Ryosan Co (TSE:8140) Receivables Turnover : 0.78 (As of Dec. 2023)

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What is Ryosan 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. Ryosan Co's Revenue for the three months ended in Dec. 2023 was 円66,807 Mil. Ryosan Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円85,825 Mil. Hence, Ryosan Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.78.

Ryosan Co Receivables Turnover Historical Data

The historical data trend for Ryosan 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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Ryosan Co Receivables Turnover Chart

Ryosan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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3.63

3.93

3.52

3.33

3.47

Ryosan Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.78	0.90	0.75	0.83	0.78

Competitive Comparison of Ryosan Co's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Ryosan 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.

Ryosan Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ryosan Co's Receivables Turnover distribution charts can be found below:

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

Ryosan Co Receivables Turnover Calculation

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

Ryosan Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	325657	/ (	(92574	+	95115)	/	2 )
=	325657	/	93844.5
=	3.47

Ryosan 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 )
=	66807	/ (	(90882	+	80768)	/	2 )
=	66807	/	85825
=	0.78

Ryosan Co (TSE:8140) 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.

Ryosan Co Receivables Turnover Related Terms

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Ryosan Co (TSE:8140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ryosan Co Ltd (TSE:8140) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-5, Higashi-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0031

Website

http://www.ryosan.co.jp

Ryosan Co Ltd is a Japan-based electronic trading company that sells semiconductors, electronic components, and electronic equipment. The company also has a solutions operation that complements other business segments by aiding customers with the optimization of their manufacturing processes. The majority of Ryosan's revenue can be traced back to its semiconductor business where it serves as the intermediary between semiconductor producers and electronics manufacturers. Products are sold primarily to market participants in Asia, with the majority of demand coming from customers in Japan and China.

Ryosan Co (TSE:8140) Headlines

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