Hosokawa Micron (TSE:6277) Receivables Turnover : 0.97 (As of Mar. 2024)

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What is Hosokawa Micron 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. Hosokawa Micron's Revenue for the three months ended in Mar. 2024 was 円21,218 Mil. Hosokawa Micron's average Accounts Receivable for the three months ended in Mar. 2024 was 円21,808 Mil. Hence, Hosokawa Micron's Receivables Turnover for the three months ended in Mar. 2024 was 0.97.

Hosokawa Micron Receivables Turnover Historical Data

The historical data trend for Hosokawa Micron'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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Hosokawa Micron Receivables Turnover Chart

Hosokawa Micron Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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4.51

4.06

3.97

3.99

3.97

Hosokawa Micron 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															1.03	1.00	1.09	0.90	0.97

Competitive Comparison of Hosokawa Micron's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Hosokawa Micron'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.

Hosokawa Micron's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hosokawa Micron's Receivables Turnover distribution charts can be found below:

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

Hosokawa Micron Receivables Turnover Calculation

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

Hosokawa Micron's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	79531	/ (	(17043	+	22988)	/	2 )
=	79531	/	20015.5
=	3.97

Hosokawa Micron'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 )
=	21218	/ (	(21917	+	21698)	/	2 )
=	21218	/	21807.5
=	0.97

Hosokawa Micron (TSE:6277) 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.

Hosokawa Micron Receivables Turnover Related Terms

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Hosokawa Micron (TSE:6277) Business Description

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Address

1-9, Shodaitadika, Hirakata-shi, Osaka, JPN, 573-1132

Website

http://www.hosokawamicron.co.jp

Hosokawa Micron Corp is a Japan based provider of process solutions in the field of powder and particle processing technology, blown film technology, and confectionery technology. The company's products have applications in nanoparticle technology and particle design, clean air and containment and environmental protection technology, toll processing and contract manufacturing, blown film technology and material business. Additionally, it also offers solutions to various industries such as energy, automobile, chemicals, minerals, pharmaceuticals, food and polymer drying and metal. The company has a business presence in Japan and other countries.

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