Kosaido Holdings Co (TSE:7868) Receivables Turnover : 2.49 (As of Dec. 2023)

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What is Kosaido Holdings 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. Kosaido Holdings Co's Revenue for the three months ended in Dec. 2023 was 円9,346 Mil. Kosaido Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円3,746 Mil. Hence, Kosaido Holdings Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.49.

Kosaido Holdings Co Receivables Turnover Historical Data

The historical data trend for Kosaido Holdings 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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Kosaido Holdings Co Receivables Turnover Chart

Kosaido Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.57

5.43

5.55

5.67

6.45

Kosaido Holdings Co 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															1.96	1.61	2.27	2.49	2.36

Competitive Comparison of Kosaido Holdings Co's Receivables Turnover

For the Specialty Business Services subindustry, Kosaido Holdings 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.

Kosaido Holdings Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kosaido Holdings Co's Receivables Turnover distribution charts can be found below:

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

Kosaido Holdings Co Receivables Turnover Calculation

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

Kosaido Holdings 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 )
=	36203	/ (	(5810	+	5410)	/	2 )
=	36203	/	5610
=	6.45

Kosaido Holdings Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	9346	/ (	(3458	+	4034)	/	2 )
=	9346	/	3746
=	2.49

Kosaido Holdings Co (TSE:7868) 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.

Kosaido Holdings Co Receivables Turnover Related Terms

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Kosaido Holdings Co (TSE:7868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kosaido Holdings Co Ltd (TSE:7868) » Definitions » Receivables Turnover

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Address

1-2-3 Shibaura, Minato-ku, Seavans S Building, 13th Floor, Tokyo, JPN, 105-8318

Website

https://www.kosaido.co.jp

Kosaido Holdings Co Ltd operates in three business areas. The Information solution business includes Offset printing, Newspaper printing, Digital printing, Package printing, Digital solution, Campaign solution, Eco business, Exhibition business, and BPO service. The Human resources service business includes Recruiting media, Recruiting media agency, Free paper rack agency, Published an environmental information magazine, Temporary staffing, Recruitment, Overseas human resources service, Human resource development/education/training, RPO / recruitment outsourcing, HR Tech Service. The Ending related business includes Crematorium management and ceremonial hall provision, Funeral DX Crematorium management contract business, and Senior-related business.

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