Tomoe Engineering Co (TSE:6309) Receivables Turnover: 2.23 (As of Apr. 2026)

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TSE:6309 Tomoe Engineering Co Ltd TSE:6309
84 GF Score
Price 円1,943.00
GF Value 円1,625.78
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Tomoe Engineering Co Receivables Turnover?

Tomoe Engineering Co TSE:6309 +0.15% 84 Receivables Turnover is 2.23 as of Apr. 2026. GuruFocus rates TSE:6309 with a GF Score™ of 84/100 and a GF Value™ of 円1,625.78 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,032 Industrial Products companies, Tomoe Engineering Co ranks worse than 56% 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. Tomoe Engineering Co's Revenue for the six months ended in Apr. 2026 was 円30,849 Mil. Tomoe Engineering Co's average Accounts Receivable for the six months ended in Apr. 2026 was 円13,853 Mil. Hence, Tomoe Engineering Co's Receivables Turnover for the six months ended in Apr. 2026 was 2.23.


Tomoe Engineering Co  (TSE:6309) 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.


Tomoe Engineering Co Receivables Turnover Related Terms


Tomoe Engineering Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tomoe Engineering 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.

Tomoe Engineering Co Receivables Turnover Chart

Tomoe Engineering Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.09 3.65 3.77 3.90 4.36

Tomoe Engineering Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 2.06 1.93 2.16 1.94 2.23

TSE:6309 vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Tomoe Engineering 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.


Tomoe Engineering Co Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where Tomoe Engineering Co's Receivables Turnover falls into.


TSE:6309
84GF Score
Tomoe Engineering Co Ltd TSE:6309
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tomoe Engineering Co Receivables Turnover Calculation

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

Tomoe Engineering Co's Receivables Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Receivables Turnover (A: Oct. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2025 ) / ((Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Oct. 2025 )) / count )
=59365.47 / ((13697.782 + 13547.857) / 2 )
=59365.47 / 13622.8195
=4.36

Tomoe Engineering Co's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Oct. 2025 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=30849 / ((13547.857 + 14158) / 2 )
=30849 / 13852.9285
=2.23

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.23 mean?
Tomoe Engineering Co (TSE:6309) has a Receivables Turnover of 2.23 as of Apr. 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 Tomoe Engineering Co and its competitors. According to the industry distribution chart, Tomoe Engineering Co ranks #1698 out of 3032 companies in the Industrial Products industry, placing it in the top 56%.
Is Tomoe Engineering Co's Receivables Turnover too high?
Tomoe Engineering Co's current Receivables Turnover is 2.23. The Industrial Products industry median Receivables Turnover is 4.48. Tomoe Engineering Co's value of 2.23 is 50.2% below this industry median. Based on the distribution chart, Tomoe Engineering Co ranks #1698 out of 3032 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tomoe Engineering Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomoe Engineering Co's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tomoe Engineering Co ranks #1698 out of 3032 companies for Receivables Turnover. This places Tomoe Engineering Co in the lower half of its industry. The industry median Receivables Turnover is 4.48. Tomoe Engineering Co's value of 2.23 is 50.2% 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 4.48, based on 3,032 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. Tomoe Engineering Co's current Receivables Turnover of 2.23 is 50.2% 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 Tomoe Engineering Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomoe Engineering Co's current Receivables Turnover is 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoe Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Tomoe Engineering Co (TSE:6309) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,625.78, compared to a current price of 円1,943.00 — trading 19.5% above its estimated fair value. The current Receivables Turnover is 2.23 and 50.2% below the Industrial Products industry median of 4.48. Tomoe Engineering Co's overall GF Score™ is 84/100 with 1 warning sign 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 Tomoe Engineering Co (TSE:6309), the current Receivables Turnover is 2.23 as of Apr. 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 Tomoe Engineering Co (TSE:6309) Overvalued in 2026?

Based on GuruFocus' analysis, Tomoe Engineering Co stock appears to be overvalued. The current stock price of 円1,943.00 is trading 19.5% above its estimated GF Value™ of 円1,625.78. GuruFocus considers Tomoe Engineering Co to be Modestly Overvalued.

Key valuation signals for TSE:6309:

  • Receivables Turnover: 2.23
  • GF Value™: 円1,625.78 vs. price of 円1,943.00 (19.5% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 50.2% below the Industrial Products median (#1698 of 3032)

No single metric tells the full story. See the TSE:6309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomoe Engineering Co Business Description

Address 5-15 Kitashinagawa 5-chome, Osaki Bright Core, Shinagawa-ku, Tokyo, JPN, 141-0001
Tomoe Engineering Co Ltd is engaged in the manufacture and sale of centrifuges and the supply of chemical industrial products. Its product portfolio comprises centrifugal separators for applications in different industries, including wastewater and sludge treatment, food, animal feed, energy, biology, chemicals, and others. In addition, the group offers different industrial chemical products such as synthetic resins, alumina hydrate, electrode paste, UV curing resins, zirconia, silica fume, etc. The group's reportable segments are Chemical industrial product sales business, which generates maximum revenue, and the Machinery manufacturing and sales business.
84GF Score

Get the complete analysis for TSE:6309

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,943.00
Price
円1,625.78
GF Value