Japan Aviation Electronics Industry (TSE:6807) Receivables Turnover : 1.35 (As of Dec. 2023)

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What is Japan Aviation Electronics Industry 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. Japan Aviation Electronics Industry's Revenue for the three months ended in Dec. 2023 was 円58,065 Mil. Japan Aviation Electronics Industry's average Accounts Receivable for the three months ended in Dec. 2023 was 円43,052 Mil. Hence, Japan Aviation Electronics Industry's Receivables Turnover for the three months ended in Dec. 2023 was 1.35.

Japan Aviation Electronics Industry Receivables Turnover Historical Data

The historical data trend for Japan Aviation Electronics Industry'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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Japan Aviation Electronics Industry Receivables Turnover Chart

Japan Aviation Electronics Industry Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.63

5.16

5.22

5.47

5.35

Japan Aviation Electronics Industry 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															1.22	1.21	1.39	1.35	1.34

Competitive Comparison of Japan Aviation Electronics Industry's Receivables Turnover

For the Electronic Components subindustry, Japan Aviation Electronics Industry'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.

Japan Aviation Electronics Industry's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Japan Aviation Electronics Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Japan Aviation Electronics Industry's Receivables Turnover falls into.

Japan Aviation Electronics Industry Receivables Turnover Calculation

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

Japan Aviation Electronics Industry'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 )
=	225781	/ (	(43017	+	41463)	/	2 )
=	225781	/	42240
=	5.35

Japan Aviation Electronics Industry's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	58065	/ (	(46071	+	40033)	/	2 )
=	58065	/	43052
=	1.35

Japan Aviation Electronics Industry (TSE:6807) 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.

Japan Aviation Electronics Industry Receivables Turnover Related Terms

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Japan Aviation Electronics Industry (TSE:6807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Japan Aviation Electronics Industry Ltd (TSE:6807) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

21-2, Dogenzaka 1-chome, Shibuya-ku, Tokyo, JPN, 150-0043

Website

https://www.jae.com

Japan Aviation Electronics Industry Ltd is a Japan-based company that manufactures and distributes electronic components and equipment. The firm's operations are organized in four segments: the Connector segment, which sells connectors for use in infrastructure, transportation, and mobile device applications; the Interface Solution segment, which sells touch panels, touch controls, and monitors; the Aviation Equipment segment, which includes navigation equipment and motion sensor solutions; and Others, which includes the sale of other products and the transportation business.

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