GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Asiro Inc (TSE:7378) » Definitions » Receivables Turnover

Asiro (TSE:7378) Receivables Turnover : 2.00 (As of Apr. 2024)


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

What is Asiro 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. Asiro's Revenue for the three months ended in Apr. 2024 was 円1,160 Mil. Asiro's average Accounts Receivable for the three months ended in Apr. 2024 was 円580 Mil. Hence, Asiro's Receivables Turnover for the three months ended in Apr. 2024 was 2.00.


Asiro Receivables Turnover Historical Data

The historical data trend for Asiro'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.

Asiro Receivables Turnover Chart

Asiro Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Receivables Turnover
Get a 7-Day Free Trial 10.07 9.37 8.25 8.57 8.26

Asiro Quarterly Data
Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 Premium Member Only Premium Member Only Premium Member Only 1.74 1.73 1.87 1.93 2.00

Competitive Comparison of Asiro's Receivables Turnover

For the Personal Services subindustry, Asiro'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.


Asiro's Receivables Turnover Distribution in the Personal Services Industry

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

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



Asiro Receivables Turnover Calculation

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

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

Receivables Turnover (A: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2023 ) / ((Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count )
=3197.782 / ((307.664 + 466.231) / 2 )
=3197.782 / 386.9475
=8.26

Asiro's Receivables Turnover for the quarter that ended in Apr. 2024 is calculated as

Receivables Turnover (Q: Apr. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Apr. 2024 ) / ((Accounts Receivable (Q: Jan. 2024 ) + Accounts Receivable (Q: Apr. 2024 )) / count )
=1160.362 / ((534.759 + 625.875) / 2 )
=1160.362 / 580.317
=2.00

* 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.


Asiro  (TSE:7378) 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.


Asiro Receivables Turnover Related Terms

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


Asiro Business Description

Traded in Other Exchanges
N/A
Address
7-7-6 Nishi-shinjuku, Shinjuku-ku, Tokyo, JPN, 160?0023
Asiro Inc is engaged in the operation of legal media sites connecting the lawyer industry and IT, and others.

Asiro Headlines

No Headlines