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Nihon Seimitsu Co (TSE:7771) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Nihon Seimitsu 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. Nihon Seimitsu Co's Revenue for the three months ended in Sep. 2024 was 円0 Mil. Nihon Seimitsu Co's average Accounts Receivable for the three months ended in Sep. 2024 was 円667 Mil.


Nihon Seimitsu Co Receivables Turnover Historical Data

The historical data trend for Nihon Seimitsu 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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Nihon Seimitsu Co Receivables Turnover Chart

Nihon Seimitsu Co 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 8.03 6.93 9.59 11.83 10.49

Nihon Seimitsu Co 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 2.39 2.49 2.56 2.47 -

Competitive Comparison of Nihon Seimitsu Co's Receivables Turnover

For the Luxury Goods subindustry, Nihon Seimitsu 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.


Nihon Seimitsu Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nihon Seimitsu Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nihon Seimitsu Co's Receivables Turnover falls into.



Nihon Seimitsu Co Receivables Turnover Calculation

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

Nihon Seimitsu Co'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 )
=6728.391 / ((561.383 + 721.532) / 2 )
=6728.391 / 641.4575
=10.49

Nihon Seimitsu Co'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 / ((721.532 + 612.346) / 2 )
=0 / 666.939
=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.


Nihon Seimitsu Co  (TSE:7771) 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.


Nihon Seimitsu Co Receivables Turnover Related Terms

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Nihon Seimitsu Co Business Description

Traded in Other Exchanges
N/A
Address
1-8 Honcho 4-Chome, Kawaguchi Center Building, Kawaguchi-shi, Saitama, JPN, 332-0012
Nihon Seimitsu Co Ltd manufactures watch bands, fishing gear and static eliminator. It also manufactures eyeglass frames. The business areas in which the company engages itself are Iris Bezels, Forged Bezels, Wristwatch bands, Buckles, Back cases, Luxury buckles, Fishing equipment and Glasses frames. The products of the company have application in the areas of automobiles, home appliances, office automation, mobile products, health products and industrial products.

Nihon Seimitsu Co Headlines

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