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Starts Publishing (TSE:7849) Receivables Turnover : 0.83 (As of Mar. 2024)


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What is Starts Publishing 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. Starts Publishing's Revenue for the three months ended in Mar. 2024 was 円2,218 Mil. Starts Publishing's average Accounts Receivable for the three months ended in Mar. 2024 was 円2,664 Mil. Hence, Starts Publishing's Receivables Turnover for the three months ended in Mar. 2024 was 0.83.


Starts Publishing Receivables Turnover Historical Data

The historical data trend for Starts Publishing'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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Starts Publishing Receivables Turnover Chart

Starts Publishing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 2.69 3.17 3.24 3.21

Starts Publishing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.88 0.91 0.95 0.90 0.83

Competitive Comparison of Starts Publishing's Receivables Turnover

For the Publishing subindustry, Starts Publishing'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.


Starts Publishing's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Starts Publishing's Receivables Turnover distribution charts can be found below:

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



Starts Publishing Receivables Turnover Calculation

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

Starts Publishing's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=8341.989 / ((2459.949 + 2738.045) / 2 )
=8341.989 / 2598.997
=3.21

Starts Publishing's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2218.311 / ((2738.045 + 2589.116) / 2 )
=2218.311 / 2663.5805
=0.83

* 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.


Starts Publishing  (TSE:7849) 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.


Starts Publishing Receivables Turnover Related Terms

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Starts Publishing (TSE:7849) Business Description

Traded in Other Exchanges
N/A
Address
1-3-1, Daiei Building 7F, Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain.

Starts Publishing (TSE:7849) Headlines

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