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GMO Media (TSE:6180) Receivables Turnover : 1.26 (As of Jun. 2024)


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What is GMO Media 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. GMO Media's Revenue for the three months ended in Jun. 2024 was 円1,623 Mil. GMO Media's average Accounts Receivable for the three months ended in Jun. 2024 was 円1,291 Mil. Hence, GMO Media's Receivables Turnover for the three months ended in Jun. 2024 was 1.26.


GMO Media Receivables Turnover Historical Data

The historical data trend for GMO Media'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.

* Premium members only.

GMO Media Receivables Turnover Chart

GMO Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.11 6.94 8.45 4.48 5.01

GMO Media Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.13 1.28 1.38 1.33 1.26

Competitive Comparison of GMO Media's Receivables Turnover

For the Internet Content & Information subindustry, GMO Media'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.


GMO Media's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GMO Media's Receivables Turnover distribution charts can be found below:

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



GMO Media Receivables Turnover Calculation

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

GMO Media's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=6266.087 / ((1259.178 + 1241.512) / 2 )
=6266.087 / 1250.345
=5.01

GMO Media's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1623.451 / ((1349.331 + 1232.856) / 2 )
=1623.451 / 1291.0935
=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.


GMO Media  (TSE:6180) 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.


GMO Media Receivables Turnover Related Terms

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GMO Media Business Description

Traded in Other Exchanges
N/A
Address
26-1, Sakuragaoka-cho, Cerulean Tower, Shibuya-ku, Tokyo, JPN, 150-8512
GMO Media Inc is engaged in the media business, other media support business. It provides information through sites, blogs, SNS and other community services. It also provides digital contents such as wallpapers or ringtones.

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