Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Aoyama Zaisan Networks Co's Revenue for the
three
months ended in Dec. 2025 was 円7,666 Mil. Aoyama Zaisan Networks Co's average Accounts Receivable for the
three
months ended in Dec. 2025 was 円697 Mil.
Hence, Aoyama Zaisan Networks Co's Receivables Turnover for the
three
months ended in Dec. 2025 was 11.01.
Aoyama Zaisan Networks Co (TSE:8929) 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.
Aoyama Zaisan Networks Co Receivables Turnover Related Terms
Aoyama Zaisan Networks Co Receivables Turnover Historical Data
* 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.
Aoyama Zaisan Networks Co Receivables Turnover Chart
TSE:8929 vs CBRE, BEKE, JLL: Receivables Turnover Comparison
For the Real Estate Services subindustry, Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Aoyama Zaisan Networks Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Aoyama Zaisan Networks Co'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.
Aoyama Zaisan Networks Co (TSE:8929) has a Receivables Turnover of 11.01 as of Dec. 2025. 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 Aoyama Zaisan Networks Co and its competitors. According to the industry distribution chart, Aoyama Zaisan Networks Co ranks #272 out of 1665 companies in the Real Estate industry, placing it in the top 16.3%.
Is Aoyama Zaisan Networks Co's Receivables Turnover too high?
Aoyama Zaisan Networks Co's current Receivables Turnover is 11.01. The Real Estate industry median Receivables Turnover is 10.64. Aoyama Zaisan Networks Co's value of 11.01 is 3.5% above this industry median. Based on the distribution chart, Aoyama Zaisan Networks Co ranks #272 out of 1665 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Aoyama Zaisan Networks Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Zaisan Networks Co's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Aoyama Zaisan Networks Co ranks #272 out of 1665 companies for Receivables Turnover. This places Aoyama Zaisan Networks Co in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.64. Aoyama Zaisan Networks Co's value of 11.01 is 3.5% above 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.64, based on 1,665 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. Aoyama Zaisan Networks Co's current Receivables Turnover of 11.01 is 3.5% above 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 Aoyama Zaisan Networks Co and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Zaisan Networks Co's current Receivables Turnover is 11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Zaisan Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co (TSE:8929) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,425.58, compared to a current price of 円1,286.00 — trading 9.8% below its estimated fair value. The current Receivables Turnover is 11.01 and 3.5% above the Real Estate industry median of 10.64. Aoyama Zaisan Networks Co's overall GF Score™ is 87/100 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 Aoyama Zaisan Networks Co (TSE:8929), the current Receivables Turnover is 11.01 as of Dec. 2025. 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 Aoyama Zaisan Networks Co (TSE:8929) Overvalued in 2026?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co stock appears to be undervalued.
The current stock price of 円1,286.00 is trading 9.8% below its estimated GF Value™ of 円1,425.58.
GuruFocus considers Aoyama Zaisan Networks Co to be Modestly Undervalued.
Key valuation signals for TSE:8929:
Receivables Turnover: 11.01
GF Value™: 円1,425.58 vs. price of 円1,286.00 (9.8% below fair value)
Industry Position: 3.5% above the Real Estate median (#272 of 1665)
No single metric tells the full story. See the TSE:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aoyama Zaisan Networks Co Ltd is engaged in the provision of consulting services of asset transferring, maintenance and operation, among others. It is also engaged in corporate finance consulting and real estate solutions consulting in Japan.
87GF Score
Get the complete analysis for TSE:8929
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8929 has been successfully added to your 
