H2O Retailing (TSE:8242) Receivables Turnover : 2.25 (As of Dec. 2023)

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What is H2O Retailing 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. H2O Retailing's Revenue for the three months ended in Dec. 2023 was 円176,921 Mil. H2O Retailing's average Accounts Receivable for the three months ended in Dec. 2023 was 円78,722 Mil. Hence, H2O Retailing's Receivables Turnover for the three months ended in Dec. 2023 was 2.25.

H2O Retailing Receivables Turnover Historical Data

The historical data trend for H2O Retailing'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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H2O Retailing Receivables Turnover Chart

H2O Retailing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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19.02

14.96

9.07

9.78

9.18

H2O Retailing 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															2.02	2.25	2.39	2.25	1.97

Competitive Comparison of H2O Retailing's Receivables Turnover

For the Grocery Stores subindustry, H2O Retailing'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.

H2O Retailing's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, H2O Retailing's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where H2O Retailing's Receivables Turnover falls into.

H2O Retailing Receivables Turnover Calculation

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

H2O Retailing'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 )
=	657400	/ (	(68572	+	74653)	/	2 )
=	657400	/	71612.5
=	9.18

H2O Retailing'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 )
=	176921	/ (	(67972	+	89472)	/	2 )
=	176921	/	78722
=	2.25

H2O Retailing (TSE:8242) 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.

H2O Retailing Receivables Turnover Related Terms

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H2O Retailing (TSE:8242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » H2O Retailing Corp (TSE:8242) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HKU:Germany

Address

8-7 Kakuda-cho, Kita-ku, Osaka, JPN, 530-8350

Website

http://www.h2o-retailing.co.jp

H2O Retailing Corp is a Japan-based retailer that provides a broad range of merchandise to meet consumers' needs, from daily needs to special products. The company's core business is the department store business, which includes both the Hankyu and Hanshin department store chains. Superstore business is the company's another major business arm, including the Izumiya and Hankyu Oasis store chains. H2O Retailing also runs a specialty store business, engaged in providing cosmetics, ladies' footwear, and other products and services. In addition to retail businesses, the company operates other businesses as well, such as hotels and restaurants.

H2O Retailing (TSE:8242) Headlines

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