Nippon Signal Co (TSE:6741) Receivables Turnover : 0.96 (As of Mar. 2024)

View and export this data going back to 1949. Start your Free Trial

What is Nippon Signal 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. Nippon Signal Co's Revenue for the three months ended in Mar. 2024 was 円41,431 Mil. Nippon Signal Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円43,237 Mil. Hence, Nippon Signal Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.96.

Nippon Signal Co Receivables Turnover Historical Data

The historical data trend for Nippon Signal 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.

* Premium members only.

Nippon Signal Co Receivables Turnover Chart

Nippon Signal Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

1.93

1.62

1.97

2.82

3.17

Nippon Signal 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															0.78	0.38	0.44	0.45	0.96

Competitive Comparison of Nippon Signal Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Nippon Signal 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.

Nippon Signal Co's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Nippon Signal Co's Receivables Turnover falls into.

Nippon Signal Co Receivables Turnover Calculation

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

Nippon Signal 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 )
=	98536	/ (	(29862	+	32282)	/	2 )
=	98536	/	31072
=	3.17

Nippon Signal 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 )
=	41431	/ (	(54192	+	32282)	/	2 )
=	41431	/	43237
=	0.96

Nippon Signal Co (TSE:6741) 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.

Nippon Signal Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Nippon Signal Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon Signal Co (TSE:6741) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nippon Signal Co Ltd (TSE:6741) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6513

Website

http://www.signal.co.jp

Nippon Signal Co Ltd is a Japanese technology company. Its products and services fall into the following categories: railway signal systems, traffic information systems, automatic fare collection, or AFR, systems, and parking information systems. The railway signal systems division provides automatic train supervision systems, relay interlocking equipment, level-crossing systems, and LED information boards. The traffic information systems division offers universal traffic management systems, local controllers, and LED traffic signal lights. The AFR system division offers comprehensive network systems to automate station operations. The parking information systems division offers car parking systems and bicycle lock systems.

Nippon Signal Co (TSE:6741) Headlines

No Headlines