BayCurrent (TSE:6532) Receivables Turnover : 1.64 (As of Feb. 2025)

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What is BayCurrent 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. BayCurrent's Revenue for the three months ended in Feb. 2025 was 円32,531 Mil. BayCurrent's average Accounts Receivable for the three months ended in Feb. 2025 was 円19,780 Mil. Hence, BayCurrent's Receivables Turnover for the three months ended in Feb. 2025 was 1.64.

BayCurrent Receivables Turnover Historical Data

The historical data trend for BayCurrent'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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BayCurrent Receivables Turnover Chart

BayCurrent Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Receivables Turnover

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8.05

8.06

7.36

6.66

5.99

BayCurrent Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Receivables Turnover	Get a 7-Day Free Trial															1.83	1.92	1.89	1.79	1.64

Competitive Comparison of BayCurrent's Receivables Turnover

For the Consulting Services subindustry, BayCurrent'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.

BayCurrent's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BayCurrent's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where BayCurrent's Receivables Turnover falls into.

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BayCurrent Receivables Turnover Calculation

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

BayCurrent's Receivables Turnover for the fiscal year that ended in Feb. 2025 is calculated as

	Receivables Turnover (A: Feb. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2025 )	/ (	(Accounts Receivable (A: Feb. 2024 )	+	Accounts Receivable (A: Feb. 2025 ))	/	count )
=	116056	/ (	(16068	+	22699)	/	2 )
=	116056	/	19383.5
=	5.99

BayCurrent's Receivables Turnover for the quarter that ended in Feb. 2025 is calculated as

	Receivables Turnover (Q: Feb. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2025 )	/ (	(Accounts Receivable (Q: Nov. 2024 )	+	Accounts Receivable (Q: Feb. 2025 ))	/	count )
=	32531	/ (	(16860	+	22699)	/	2 )
=	32531	/	19779.5
=	1.64

BayCurrent (TSE:6532) 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.

BayCurrent Receivables Turnover Related Terms

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BYCRF:USA

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1-3-1 Azabudai, Mori JP Tower, Azabudai Hills, Minato-ku, Tokyo, JPN, 106-0041

Website

https://www.baycurrent.co.jp

BayCurrent Inc offers comprehensive consulting services in a wide variety of industries. It offers strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development and infrastructure operation and maintenance.

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