Okamura (TSE:7994) Receivables Turnover : 1.15 (As of Dec. 2024)

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What is Okamura 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. Okamura's Revenue for the three months ended in Dec. 2024 was 円75,196 Mil. Okamura's average Accounts Receivable for the three months ended in Dec. 2024 was 円65,331 Mil. Hence, Okamura's Receivables Turnover for the three months ended in Dec. 2024 was 1.15.

Okamura Receivables Turnover Historical Data

The historical data trend for Okamura'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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Okamura Receivables Turnover Chart

Okamura Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.71

3.53

3.85

3.89

3.85

Okamura Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.12	1.23	0.89	1.11	1.15

Competitive Comparison of Okamura's Receivables Turnover

For the Business Equipment & Supplies subindustry, Okamura'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.

Okamura's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Okamura's Receivables Turnover distribution charts can be found below:

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

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Okamura Receivables Turnover Calculation

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

Okamura'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 )
=	298295	/ (	(73571	+	81433)	/	2 )
=	298295	/	77502
=	3.85

Okamura's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	75196	/ (	(65438	+	65223)	/	2 )
=	75196	/	65330.5
=	1.15

Okamura (TSE:7994) 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.

Okamura Receivables Turnover Related Terms

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Okamura Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Okamura Corp (TSE:7994) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Bldg 19, No. 1, No. 4 Tenri Kitasaiwai 1-chome, Nishi-ku, Yokohama, JPN, 220-0004

Website

http://www.okamura.co.jp

Okamura Corp is a Japanese manufacturer that operates through three segments. The office furniture segment provides office seating, desks, storage, filing supplies, room furniture, and fixtures. The store displays segment comprises products including display fixtures for food and stores, checkout facilities, and showcases. The material handling systems and others segment consists of automated warehouse, conveyor systems, sorting systems, shelves, and equipment for plants and warehouses. Combined, the office furniture and store displays segments contribute the majority of group sales. Okamura's products are manufactured both in Japan and overseas and are delivered across the world by its distribution network.

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