Gantan Beauty Industry Co (TSE:5935) Receivables Turnover : 1.77 (As of Dec. 2023)

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What is Gantan Beauty Industry Co 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. Gantan Beauty Industry Co's Revenue for the three months ended in Dec. 2023 was 円4,216 Mil. Gantan Beauty Industry Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,376 Mil. Hence, Gantan Beauty Industry Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.77.

Gantan Beauty Industry Co Receivables Turnover Historical Data

The historical data trend for Gantan Beauty Industry Co'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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Gantan Beauty Industry Co Receivables Turnover Chart

Gantan Beauty Industry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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5.78

7.08

6.51

6.66

8.50

Gantan Beauty Industry Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.52	1.21	1.62	1.67	1.77

Competitive Comparison of Gantan Beauty Industry Co's Receivables Turnover

For the Building Products & Equipment subindustry, Gantan Beauty Industry Co'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.

Gantan Beauty Industry Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gantan Beauty Industry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gantan Beauty Industry Co's Receivables Turnover falls into.

Gantan Beauty Industry Co Receivables Turnover Calculation

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

Gantan Beauty Industry Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	13662.637	/ (	(1564.061	+	1651.719)	/	2 )
=	13662.637	/	1607.89
=	8.50

Gantan Beauty Industry Co'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 )
=	4216.026	/ (	(2364.805	+	2387.011)	/	2 )
=	4216.026	/	2375.908
=	1.77

Gantan Beauty Industry Co (TSE:5935) 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.

Gantan Beauty Industry Co Receivables Turnover Related Terms

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Gantan Beauty Industry Co (TSE:5935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gantan Beauty Industry Co Ltd (TSE:5935) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

1-1-21 Shonandai, Kanagawa Prefecture, Fujisawa, JPN, 252-0804

Website

http://www.gantan.co.jp

Gantan Beauty Industry Co., Ltd. manufactures and sells metal roof products. It also provides design and construction services & environment-friendly products, such as a photovoltaic power generation system and waterproof sheet roof materials. It also manufactures and sales of waterproof sheet roof materials and contracted design and construction services.

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