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Nikko CoTSE:6306 -0.61%87 Receivables Turnover is 3.21 as of Mar. 2026. GuruFocus rates TSE:6306 with a GF Score™ of 87/100 and a GF Value™ of 円836.16 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Nikko Co ranks better than 51.9% 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. Nikko Co's Revenue for the
six
months ended in Mar. 2026 was 円28,255 Mil. Nikko Co's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円8,814 Mil.
Hence, Nikko Co's Receivables Turnover for the
six
months ended in Mar. 2026 was 3.21.
Nikko Co (TSE:6306) 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.
Nikko Co Receivables Turnover Related Terms
Nikko Co Receivables Turnover Historical Data
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The historical data trend for Nikko Co'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:6306 vs CAT, DE, PCAR: Receivables Turnover Comparison
For the Farm & Heavy Construction Machinery subindustry, Nikko Co'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.
Nikko Co Receivables Turnover vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikko Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nikko Co'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.
Nikko Co (TSE:6306) has a Receivables Turnover of 3.21 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 Nikko Co and its competitors. According to the industry distribution chart, Nikko Co ranks #101 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 48.1%.
Is Nikko Co's Receivables Turnover too high?
Nikko Co's current Receivables Turnover is 3.21. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.97. Nikko Co's value of 3.21 is 35.4% below this industry median. Based on the distribution chart, Nikko Co ranks #101 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Nikko Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikko Co's Receivables Turnover compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Nikko Co ranks #101 out of 210 companies for Receivables Turnover. This puts Nikko Co in the upper half of its industry. The industry median Receivables Turnover is 4.97. Nikko Co's value of 3.21 is 35.4% 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 Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.97, based on 210 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. Nikko Co's current Receivables Turnover of 3.21 is 35.4% 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 Nikko Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikko Co's current Receivables Turnover is 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikko Co stock overvalued right now?
Based on GuruFocus' analysis, Nikko Co (TSE:6306) is currently considered Modestly Overvalued. The stock's GF Value™ is 円836.16, compared to a current price of 円972.00 — trading 16.2% above its estimated fair value. The current Receivables Turnover is 3.21 and 35.4% below the Farm & Heavy Construction Machinery industry median of 4.97. Nikko Co's overall GF Score™ is 87/100 with 7 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 Nikko Co (TSE:6306), the current Receivables Turnover is 3.21 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 Nikko Co (TSE:6306) Overvalued in 2026?
Based on GuruFocus' analysis, Nikko Co stock appears to be overvalued.
The current stock price of 円972.00 is trading 16.2% above its estimated GF Value™ of 円836.16.
GuruFocus considers Nikko Co to be Modestly Overvalued.
Key valuation signals for TSE:6306:
Receivables Turnover: 3.21
GF Value™: 円836.16 vs. price of 円972.00 (16.2% above fair value)
Industry Position: 35.4% below the Farm & Heavy Construction Machinery median (#101 of 210)
No single metric tells the full story. See the TSE:6306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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