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Rix (TSE:7525) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Rix 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. Rix's Revenue for the three months ended in Sep. 2024 was 円0 Mil. Rix's average Accounts Receivable for the three months ended in Sep. 2024 was 円14,638 Mil.


Rix Receivables Turnover Historical Data

The historical data trend for Rix'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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Rix Receivables Turnover Chart

Rix Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 2.87 3.35 3.49 3.50

Rix Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 Premium Member Only Premium Member Only 0.85 0.88 0.91 0.85 -

Competitive Comparison of Rix's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Rix'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.


Rix's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rix's Receivables Turnover distribution charts can be found below:

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


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Rix Receivables Turnover Calculation

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

Rix'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 )
=49752.635 / ((13613.794 + 14827.5) / 2 )
=49752.635 / 14220.647
=3.50

Rix's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((14827.5 + 14448.234) / 2 )
=0 / 14637.867
=N/A

* 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.


Rix  (TSE:7525) 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.


Rix Receivables Turnover Related Terms

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Rix Business Description

Traded in Other Exchanges
N/A
Address
1-15-15 Sanno, Hakata-Ku, Fukuoka, JPN, 812-8672
Rix Corp manufactures and distributes industrial machinery. The product line includes - rotary joint, cleaning equipment, coolant related equipment, wet atomization equipment, refractory cloth, high-pressure hydraulic equipment, bearing generation, steel making machine, coating resin, wastewater treatment facility, concrete repair material, soundproofing equipment, hydrogen sulfide adsorption filter, and scaling watch.

Rix Headlines

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