Kurashicom (TSE:7110) Receivables Turnover : 5.02 (As of Jan. 2024)

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What is Kurashicom 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. Kurashicom's Revenue for the three months ended in Jan. 2024 was 円1,824 Mil. Kurashicom's average Accounts Receivable for the three months ended in Jan. 2024 was 円363 Mil. Hence, Kurashicom's Receivables Turnover for the three months ended in Jan. 2024 was 5.02.

Kurashicom Receivables Turnover Historical Data

The historical data trend for Kurashicom'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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Kurashicom Receivables Turnover Chart

Kurashicom Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Receivables Turnover

27.30

31.48

32.43

38.17

Kurashicom Quarterly Data
	Jul20	Jul21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial					5.50	5.33	5.65	7.02	5.02

Competitive Comparison of Kurashicom's Receivables Turnover

For the Internet Retail subindustry, Kurashicom'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.

Kurashicom's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kurashicom's Receivables Turnover distribution charts can be found below:

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

Kurashicom Receivables Turnover Calculation

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

Kurashicom's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Receivables Turnover (A: Jul. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2023 )	/ (	(Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )
=	6060.836	/ (	(157.663	+	159.915)	/	2 )
=	6060.836	/	158.789
=	38.17

Kurashicom'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 )
=	1823.536	/ (	(341.342	+	384.878)	/	2 )
=	1823.536	/	363.11
=	5.02

Kurashicom (TSE:7110) 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.

Kurashicom Receivables Turnover Related Terms

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Kurashicom (TSE:7110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kurashicom Inc (TSE:7110) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-17 Higashi, Kunitachi-shi, Tokyo, JPN, 186-0002

Website

https://www.kurashi.com

Kurashicom Inc is engaged in the sales business of clothing, general goods, etc., at the site of HOKUOH, KURASHINO DOUGU TEN.

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