Fureasu Co (TSE:7062) Receivables Turnover : 1.26 (As of Dec. 2023)

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What is Fureasu Co 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. Fureasu Co's Revenue for the three months ended in Dec. 2023 was 円1,482 Mil. Fureasu Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,172 Mil. Hence, Fureasu Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.26.

Fureasu Co Receivables Turnover Historical Data

The historical data trend for Fureasu Co'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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Fureasu Co Receivables Turnover Chart

Fureasu Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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4.00

4.02

3.89

4.53

4.34

Fureasu Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.06	1.06	1.19	1.20	1.26

Competitive Comparison of Fureasu Co's Receivables Turnover

For the Personal Services subindustry, Fureasu Co'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.

Fureasu Co's Receivables Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fureasu Co's Receivables Turnover distribution charts can be found below:

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

Fureasu Co Receivables Turnover Calculation

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

Fureasu Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	4584.081	/ (	(953.786	+	1157.777)	/	2 )
=	4584.081	/	1055.7815
=	4.34

Fureasu Co'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 )
=	1481.997	/ (	(1146.521	+	1198.077)	/	2 )
=	1481.997	/	1172.299
=	1.26

Fureasu Co (TSE:7062) 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.

Fureasu Co Receivables Turnover Related Terms

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Fureasu Co (TSE:7062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fureasu Co Ltd (TSE:7062) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

2 - 5 - 8 Hatadai Shibuya - ku, 2nd Floor, Nishi-Shinjuku Toyokuni Building, Tokyo, JPN, 1510061

Website

https://www.fureasu.jp

Fureasu Co Ltd is engaged in massage services. The company's services include home massage, relaxation massage, office massage, acupuncture and moxibustion, spa services, and home visiting nursing care services. It also provides insurance applicable massage services.

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