LINTEC (TSE:7966) Receivables Turnover : 1.11 (As of Mar. 2024)

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What is LINTEC 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. LINTEC's Revenue for the three months ended in Mar. 2024 was 円72,792 Mil. LINTEC's average Accounts Receivable for the three months ended in Mar. 2024 was 円65,834 Mil. Hence, LINTEC's Receivables Turnover for the three months ended in Mar. 2024 was 1.11.

LINTEC Receivables Turnover Historical Data

The historical data trend for LINTEC'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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LINTEC Receivables Turnover Chart

LINTEC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.64

3.70

4.04

4.69

4.47

LINTEC 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															1.10	1.10	1.08	1.09	1.11

Competitive Comparison of LINTEC's Receivables Turnover

For the Specialty Chemicals subindustry, LINTEC'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.

LINTEC's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LINTEC's Receivables Turnover distribution charts can be found below:

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

LINTEC Receivables Turnover Calculation

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

LINTEC'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 )
=	276321	/ (	(58803	+	64763)	/	2 )
=	276321	/	61783
=	4.47

LINTEC'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 )
=	72792	/ (	(66905	+	64763)	/	2 )
=	72792	/	65834
=	1.11

LINTEC (TSE:7966) 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.

LINTEC Receivables Turnover Related Terms

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LINTEC (TSE:7966) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

23-23 Honcho, Itabashi-ku, Tokyo, JPN, 173-0001

Website

http://www.lintec.co.jp

LINTEC Corp produces and sells paper, electronic, and industrial materials products in three segments based on product type. The printing and industrial materials products segment, which generates more revenue than any other segment, sells adhesive papers and tapes for seals, labels and automobile-use adhesive products, as well as construction-related films for windows and automobiles. The electronic and optical products segment sells semiconductor-related adhesive tapes. The paper and converted products segments sells paper products used for envelopes, printing, and food packaging. The majority of revenue comes from Japan.

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