What is Mitsubishi Kakoki Kaisha 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. Mitsubishi Kakoki Kaisha's Revenue for the
three
months ended in Dec. 2023 was 円12,075 Mil. Mitsubishi Kakoki Kaisha's average Accounts Receivable for the
three
months ended in Dec. 2023 was 円19,764 Mil.
Hence, Mitsubishi Kakoki Kaisha's Receivables Turnover for the
three
months ended in Dec. 2023 was 0.61.
Mitsubishi Kakoki Kaisha Receivables Turnover Historical Data
The historical data trend for Mitsubishi Kakoki Kaisha'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.
Competitive Comparison of Mitsubishi Kakoki Kaisha's Receivables Turnover
For the Pollution & Treatment Controls subindustry, Mitsubishi Kakoki Kaisha'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.
Mitsubishi Kakoki Kaisha's Receivables Turnover Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Kakoki Kaisha's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mitsubishi Kakoki Kaisha'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.
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.
Mitsubishi Kakoki Kaisha Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Mitsubishi Kakoki Kaisha's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Mitsubishi Kakoki Kaisha (TSE:6331) Business Description
Mitsubishi Kakoki Kaisha Ltd is a manufacturer of chemical plant equipment. The reportable segments of the company are the Engineering business and the Machinery business. The Engineering business includes city gas and petroleum-related plants, a variety of chemical engineering plants, hydrogen generation plants, sewage treatment equipment, diverse water treatment equipment and related products. The Machinery business includes oil purifiers, a variety of separation and filtration machinery, seawater screening facility mixers and related products. It serves the diversified industries in the fields of energy, chemicals, foodstuffs, pharmaceuticals, air purification, and water and waste treatment. The company has an operational presence across Europe, Mainland China, Taiwan and Thailand.
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