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Earth Infinity Co (TSE:7692) Receivables Turnover : 1.98 (As of Jan. 2024)


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What is Earth Infinity Co 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. Earth Infinity Co's Revenue for the three months ended in Jan. 2024 was 円1,272 Mil. Earth Infinity Co's average Accounts Receivable for the three months ended in Jan. 2024 was 円643 Mil. Hence, Earth Infinity Co's Receivables Turnover for the three months ended in Jan. 2024 was 1.98.


Earth Infinity Co Receivables Turnover Historical Data

The historical data trend for Earth Infinity 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.

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Earth Infinity Co Receivables Turnover Chart

Earth Infinity Co Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Receivables Turnover
Get a 7-Day Free Trial 5.55 5.62 5.58 5.68 6.86

Earth Infinity Co Quarterly Data
Jul18 Jul19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.66 1.40 1.71 1.95 1.98

Competitive Comparison of Earth Infinity Co's Receivables Turnover

For the Utilities - Diversified subindustry, Earth Infinity 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.


Earth Infinity Co's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Earth Infinity Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Earth Infinity Co's Receivables Turnover falls into.



Earth Infinity Co Receivables Turnover Calculation

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

Earth Infinity Co's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Receivables Turnover (A: Jul. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2023 ) / ((Accounts Receivable (A: Jul. 2022 ) + Accounts Receivable (A: Jul. 2023 )) / count )
=5242.047 / ((910.771 + 616.515) / 2 )
=5242.047 / 763.643
=6.86

Earth Infinity Co's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=1271.894 / ((531.266 + 754.973) / 2 )
=1271.894 / 643.1195
=1.98

* 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.


Earth Infinity Co  (TSE:7692) 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.


Earth Infinity Co Receivables Turnover Related Terms

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Earth Infinity Co (TSE:7692) Business Description

Traded in Other Exchanges
N/A
Address
2-2-28 Dojimahama, Osaka Kita-ku, Osaka, JPN, 530-0004
Earth Infinity Co Ltd is engaged in electricity retailing and gas retailing. The company is also engaged in manufacturing, sales and unloading of electronic equipment and electric products.

Earth Infinity Co (TSE:7692) Headlines

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