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A-One Seimitsu (TSE:6156) Receivables Turnover : 1.26 (As of Mar. 2024)


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What is A-One Seimitsu 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. A-One Seimitsu's Revenue for the three months ended in Mar. 2024 was 円389 Mil. A-One Seimitsu's average Accounts Receivable for the three months ended in Mar. 2024 was 円307 Mil. Hence, A-One Seimitsu's Receivables Turnover for the three months ended in Mar. 2024 was 1.26.


A-One Seimitsu Receivables Turnover Historical Data

The historical data trend for A-One Seimitsu'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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A-One Seimitsu Receivables Turnover Chart

A-One Seimitsu Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 4.45 4.46 4.71 4.92

A-One Seimitsu 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 1.21 1.24 1.23 1.26 1.26

Competitive Comparison of A-One Seimitsu's Receivables Turnover

For the Tools & Accessories subindustry, A-One Seimitsu'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.


A-One Seimitsu's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A-One Seimitsu's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where A-One Seimitsu's Receivables Turnover falls into.



A-One Seimitsu Receivables Turnover Calculation

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

A-One Seimitsu's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=1755.258 / ((386.287 + 327.117) / 2 )
=1755.258 / 356.702
=4.92

A-One Seimitsu's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=388.595 / ((310.424 + 304.524) / 2 )
=388.595 / 307.474
=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.


A-One Seimitsu  (TSE:6156) 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.


A-One Seimitsu Receivables Turnover Related Terms

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A-One Seimitsu (TSE:6156) Business Description

Traded in Other Exchanges
N/A
Address
2-20-5 Bubai-cho, Fuchu-shi, Tokyo, JPN, 183-0033
A-One Seimitsu Inc is engaged in the manufacturing of various collet chuck, guide bush, cutting tools, various dedicated machines, and cams for automatic lathes. It also manufactures cutting tool re-polishing, special cutting tool.

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