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XEBIO holdings Co (TSE:8281) Receivables Turnover : 2.60 (As of Dec. 2023)


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What is XEBIO holdings 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. XEBIO holdings Co's Revenue for the three months ended in Dec. 2023 was 円62,094 Mil. XEBIO holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円23,864 Mil. Hence, XEBIO holdings Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.60.


XEBIO holdings Co Receivables Turnover Historical Data

The historical data trend for XEBIO holdings 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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XEBIO holdings Co Receivables Turnover Chart

XEBIO holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 10.88 9.84 10.16 10.43

XEBIO holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.53 2.32 2.71 2.66 2.60

Competitive Comparison of XEBIO holdings Co's Receivables Turnover

For the Specialty Retail subindustry, XEBIO holdings 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.


XEBIO holdings Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, XEBIO holdings Co's Receivables Turnover distribution charts can be found below:

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



XEBIO holdings Co Receivables Turnover Calculation

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

XEBIO holdings 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 )
=239293 / ((22477 + 23414) / 2 )
=239293 / 22945.5
=10.43

XEBIO holdings 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 )
=62094 / ((20950 + 26778) / 2 )
=62094 / 23864
=2.60

* 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.


XEBIO holdings Co  (TSE:8281) 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.


XEBIO holdings Co Receivables Turnover Related Terms

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XEBIO holdings Co (TSE:8281) Business Description

Traded in Other Exchanges
N/A
Address
3-7-35, Asahi, Fukushima, Koriyama, JPN, 963-8024
XEBIO holdings Co Ltd is a sporting goods, equipment, and apparel retailer. The company engages in the sales of sporting goods for various sports which include golf, skiing, athletics, bodybuilding, football, basketball. Its product portfolio includes footwear, jackets, t-shirts, bags, and golf clubs.

XEBIO holdings Co (TSE:8281) Headlines

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