MRT (TSE:6034) Receivables Turnover: 1.85 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6034 MRT Inc TSE:6034
63 GF Score
Price 円638.00
GF Value 円620.44
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is MRT Receivables Turnover?

MRT TSE:6034 63 Receivables Turnover is 1.85 as of Mar. 2026. GuruFocus rates TSE:6034 with a GF Score™ of 63/100 and a GF Value™ of 円620.44 (Fairly Valued). The stock has 4 warning signs investors should review. Among 660 Healthcare Providers & Services companies, MRT ranks better than 53.03% 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. MRT's Revenue for the three months ended in Mar. 2026 was 円907 Mil. MRT's average Accounts Receivable for the three months ended in Mar. 2026 was 円491 Mil. Hence, MRT's Receivables Turnover for the three months ended in Mar. 2026 was 1.85.


MRT  (TSE:6034) 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.


MRT Receivables Turnover Related Terms


MRT Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MRT'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.

MRT Receivables Turnover Chart

MRT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 4.35 5.97 9.74 9.48

MRT Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.04 2.74 2.13 2.05 1.85

TSE:6034 vs HCA, THC, DVA: Receivables Turnover Comparison

For the Medical Care Facilities subindustry, MRT'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.


MRT Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MRT's Receivables Turnover distribution charts can be found below:

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


TSE:6034
63GF Score
MRT Inc TSE:6034
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MRT Receivables Turnover Calculation

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

MRT's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=4191.472 / ((434.266 + 449.726) / 2 )
=4191.472 / 441.996
=9.48

MRT'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 )
=907.316 / ((449.726 + 531.648) / 2 )
=907.316 / 490.687
=1.85

* 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 1.85 mean?
MRT (TSE:6034) has a Receivables Turnover of 1.85 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 MRT and its competitors. According to the industry distribution chart, MRT ranks #310 out of 660 companies in the Healthcare Providers & Services industry, placing it in the top 47%.
Is MRT's Receivables Turnover too high?
MRT's current Receivables Turnover is 1.85. The Healthcare Providers & Services industry median Receivables Turnover is 7.96. MRT's value of 1.85 is 76.8% below this industry median. Based on the distribution chart, MRT ranks #310 out of 660 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, MRT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MRT's Receivables Turnover compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, MRT ranks #310 out of 660 companies for Receivables Turnover. This puts MRT in the upper half of its industry. The industry median Receivables Turnover is 7.96. MRT's value of 1.85 is 76.8% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.96, based on 660 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. MRT's current Receivables Turnover of 1.85 is 76.8% 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 MRT and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRT's current Receivables Turnover is 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRT stock overvalued right now?
Based on GuruFocus' analysis, MRT (TSE:6034) is currently considered Fairly Valued. The stock's GF Value™ is 円620.44, compared to a current price of 円638.00 — trading 2.8% above its estimated fair value. The current Receivables Turnover is 1.85 and 76.8% below the Healthcare Providers & Services industry median of 7.96. MRT's overall GF Score™ is 63/100 with 4 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 MRT (TSE:6034), the current Receivables Turnover is 1.85 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 MRT (TSE:6034) Overvalued in 2026?

Based on GuruFocus' analysis, MRT stock appears to be overvalued. The current stock price of 円638.00 is trading 2.8% above its estimated GF Value™ of 円620.44. GuruFocus considers MRT to be Fairly Valued.

Key valuation signals for TSE:6034:

  • Receivables Turnover: 1.85
  • GF Value™: 円620.44 vs. price of 円638.00 (2.8% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 76.8% below the Healthcare Providers & Services median (#310 of 660)

No single metric tells the full story. See the TSE:6034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRT Business Description

Address 1-18-2 Jinnan, 3rd Floor, Frame Jinnanzaka, Shibuya-ku, Tokyo, JPN, 150-0041
MRT Inc engages in the business of medical personnel placement services through the Internet. It provides part-time and full-time physician referral services through the physician referral site, as well as part-time job referral, job change introduction services to nurses, pharmacists, clinical laboratory technicians, clinical engineers, and radiologists. Further, the company engages in the research and development of analytical and analytical methods for various biological samples, such as microorganisms, blood, proteins, and genes; and research and development, manufacture, and sale of medical and medical examination equipment, and analytical instruments.
63GF Score

Get the complete analysis for TSE:6034

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

円638.00
Price
円620.44
GF Value