Kubota (TSE:6326) Receivables Turnover : 0.79 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Kubota 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. Kubota's Revenue for the three months ended in Dec. 2023 was 円762,480 Mil. Kubota's average Accounts Receivable for the three months ended in Dec. 2023 was 円961,141 Mil. Hence, Kubota's Receivables Turnover for the three months ended in Dec. 2023 was 0.79.

Kubota Receivables Turnover Historical Data

The historical data trend for Kubota'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.

Kubota Receivables Turnover Chart

Kubota Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

2.86

2.91

3.77

3.95

3.50

Kubota Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.94	0.91	0.79	0.78	0.79

Competitive Comparison of Kubota's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Kubota'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.

Kubota's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Receivables Turnover distribution charts can be found below:

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

Kubota Receivables Turnover Calculation

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

Kubota'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 )
=	3020711	/ (	(779385	+	945490)	/	2 )
=	3020711	/	862437.5
=	3.50

Kubota's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	762480	/ (	(976792	+	945490)	/	2 )
=	762480	/	961141
=	0.79

Kubota (TSE:6326) 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.

Kubota Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Kubota's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Kubota (TSE:6326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kubota Corp (TSE:6326) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KUBTY:USA KUBTF:USA KUO1:Germany

Address

2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601

Website

http://www.kubota.co.jp

Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.

Kubota (TSE:6326) Headlines

No Headlines