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Ai Partners Financial (TSE:7345) Receivables Turnover : 3.09 (As of Dec. 2023)


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What is Ai Partners Financial 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. Ai Partners Financial's Revenue for the three months ended in Dec. 2023 was 円896 Mil. Ai Partners Financial's average Accounts Receivable for the three months ended in Dec. 2023 was 円290 Mil. Hence, Ai Partners Financial's Receivables Turnover for the three months ended in Dec. 2023 was 3.09.


Ai Partners Financial Receivables Turnover Historical Data

The historical data trend for Ai Partners Financial'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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Ai Partners Financial Receivables Turnover Chart

Ai Partners Financial Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
13.69 11.77 12.32 11.09 11.43

Ai Partners Financial Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.37 2.99 2.93 3.47 3.09

Competitive Comparison of Ai Partners Financial's Receivables Turnover

For the Asset Management subindustry, Ai Partners Financial'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.


Ai Partners Financial's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ai Partners Financial's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ai Partners Financial's Receivables Turnover falls into.



Ai Partners Financial Receivables Turnover Calculation

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

Ai Partners Financial'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 )
=3000.131 / ((277.047 + 247.942) / 2 )
=3000.131 / 262.4945
=11.43

Ai Partners Financial'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 )
=896.098 / ((259.082 + 321.646) / 2 )
=896.098 / 290.364
=3.09

* 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.


Ai Partners Financial  (TSE:7345) 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.


Ai Partners Financial Receivables Turnover Related Terms

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Ai Partners Financial (TSE:7345) Business Description

Traded in Other Exchanges
N/A
Address
2-20-5 Minamisaiwai, Yokohama Nishi-ku, Kanagawa, JPN, 220?0005
Ai Partners Financial Inc is engaged in providing financial instruments intermediary service.

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