Zero Co (TSE:9028) Receivables Turnover: 2.50 (As of Mar. 2026)

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TSE:9028 Zero Co Ltd TSE:9028
84 GF Score
Price 円3,600.00
GF Value 円2,583.65
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zero Co Receivables Turnover?

Zero Co TSE:9028 -0.69% 84 Receivables Turnover is 2.50 as of Mar. 2026. GuruFocus rates TSE:9028 with a GF Score™ of 84/100 and a GF Value™ of 円2,583.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,314 Vehicles & Parts companies, Zero Co ranks better than 52.82% on this metric.

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. Zero Co's Revenue for the three months ended in Mar. 2026 was 円46,084 Mil. Zero Co's average Accounts Receivable for the three months ended in Mar. 2026 was 円18,406 Mil. Hence, Zero Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.50.


Zero Co  (TSE:9028) 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.


Zero Co Receivables Turnover Related Terms


Zero Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zero 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.

Zero Co Receivables Turnover Chart

Zero Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.22 7.44 8.65 8.75 8.51

Zero Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.25 1.71 2.05 0.00 2.50

TSE:9028 vs CVNA, PAG, ALTB: Receivables Turnover Comparison

For the Auto & Truck Dealerships subindustry, Zero 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.


Zero Co Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Receivables Turnover distribution charts can be found below:

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


TSE:9028
84GF Score
Zero Co Ltd TSE:9028
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero Co Receivables Turnover Calculation

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

Zero Co's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=147843 / ((17326 + 17431) / 2 )
=147843 / 17378.5
=8.51

Zero Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=46084 / ((14130 + 22682) / 2 )
=46084 / 18406
=2.50

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.50 mean?
Zero Co (TSE:9028) has a Receivables Turnover of 2.50 as of Mar. 2026. 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 Zero Co and its competitors. According to the industry distribution chart, Zero Co ranks #620 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 47.2%.
Is Zero Co's Receivables Turnover too high?
Zero Co's current Receivables Turnover is 2.50. The Vehicles & Parts industry median Receivables Turnover is 5.99. Zero Co's value of 2.50 is 58.2% below this industry median. Based on the distribution chart, Zero Co ranks #620 out of 1314 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zero Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zero Co's Receivables Turnover compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Zero Co ranks #620 out of 1314 companies for Receivables Turnover. This puts Zero Co in the upper half of its industry. The industry median Receivables Turnover is 5.99. Zero Co's value of 2.50 is 58.2% below 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,314 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. Zero Co's current Receivables Turnover of 2.50 is 58.2% below 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 Zero Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero Co's current Receivables Turnover is 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero Co stock overvalued right now?
Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,583.65, compared to a current price of 円3,600.00 — trading 39.3% above its estimated fair value. The current Receivables Turnover is 2.50 and 58.2% below the Vehicles & Parts industry median of 5.99. Zero Co's overall GF Score™ is 84/100 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 Zero Co (TSE:9028), the current Receivables Turnover is 2.50 as of Mar. 2026. 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 Zero Co (TSE:9028) Overvalued in 2026?

Based on GuruFocus' analysis, Zero Co stock appears to be overvalued. The current stock price of 円3,600.00 is trading 39.3% above its estimated GF Value™ of 円2,583.65. GuruFocus considers Zero Co to be Significantly Overvalued.

Key valuation signals for TSE:9028:

  • Receivables Turnover: 2.50
  • GF Value™: 円2,583.65 vs. price of 円3,600.00 (39.3% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 58.2% below the Vehicles & Parts median (#620 of 1314)

No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero Co Business Description

Address Solid Square West Tower 6th floor, 580 Horikawa-cho, Saiwai-ku, Kawasaki, JPN, 212-0013
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
84GF Score

Get the complete analysis for TSE:9028

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,600.00
Price
円2,583.65
GF Value