GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Crossfor Co Ltd (TSE:7810) » Definitions » Receivables Turnover

Crossfor Co (TSE:7810) Receivables Turnover : 1.54 (As of Jul. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Crossfor 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. Crossfor Co's Revenue for the three months ended in Jul. 2024 was 円877 Mil. Crossfor Co's average Accounts Receivable for the three months ended in Jul. 2024 was 円568 Mil. Hence, Crossfor Co's Receivables Turnover for the three months ended in Jul. 2024 was 1.54.


Crossfor Co Receivables Turnover Historical Data

The historical data trend for Crossfor 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.

* Premium members only.

Crossfor Co Receivables Turnover Chart

Crossfor Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 8.55 5.75 5.45 6.56

Crossfor Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 1.66 1.59 1.63 1.60 1.54

Competitive Comparison of Crossfor Co's Receivables Turnover

For the Luxury Goods subindustry, Crossfor 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.


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

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

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



Crossfor Co Receivables Turnover Calculation

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

Crossfor Co's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Receivables Turnover (A: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2024 ) / ((Accounts Receivable (A: Jul. 2023 ) + Accounts Receivable (A: Jul. 2024 )) / count )
=3413.982 / ((501.764 + 538.481) / 2 )
=3413.982 / 520.1225
=6.56

Crossfor Co's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Apr. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=876.901 / ((597.714 + 538.481) / 2 )
=876.901 / 568.0975
=1.54

* 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.


Crossfor Co  (TSE:7810) 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.


Crossfor Co Receivables Turnover Related Terms

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


Crossfor Co Business Description

Traded in Other Exchanges
N/A
Address
7-11-4 Kokubo Kofu, Yamanashi, JPN, 400-0043
Crossfor Co Ltd is engaged in wholesaling, manufacturing and developing of jewelry and other accessories. It produces necklaces, bracelets, watches, clocks, and other products.

Crossfor Co Headlines

No Headlines