GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Litalico Inc (TSE:7366) » Definitions » Receivables Turnover

Litalico (TSE:7366) Receivables Turnover : 1.47 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Litalico 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. Litalico's Revenue for the three months ended in Mar. 2024 was 円7,717 Mil. Litalico's average Accounts Receivable for the three months ended in Mar. 2024 was 円5,259 Mil. Hence, Litalico's Receivables Turnover for the three months ended in Mar. 2024 was 1.47.


Litalico Receivables Turnover Historical Data

The historical data trend for Litalico'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.

Litalico Receivables Turnover Chart

Litalico Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Receivables Turnover
4.71 10.71 6.32 6.27

Litalico Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.58 1.50 1.51 1.47 1.45

Competitive Comparison of Litalico's Receivables Turnover

For the Education & Training Services subindustry, Litalico'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.


Litalico's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Litalico's Receivables Turnover distribution charts can be found below:

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



Litalico Receivables Turnover Calculation

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

Litalico's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=29792 / ((4169 + 5333) / 2 )
=29792 / 4751
=6.27

Litalico's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=7717 / ((5184 + 5333) / 2 )
=7717 / 5258.5
=1.47

* 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.


Litalico  (TSE:7366) 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.


Litalico Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Litalico's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Litalico Business Description

Traded in Other Exchanges
Address
2-1-1, Kamimeguro, Nakameguro GT Tower 15th,16th and 20th Floor, Meguro-k, Tokyo, JPN, 153-0051
Litalico Inc offers educational services such as employment support, early childhood classes and others.

Litalico Headlines

No Headlines