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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. Shinko's Revenue for the
three
months ended in Mar. 2026 was 円6,773 Mil. Shinko's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円3,616 Mil.
Hence, Shinko's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.87.
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.
Shinko Receivables Turnover Related Terms
Shinko Receivables Turnover Historical Data
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The historical data trend for Shinko'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:7120 vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Shinko'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.
Shinko Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Shinko's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shinko'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.
Shinko (TSE:7120) has a Receivables Turnover of 1.87 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 Shinko and its competitors. According to the industry distribution chart, Shinko ranks #1210 out of 2781 companies in the Software industry, placing it in the top 43.5%.
Is Shinko's Receivables Turnover too high?
Shinko's current Receivables Turnover is 1.87. The Software industry median Receivables Turnover is 5.95. Shinko's value of 1.87 is 68.6% below this industry median. Based on the distribution chart, Shinko ranks #1210 out of 2781 companies in the Software industry, which is above the industry midpoint. Overall, Shinko has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinko's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Shinko ranks #1210 out of 2781 companies for Receivables Turnover. This puts Shinko in the upper half of its industry. The industry median Receivables Turnover is 5.95. Shinko's value of 1.87 is 68.6% 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 Software company?
The median Receivables Turnover among Software companies is 5.95, based on 2,781 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. Shinko's current Receivables Turnover of 1.87 is 68.6% 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 Shinko and its competitors. For the Software industry, the median Receivables Turnover is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinko's current Receivables Turnover is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinko stock overvalued right now?
Based on GuruFocus' analysis, Shinko (TSE:7120) is currently considered Fairly Valued. The stock's GF Value™ is 円1,030.75, compared to a current price of 円1,039.00 — trading 0.8% above its estimated fair value. The current Receivables Turnover is 1.87 and 68.6% below the Software industry median of 5.95. Shinko's overall GF Score™ is 89/100 with 2 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 Shinko (TSE:7120), the current Receivables Turnover is 1.87 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 Shinko (TSE:7120) Overvalued in 2026?
Based on GuruFocus' analysis, Shinko stock appears to be overvalued.
The current stock price of 円1,039.00 is trading 0.8% above its estimated GF Value™ of 円1,030.75.
GuruFocus considers Shinko to be Fairly Valued.
Key valuation signals for TSE:7120:
Receivables Turnover: 1.87
GF Value™: 円1,030.75 vs. price of 円1,039.00 (0.8% above fair value)
Industry Position: 68.6% below the Software median (#1210 of 2781)
No single metric tells the full story. See the TSE:7120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinko Inc is engaged in providing maintenance services for IT equipment and Staffing services. The company's services and products include; Maintenance services, human resource services, Introduction design and installation development services, and Network security-related products. The Maintenance services include Onsite maintenance service, Help desk service, Remote monitoring service, and call center service. The human resource services include an Engineer dispatch service and a Business contract. The Introduction design and installation development services include Network design and construction, Wireless environment construction, and Communication system construction.
89GF Score
Get the complete analysis for TSE:7120
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