Daido Kogyo Co (TSE:6373) Receivables Turnover: 2.35 (As of Sep. 2025)

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TSE:6373 Daido Kogyo Co Ltd TSE:6373
44 GF Score
Price 円1,489.00
GF Value 円883.68
! 9 Warning Signs
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What is Daido Kogyo Co Receivables Turnover?

Daido Kogyo Co TSE:6373 44 Receivables Turnover is 2.35 as of Sep. 2025. GuruFocus rates TSE:6373 with a GF Score™ of 44/100 and a GF Value™ of 円883.68. The stock has 9 warning signs investors should review.

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. Daido Kogyo Co's Revenue for the six months ended in Sep. 2025 was 円29,193 Mil. Daido Kogyo Co's average Accounts Receivable for the six months ended in Sep. 2025 was 円12,445 Mil. Hence, Daido Kogyo Co's Receivables Turnover for the six months ended in Sep. 2025 was 2.35.


Daido Kogyo Co  (TSE:6373) 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.


Daido Kogyo Co Receivables Turnover Related Terms


Daido Kogyo Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Daido Kogyo 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.

Daido Kogyo Co Receivables Turnover Chart

Daido Kogyo Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 4.59 4.82 4.59 4.67

Daido Kogyo Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 2.22 2.21 2.27 2.31 2.35

TSE:6373 vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Daido Kogyo 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.


Daido Kogyo Co Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where Daido Kogyo Co's Receivables Turnover falls into.


TSE:6373
44GF Score
Daido Kogyo Co Ltd TSE:6373
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Daido Kogyo Co Receivables Turnover Calculation

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

Daido Kogyo Co's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=57515 / ((12498 + 12157) / 2 )
=57515 / 12327.5
=4.67

Daido Kogyo Co's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=29193 / ((12157 + 12732) / 2 )
=29193 / 12444.5
=2.35

* 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 2.35 mean?
Daido Kogyo Co (TSE:6373) has a Receivables Turnover of 2.35 as of Sep. 2025. 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 Daido Kogyo Co and its competitors.
Is Daido Kogyo Co's Receivables Turnover too high?
Daido Kogyo Co's current Receivables Turnover is 2.35. The Industrial Products industry median Receivables Turnover is 4.50. Daido Kogyo Co's value of 2.35 is 47.7% below this industry median. Overall, Daido Kogyo Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Daido Kogyo Co's Receivables Turnover compare to GEV and ETN?
Daido Kogyo Co's Receivables Turnover of 2.35 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.50. Daido Kogyo Co's value of 2.35 is 47.7% 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 4.50, based on 3,034 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. Daido Kogyo Co's current Receivables Turnover of 2.35 is 47.7% 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 Daido Kogyo Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daido Kogyo Co's current Receivables Turnover is 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Kogyo Co stock overvalued right now?
Daido Kogyo Co (TSE:6373) has a current Receivables Turnover of 2.35. The stock's GF Value™ is 円883.68, compared to a current price of 円1,489.00 — trading 68.5% above its estimated fair value. The current Receivables Turnover is 2.35 and 47.7% below the Industrial Products industry median of 4.50. Daido Kogyo Co's overall GF Score™ is 44/100 with 9 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 Daido Kogyo Co (TSE:6373), the current Receivables Turnover is 2.35 as of Sep. 2025. 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 Daido Kogyo Co (TSE:6373) Overvalued in 2026?

Based on GuruFocus' analysis, Daido Kogyo Co stock appears to be overvalued. The current stock price of 円1,489.00 is trading 68.5% above its estimated GF Value™ of 円883.68.

Key valuation signals for TSE:6373:

  • Receivables Turnover: 2.35
  • GF Value™: 円883.68 vs. price of 円1,489.00 (68.5% above fair value)
  • GF Score™: 44/100 with 9 warning signs
  • Industry Position: 47.7% below the Industrial Products median

No single metric tells the full story. See the TSE:6373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daido Kogyo Co Business Description

Address I-197 Kumasaka-cho, Kaga-shi, Ishikawa Prefecture, JPN, 922-8686
Daido Kogyo Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the production and sale of motorcycle and automotive chains, industrial machinery chains, rims, wheels, conveyor systems and welfare equipment. Daido Kogyo has a network in India, Malaysia, Indonesia, Philippines, Vietnam, China.
44GF Score

Get the complete analysis for TSE:6373

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

円1,489.00
Price
円883.68
GF Value