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Yuken Kogyo Co (TSE:6393) Receivables Turnover : 0.77 (As of Mar. 2024)


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What is Yuken Kogyo Co 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. Yuken Kogyo Co's Revenue for the three months ended in Mar. 2024 was 円8,196 Mil. Yuken Kogyo Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円10,616 Mil. Hence, Yuken Kogyo Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.77.


Yuken Kogyo Co Receivables Turnover Historical Data

The historical data trend for Yuken 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.

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Yuken Kogyo Co Receivables Turnover Chart

Yuken Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.29 2.84 2.73 2.78

Yuken Kogyo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.71 0.67 0.73 0.74 0.77

Competitive Comparison of Yuken Kogyo Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Yuken 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.


Yuken Kogyo Co's Receivables Turnover Distribution in the Industrial Products Industry

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

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



Yuken Kogyo Co Receivables Turnover Calculation

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

Yuken Kogyo Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=29511.517 / ((10142.227 + 11121.614) / 2 )
=29511.517 / 10631.9205
=2.78

Yuken Kogyo Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=8196.052 / ((10109.825 + 11121.614) / 2 )
=8196.052 / 10615.7195
=0.77

* 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.


Yuken Kogyo Co  (TSE:6393) 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.


Yuken Kogyo Co Receivables Turnover Related Terms

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Yuken Kogyo Co Business Description

Traded in Other Exchanges
N/A
Address
4-4-34,Kamitsuchidana - Naka, Kanagawa Prefecture, Ayase, JPN, 252-1113
Yuken Kogyo Co Ltd is a Japan-based company. It is mainly engaged in the manufacture and sale of hydraulic products and environmental products. It operates in three business divisions including Hydraulic Equipment business, Hydraulic System business, and, Environmental Machinery business. Products offered by Yuken Kogyo include hydraulic pumps, hydraulic motors, proportional electro-hydraulic controls, pressure control valves, flow control valves, directional control valves modular valves, garbage compactor, and separators. It offers hydraulic systems for industrial machine, marine use, special hydraulic power units, and various standard power packs. The company has overseas sales network in China, Asia, America, Europe, and Africa.

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