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.
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.
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. Techno Smart's Revenue for the
three
months ended in Mar. 2026 was 円4,598 Mil. Techno Smart's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円6,935 Mil.
Hence, Techno Smart's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.66.
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.
Techno Smart Receivables Turnover Related Terms
Techno Smart Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Techno Smart'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.
TSE:6246 vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Techno Smart'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.
Techno Smart Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Techno Smart's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Techno Smart's Receivables Turnover falls into.
* 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.
Techno Smart (TSE:6246) has a Receivables Turnover of 0.66 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 Techno Smart and its competitors. According to the industry distribution chart, Techno Smart ranks #1696 out of 3034 companies in the Industrial Products industry, placing it in the top 55.9%.
Is Techno Smart's Receivables Turnover too high?
Techno Smart's current Receivables Turnover is 0.66. The Industrial Products industry median Receivables Turnover is 4.45. Techno Smart's value of 0.66 is 85.2% below this industry median. Based on the distribution chart, Techno Smart ranks #1696 out of 3034 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Techno Smart has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techno Smart's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Techno Smart ranks #1696 out of 3034 companies for Receivables Turnover. This places Techno Smart in the lower half of its industry. The industry median Receivables Turnover is 4.45. Techno Smart's value of 0.66 is 85.2% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. Techno Smart's current Receivables Turnover of 0.66 is 85.2% 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 Techno Smart and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Smart's current Receivables Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Smart stock overvalued right now?
Based on GuruFocus' analysis, Techno Smart (TSE:6246) is currently considered Fairly Valued. The stock's GF Value™ is 円1,973.06, compared to a current price of 円1,870.00 — trading 5.2% below its estimated fair value. The current Receivables Turnover is 0.66 and 85.2% below the Industrial Products industry median of 4.45. Techno Smart's overall GF Score™ is 85/100 with 3 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 Techno Smart (TSE:6246), the current Receivables Turnover is 0.66 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 Techno Smart (TSE:6246) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Smart stock appears to be undervalued.
The current stock price of 円1,870.00 is trading 5.2% below its estimated GF Value™ of 円1,973.06.
GuruFocus considers Techno Smart to be Fairly Valued.
Key valuation signals for TSE:6246:
Receivables Turnover: 0.66
GF Value™: 円1,973.06 vs. price of 円1,870.00 (5.2% below fair value)
Industry Position: 85.2% below the Industrial Products median (#1696 of 3034)
No single metric tells the full story. See the TSE:6246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Smart Corp is based in Japan. The company operates in a single segment, the machinery and equipment manufacturing industry, and designs, manufactures, installs and sells various dryers, principally coating and drying equipment used to impart various functionalities to substrates such as film, metal foil and paper, as well as heat treatment equipment, chemical engineering equipment and other industrial machinery.
85GF Score
Get the complete analysis for TSE:6246
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6246 has been successfully added to your 
