers Corona to be Fairly Valued.

Key valuation signals for TSE:5909:

  • Receivables Turnover: 1.26
  • GF Value™: 円968.70 vs. price of 円967.00 (0.2% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 82.3% below the Furnishings, Fixtures & Appliances median (#234 of 430)

No single metric tells the full story. See the TSE:5909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corona Business Description

Address 7-7 Higashi-shinbo, Sanjo, Niigata, JPN, 955-8510
Corona Corp engages in the manufacture and sale of heating, air-conditioning and household appliances. It also provides pressure type kerosene cooking stoves; developing a set of technological skills generating epoch-making products; manufacturer of kerosene heating appliances; kerosene combustion technology of the pressure type kerosene heaters; and related supplementary services. Its products include heating appliances such as patented hand clean tanks, kerosene fan heaters and portable kerosene heaters.
67GF Score

Get the complete analysis for TSE:5909

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

円967.00
Price
円968.70
GF Value