Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NittanTSE:6493 -0.80%70 Receivables Turnover is 3.14 as of Mar. 2026. GuruFocus rates TSE:6493 with a GF Score™ of 70/100 and a GF Value™ of 円378.64 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Nittan ranks worse than 52.2% 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. Nittan's Revenue for the
six
months ended in Mar. 2026 was 円27,236 Mil. Nittan's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円8,684 Mil.
Hence, Nittan's Receivables Turnover for the
six
months ended in Mar. 2026 was 3.14.
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.
Nittan Receivables Turnover Related Terms
Nittan Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Nittan'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:6493 vs ORLY, AZO: Receivables Turnover Comparison
For the Auto Parts subindustry, Nittan'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.
Nittan Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nittan's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nittan'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.
Nittan (TSE:6493) has a Receivables Turnover of 3.14 as of Mar. 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 Nittan and its competitors. According to the industry distribution chart, Nittan ranks #687 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 52.2%.
Is Nittan's Receivables Turnover too high?
Nittan's current Receivables Turnover is 3.14. The Vehicles & Parts industry median Receivables Turnover is 5.99. Nittan's value of 3.14 is 47.5% below this industry median. Based on the distribution chart, Nittan ranks #687 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nittan has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittan's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nittan ranks #687 out of 1316 companies for Receivables Turnover. This places Nittan in the lower half of its industry. The industry median Receivables Turnover is 5.99. Nittan's value of 3.14 is 47.5% 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 a Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 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. Nittan's current Receivables Turnover of 3.14 is 47.5% 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 Nittan and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittan's current Receivables Turnover is 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittan stock overvalued right now?
Based on GuruFocus' analysis, Nittan (TSE:6493) is currently considered Significantly Overvalued. The stock's GF Value™ is 円378.64, compared to a current price of 円499.00 — trading 31.8% above its estimated fair value. The current Receivables Turnover is 3.14 and 47.5% below the Vehicles & Parts industry median of 5.99. Nittan's overall GF Score™ is 70/100 with 2 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 Nittan (TSE:6493), the current Receivables Turnover is 3.14 as of Mar. 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 Nittan (TSE:6493) Overvalued in 2026?
Based on GuruFocus' analysis, Nittan stock appears to be overvalued.
The current stock price of 円499.00 is trading 31.8% above its estimated GF Value™ of 円378.64.
GuruFocus considers Nittan to be Significantly Overvalued.
Key valuation signals for TSE:6493:
Receivables Turnover: 3.14
GF Value™: 円378.64 vs. price of 円499.00 (31.8% above fair value)
Industry Position: 47.5% below the Vehicles & Parts median (#687 of 1316)
No single metric tells the full story. See the TSE:6493 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nittan Corp operates in the auto parts industry. The company is mainly engaged in the manufacturing and distribution of engine valves, automobile parts, spinning machine parts, and other general machine parts and equipment. In addition, the company is involved in the produce, process, and sales of agricultural crops. The company has an operational presence across Asia, North America, and Europe.
70GF Score
Get the complete analysis for TSE:6493
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6493 has been successfully added to your 
