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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. Ledax Co's Revenue for the
six
months ended in Mar. 2026 was 円10,572 Mil. Ledax Co's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円1,051 Mil.
Hence, Ledax Co's Receivables Turnover for the
six
months ended in Mar. 2026 was 10.06.
Ledax Co (TSE:7602) 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.
Ledax Co Receivables Turnover Related Terms
Ledax Co Receivables Turnover Historical Data
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The historical data trend for Ledax Co'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:7602 vs CVNA, PAG, KMX: Receivables Turnover Comparison
For the Auto & Truck Dealerships subindustry, Ledax Co'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.
Ledax Co Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ledax Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ledax Co'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.
Ledax Co (TSE:7602) has a Receivables Turnover of 10.06 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 Ledax Co and its competitors. According to the industry distribution chart, Ledax Co ranks #170 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 12.9%.
Is Ledax Co's Receivables Turnover too high?
Ledax Co's current Receivables Turnover is 10.06. The Vehicles & Parts industry median Receivables Turnover is 5.99. Ledax Co's value of 10.06 is 68.1% above this industry median. Based on the distribution chart, Ledax Co ranks #170 out of 1316 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Ledax Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ledax Co's Receivables Turnover compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Ledax Co ranks #170 out of 1316 companies for Receivables Turnover. This places Ledax Co in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Ledax Co's value of 10.06 is 68.1% above 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 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. Ledax Co's current Receivables Turnover of 10.06 is 68.1% above 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 Ledax Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledax Co's current Receivables Turnover is 10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledax Co stock overvalued right now?
Based on GuruFocus' analysis, Ledax Co (TSE:7602) is currently considered Fairly Valued. The stock's GF Value™ is 円175.49, compared to a current price of 円167.00 — trading 4.8% below its estimated fair value. The current Receivables Turnover is 10.06 and 68.1% above the Vehicles & Parts industry median of 5.99. Ledax Co's overall GF Score™ is 53/100 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 Ledax Co (TSE:7602), the current Receivables Turnover is 10.06 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 Ledax Co (TSE:7602) Overvalued in 2026?
Based on GuruFocus' analysis, Ledax Co stock appears to be undervalued.
The current stock price of 円167.00 is trading 4.8% below its estimated GF Value™ of 円175.49.
GuruFocus considers Ledax Co to be Fairly Valued.
Key valuation signals for TSE:7602:
Receivables Turnover: 10.06
GF Value™: 円175.49 vs. price of 円167.00 (4.8% below fair value)
Industry Position: 68.1% above the Vehicles & Parts median (#170 of 1316)
No single metric tells the full story. See the TSE:7602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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