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Artiza Networks (TSE:6778) Receivables Turnover : 0.85 (As of Jul. 2024)


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What is Artiza Networks 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. Artiza Networks's Revenue for the three months ended in Jul. 2024 was 円611 Mil. Artiza Networks's average Accounts Receivable for the three months ended in Jul. 2024 was 円723 Mil. Hence, Artiza Networks's Receivables Turnover for the three months ended in Jul. 2024 was 0.85.


Artiza Networks Receivables Turnover Historical Data

The historical data trend for Artiza Networks'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.

Artiza Networks Receivables Turnover Chart

Artiza Networks Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 4.66 5.18 4.56 3.89

Artiza Networks Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.75 1.02 0.69 0.85 0.85

Competitive Comparison of Artiza Networks's Receivables Turnover

For the Communication Equipment subindustry, Artiza Networks'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.


Artiza Networks's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artiza Networks's Receivables Turnover distribution charts can be found below:

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



Artiza Networks Receivables Turnover Calculation

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

Artiza Networks's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Receivables Turnover (A: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2024 ) / ((Accounts Receivable (A: Jul. 2023 ) + Accounts Receivable (A: Jul. 2024 )) / count )
=2819.632 / ((665.129 + 783.382) / 2 )
=2819.632 / 724.2555
=3.89

Artiza Networks's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Apr. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=611.309 / ((663.335 + 783.382) / 2 )
=611.309 / 723.3585
=0.85

* 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.


Artiza Networks  (TSE:6778) 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.


Artiza Networks Receivables Turnover Related Terms

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Artiza Networks Business Description

Traded in Other Exchanges
N/A
Address
Faret Tachikawa Center Square, 2-36-2, Akebono-cho, Tachikawa-shi, Tokyo, JPN, 190-0012
Artiza Networks Inc is engaged in the development and sale of network management systems for maintenance and operation management of communication measuring instruments and communication infrastructure. It is also engaged in the development and sale of various communication equipments. The company offers LTE eNodeB testing products, such as Duo SIM- advanced load testers, functional testers, and environmental simulators; hardware blades; QoE optimization and packet capture tools.

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