Kel (TSE:6919) Receivables Turnover: 2.51 (As of Mar. 2026)

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TSE:6919 Kel Corp TSE:6919
70 GF Score
Price 円1,390.00
GF Value 円1,569.92
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Kel Receivables Turnover?

Kel TSE:6919 -0.14% 70 Receivables Turnover is 2.51 as of Mar. 2026. GuruFocus rates TSE:6919 with a GF Score™ of 70/100 and a GF Value™ of 円1,569.92 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,467 Hardware companies, Kel ranks worse than 53.67% 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. Kel's Revenue for the six months ended in Mar. 2026 was 円6,768 Mil. Kel's average Accounts Receivable for the six months ended in Mar. 2026 was 円2,701 Mil. Hence, Kel's Receivables Turnover for the six months ended in Mar. 2026 was 2.51.


Kel  (TSE:6919) 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.


Kel Receivables Turnover Related Terms


Kel Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Kel'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.

Kel Receivables Turnover Chart

Kel 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 4.94 4.67 3.93 4.15 4.76

Kel 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 2.00 2.17 2.07 2.12 2.51

TSE:6919 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Kel'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.


Kel Receivables Turnover vs Hardware Industry

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

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


TSE:6919
70GF Score
Kel Corp TSE:6919
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kel Receivables Turnover Calculation

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

Kel'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 )
=12857.567 / ((2874.419 + 2526.433) / 2 )
=12857.567 / 2700.426
=4.76

Kel'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 )
=6767.666 / ((2876.255 + 2526.433) / 2 )
=6767.666 / 2701.344
=2.51

* 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 2.51 mean?
Kel (TSE:6919) has a Receivables Turnover of 2.51 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 Kel and its competitors. According to the industry distribution chart, Kel ranks #1324 out of 2467 companies in the Hardware industry, placing it in the top 53.7%.
Is Kel's Receivables Turnover too high?
Kel's current Receivables Turnover is 2.51. The Hardware industry median Receivables Turnover is 4.90. Kel's value of 2.51 is 48.8% below this industry median. Based on the distribution chart, Kel ranks #1324 out of 2467 companies in the Hardware industry, which is below the industry midpoint. Overall, Kel has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kel's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Kel ranks #1324 out of 2467 companies for Receivables Turnover. This places Kel in the lower half of its industry. The industry median Receivables Turnover is 4.90. Kel's value of 2.51 is 48.8% 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. Kel's current Receivables Turnover of 2.51 is 48.8% 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 Kel 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. Kel's current Receivables Turnover is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kel stock overvalued right now?
Based on GuruFocus' analysis, Kel (TSE:6919) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,569.92, compared to a current price of 円1,390.00 — trading 11.5% below its estimated fair value. The current Receivables Turnover is 2.51 and 48.8% below the Hardware industry median of 4.90. Kel's overall GF Score™ is 70/100 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 Kel (TSE:6919), the current Receivables Turnover is 2.51 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 Kel (TSE:6919) Overvalued in 2026?

Based on GuruFocus' analysis, Kel stock appears to be undervalued. The current stock price of 円1,390.00 is trading 11.5% below its estimated GF Value™ of 円1,569.92. GuruFocus considers Kel to be Modestly Undervalued.

Key valuation signals for TSE:6919:

  • Receivables Turnover: 2.51
  • GF Value™: 円1,569.92 vs. price of 円1,390.00 (11.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 48.8% below the Hardware median (#1324 of 2467)

No single metric tells the full story. See the TSE:6919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kel Business Description

Address 6-17-7 Nagayama, Tama-shi, Tokyo, JPN, 206-0025
Kel Corporation is a manufacturer of connectors, circuit sockets, racks, and harnesses. Its products include connectors, integrated circuit sockets, switches and terminal blocks, which are applied in cellular phones, notebooks, and PC, among others.
70GF Score

Get the complete analysis for TSE:6919

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

円1,390.00
Price
円1,569.92
GF Value