Hanwa Co (TSE:8078) Receivables Turnover : 1.42 (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

What is Hanwa 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. Hanwa Co's Revenue for the three months ended in Dec. 2023 was 円625,352 Mil. Hanwa Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円441,659 Mil. Hence, Hanwa Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.42.

Hanwa Co Receivables Turnover Historical Data

The historical data trend for Hanwa 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.

* Premium members only.

Hanwa Co Receivables Turnover Chart

Hanwa Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

5.03

5.00

4.82

5.38

5.44

Hanwa 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															1.40	1.38	1.33	1.42	1.38

Competitive Comparison of Hanwa Co's Receivables Turnover

For the Conglomerates subindustry, Hanwa 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.

Hanwa Co's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hanwa Co's Receivables Turnover distribution charts can be found below:

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

Hanwa Co Receivables Turnover Calculation

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

Hanwa 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 )
=	2431980	/ (	(448980	+	445825)	/	2 )
=	2431980	/	447402.5
=	5.44

Hanwa 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 )
=	625352	/ (	(453051	+	430266)	/	2 )
=	625352	/	441658.5
=	1.42

Hanwa Co (TSE:8078) 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.

Hanwa Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hanwa Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hanwa Co (TSE:8078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hanwa Co Ltd (TSE:8078) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HW4:Germany

Address

1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429

Website

https://www.hanwa.co.jp

Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.

Hanwa Co (TSE:8078) Headlines

No Headlines