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Frontier International (TSE:7050) Receivables Turnover : 0.99 (As of Jan. 2024)


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What is Frontier International 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. Frontier International's Revenue for the three months ended in Jan. 2024 was 円3,965 Mil. Frontier International's average Accounts Receivable for the three months ended in Jan. 2024 was 円4,000 Mil. Hence, Frontier International's Receivables Turnover for the three months ended in Jan. 2024 was 0.99.


Frontier International Receivables Turnover Historical Data

The historical data trend for Frontier International'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.

Frontier International Receivables Turnover Chart

Frontier International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
Get a 7-Day Free Trial 3.97 4.91 6.47 7.39 4.33

Frontier International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.13 1.23 0.88 1.40 0.99

Competitive Comparison of Frontier International's Receivables Turnover

For the Advertising Agencies subindustry, Frontier International'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.


Frontier International's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Frontier International's Receivables Turnover distribution charts can be found below:

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



Frontier International Receivables Turnover Calculation

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

Frontier International's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=17047.839 / ((4211.942 + 3663.65) / 2 )
=17047.839 / 3937.796
=4.33

Frontier International's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=3965.111 / ((3917.382 + 4082.469) / 2 )
=3965.111 / 3999.9255
=0.99

* 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.


Frontier International  (TSE:7050) 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.


Frontier International Receivables Turnover Related Terms

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Frontier International (TSE:7050) Business Description

Traded in Other Exchanges
N/A
Address
3-3-5 Shibuya, NBF Shibuya East, Shibuya-ku, Tokyo, JPN, 150-0002
Frontier International Inc is engaged in planning, production, and management of promotion business. The company offers Event Promotion, Digital promotion, Personal Selling, Premium promotion, Space Produce, and Public Relations services.

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