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Placo CoTSE:6347 -0.40%62 Receivables Turnover is 0.59 as of Jun. 2026. GuruFocus rates TSE:6347 with a GF Score™ of 62/100 and a GF Value™ of 円221.17 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,047 Industrial Products companies, Placo Co ranks better than 83.43% 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. Placo Co's Revenue for the
three
months ended in Jun. 2026 was 円591 Mil. Placo Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was 円994 Mil.
Hence, Placo Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.59.
Placo Co (TSE:6347) 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.
Placo Co Receivables Turnover Related Terms
Placo Co Receivables Turnover Historical Data
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The historical data trend for Placo 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:6347 vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Placo 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.
Placo Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Placo Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Placo 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.
Placo Co (TSE:6347) has a Receivables Turnover of 0.59 as of Jun. 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 Placo Co and its competitors. According to the industry distribution chart, Placo Co ranks #505 out of 3047 companies in the Industrial Products industry, placing it in the top 16.6%.
Is Placo Co's Receivables Turnover too high?
Placo Co's current Receivables Turnover is 0.59. The Industrial Products industry median Receivables Turnover is 4.52. Placo Co's value of 0.59 is 86.9% below this industry median. Based on the distribution chart, Placo Co ranks #505 out of 3047 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Placo Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Placo Co's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Placo Co ranks #505 out of 3047 companies for Receivables Turnover. This places Placo Co in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.52. Placo Co's value of 0.59 is 86.9% 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 4.52, based on 3,047 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. Placo Co's current Receivables Turnover of 0.59 is 86.9% 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 Placo Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Placo Co's current Receivables Turnover is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Placo Co stock overvalued right now?
Based on GuruFocus' analysis, Placo Co (TSE:6347) is currently considered Modestly Overvalued. The stock's GF Value™ is 円221.17, compared to a current price of 円249.00 — trading 12.6% above its estimated fair value. The current Receivables Turnover is 0.59 and 86.9% below the Industrial Products industry median of 4.52. Placo Co's overall GF Score™ is 62/100 with 3 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 Placo Co (TSE:6347), the current Receivables Turnover is 0.59 as of Jun. 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 Placo Co (TSE:6347) Overvalued in 2026?
Based on GuruFocus' analysis, Placo Co stock appears to be overvalued.
The current stock price of 円249.00 is trading 12.6% above its estimated GF Value™ of 円221.17.
GuruFocus considers Placo Co to be Modestly Overvalued.
Key valuation signals for TSE:6347:
Receivables Turnover: 0.59
GF Value™: 円221.17 vs. price of 円249.00 (12.6% above fair value)
Industry Position: 86.9% below the Industrial Products median (#505 of 3047)
No single metric tells the full story. See the TSE:6347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Placo Co Ltd is a Japanese manufacturer of the plastic processing machine and recycling equipment. The company offers products such as blown film forming machine, blow molding machine, recycling machine, inflation molding equipment, and others.
62GF Score
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