SMK (TSE:6798) Receivables Turnover: 2.41 (As of Mar. 2026)

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TSE:6798 SMK Corp TSE:6798
59 GF Score
Price 円3,060.00
GF Value 円2,420.52
Valuation Modestly Overvalued
! 6 Warning Signs
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What is SMK Receivables Turnover?

SMK TSE:6798 -1.13% 59 Receivables Turnover is 2.41 as of Mar. 2026. GuruFocus rates TSE:6798 with a GF Score™ of 59/100 and a GF Value™ of 円2,420.52 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,468 Hardware companies, SMK ranks worse than 56.4% 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. SMK's Revenue for the six months ended in Mar. 2026 was 円25,052 Mil. SMK's average Accounts Receivable for the six months ended in Mar. 2026 was 円10,397 Mil. Hence, SMK's Receivables Turnover for the six months ended in Mar. 2026 was 2.41.


SMK  (TSE:6798) 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.


SMK Receivables Turnover Related Terms


SMK Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SMK'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.

SMK Receivables Turnover Chart

SMK Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 4.79 4.30 4.51 4.36

SMK Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.30 2.44 2.39 2.19 2.41

TSE:6798 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, SMK'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.


SMK Receivables Turnover vs Hardware Industry

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

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


TSE:6798
59GF Score
SMK Corp TSE:6798
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SMK Receivables Turnover Calculation

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

SMK's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=48204 / ((11225 + 10873) / 2 )
=48204 / 11049
=4.36

SMK's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=25052 / ((9920 + 10873) / 2 )
=25052 / 10396.5
=2.41

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.41 mean?
SMK (TSE:6798) has a Receivables Turnover of 2.41 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 SMK and its competitors. According to the industry distribution chart, SMK ranks #1392 out of 2468 companies in the Hardware industry, placing it in the top 56.4%.
Is SMK's Receivables Turnover too high?
SMK's current Receivables Turnover is 2.41. The Hardware industry median Receivables Turnover is 4.91. SMK's value of 2.41 is 50.9% below this industry median. Based on the distribution chart, SMK ranks #1392 out of 2468 companies in the Hardware industry, which is below the industry midpoint. Overall, SMK has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMK's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, SMK ranks #1392 out of 2468 companies for Receivables Turnover. This places SMK in the lower half of its industry. The industry median Receivables Turnover is 4.91. SMK's value of 2.41 is 50.9% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.91, based on 2,468 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. SMK's current Receivables Turnover of 2.41 is 50.9% 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 SMK and its competitors. For the Hardware industry, the median Receivables Turnover is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMK's current Receivables Turnover is 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMK stock overvalued right now?
Based on GuruFocus' analysis, SMK (TSE:6798) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,420.52, compared to a current price of 円3,060.00 — trading 26.4% above its estimated fair value. The current Receivables Turnover is 2.41 and 50.9% below the Hardware industry median of 4.91. SMK's overall GF Score™ is 59/100 with 6 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 SMK (TSE:6798), the current Receivables Turnover is 2.41 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 SMK (TSE:6798) Overvalued in 2026?

Based on GuruFocus' analysis, SMK stock appears to be overvalued. The current stock price of 円3,060.00 is trading 26.4% above its estimated GF Value™ of 円2,420.52. GuruFocus considers SMK to be Modestly Overvalued.

Key valuation signals for TSE:6798:

  • Receivables Turnover: 2.41
  • GF Value™: 円2,420.52 vs. price of 円3,060.00 (26.4% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 50.9% below the Hardware median (#1392 of 2468)

No single metric tells the full story. See the TSE:6798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMK Business Description

Address 6-5-5 Togoshi, Shinagawa-ku, Tokyo, JPN, 142-8511
SMK Corp manufactures and sells parts for the electrocommunication device and electronic equipment. Its reportable segments include Connection System; Sensing, Communications and Interface; Research and Development Center, Innovation Centers, and others. The company generates maximum revenue from the Sensing, Communications, and Interface segment, which produces and sells remote controls, switches, camera modules, and touch sensors. Geographically, it derives a majority of its revenue from Japan. The company's product portfolio includes connectors, plugs/jacks, switches, accessories, remote control units, antennas, touch panels, and communication modules.
59GF Score

Get the complete analysis for TSE:6798

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,060.00
Price
円2,420.52
GF Value