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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. Leader Electronics's Revenue for the
six
months ended in Mar. 2026 was 円2,359 Mil. Leader Electronics's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円909 Mil.
Hence, Leader Electronics's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.60.
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.
Leader Electronics Receivables Turnover Related Terms
Leader Electronics Receivables Turnover Historical Data
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The historical data trend for Leader Electronics'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.
TSE:6867 vs COHR, KEYS, GRMN: Receivables Turnover Comparison
For the Scientific & Technical Instruments subindustry, Leader Electronics'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.
Leader Electronics Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Leader Electronics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Leader Electronics's Receivables Turnover falls into.
* 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.
Leader Electronics (TSE:6867) has a Receivables Turnover of 2.60 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 Leader Electronics and its competitors. According to the industry distribution chart, Leader Electronics ranks #1336 out of 2467 companies in the Hardware industry, placing it in the top 54.2%.
Is Leader Electronics' Receivables Turnover too high?
Leader Electronics' current Receivables Turnover is 2.60. The Hardware industry median Receivables Turnover is 4.90. Leader Electronics' value of 2.60 is 46.9% below this industry median. Based on the distribution chart, Leader Electronics ranks #1336 out of 2467 companies in the Hardware industry, which is below the industry midpoint. Overall, Leader Electronics has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' Receivables Turnover compare to COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #1336 out of 2467 companies for Receivables Turnover. This places Leader Electronics in the lower half of its industry. The industry median Receivables Turnover is 4.90. Leader Electronics' value of 2.60 is 46.9% 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 4.90, based on 2,467 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. Leader Electronics's current Receivables Turnover of 2.60 is 46.9% 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 Leader Electronics and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Electronics's current Receivables Turnover is 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円510.78, compared to a current price of 円415.00 — trading 18.8% below its estimated fair value. The current Receivables Turnover is 2.60 and 46.9% below the Hardware industry median of 4.90. Leader Electronics' overall GF Score™ is 66/100 with 5 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 Leader Electronics (TSE:6867), the current Receivables Turnover is 2.60 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 Leader Electronics (TSE:6867) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued.
The current stock price of 円415.00 is trading 18.8% below its estimated GF Value™ of 円510.78.
GuruFocus considers Leader Electronics to be Modestly Undervalued.
Key valuation signals for TSE:6867:
Receivables Turnover: 2.60
GF Value™: 円510.78 vs. price of 円415.00 (18.8% below fair value)
Industry Position: 46.9% below the Hardware median (#1336 of 2467)
No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
66GF Score
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