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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. Daiko Xtech's Revenue for the
six
months ended in Mar. 2026 was 円22,028 Mil. Daiko Xtech's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円8,760 Mil.
Hence, Daiko Xtech's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.51.
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.
Daiko Xtech Receivables Turnover Related Terms
Daiko Xtech Receivables Turnover Historical Data
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The historical data trend for Daiko Xtech'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.
TSE:8023 vs SNX, ARW, AVT: Receivables Turnover Comparison
For the Electronics & Computer Distribution subindustry, Daiko Xtech'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.
Daiko Xtech Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Daiko Xtech's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Daiko Xtech's Receivables Turnover falls into.
* 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.
Daiko Xtech (TSE:8023) has a Receivables Turnover of 2.51 as of Mar. 2026. The accounts 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. View historical data on Daiko Xtech and its competitors. According to the industry distribution chart, Daiko Xtech ranks #1220 out of 2467 companies in the Hardware industry, placing it in the top 49.5%.
Is Daiko Xtech's Receivables Turnover too high?
Daiko Xtech's current Receivables Turnover is 2.51. The Hardware industry median Receivables Turnover is 4.90. Daiko Xtech's value of 2.51 is 48.8% below this industry median. Based on the distribution chart, Daiko Xtech ranks #1220 out of 2467 companies in the Hardware industry, which is above the industry midpoint. Overall, Daiko Xtech has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiko Xtech's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Daiko Xtech ranks #1220 out of 2467 companies for Receivables Turnover. This puts Daiko Xtech in the upper half of its industry. The industry median Receivables Turnover is 4.90. Daiko Xtech's value of 2.51 is 48.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,467 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiko Xtech's current Receivables Turnover of 2.51 is 48.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Daiko Xtech and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiko Xtech's current Receivables Turnover is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiko Xtech stock overvalued right now?
Based on GuruFocus' analysis, Daiko Xtech (TSE:8023) is currently considered Fairly Valued. The stock's GF Value™ is 円947.23, compared to a current price of 円977.00 — trading 3.1% above its estimated fair value. The current Receivables Turnover is 2.51 and 48.8% below the Hardware industry median of 4.90. Daiko Xtech's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Daiko Xtech (TSE:8023), the current Receivables Turnover is 2.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Daiko Xtech (TSE:8023) Overvalued in 2026?
Based on GuruFocus' analysis, Daiko Xtech stock appears to be overvalued.
The current stock price of 円977.00 is trading 3.1% above its estimated GF Value™ of 円947.23.
GuruFocus considers Daiko Xtech to be Fairly Valued.
Key valuation signals for TSE:8023:
Receivables Turnover: 2.51
GF Value™: 円947.23 vs. price of 円977.00 (3.1% above fair value)
Industry Position: 48.8% below the Hardware median (#1220 of 2467)
No single metric tells the full story. See the TSE:8023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiko Xtech Ltd formerly Daiko Denshi Tsushin Ltd s engaged in the sale of information communications equipment and the provision of related services. The principal business activities of the company include system consultancy, sales and maintenances of various types of computers, development and maintenances of software, sales and maintenances of a network, sales of computer-related products and construction of office facility.
70GF Score
Get the complete analysis for TSE:8023
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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