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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. Meiji Shipping Group Co's Revenue for the
three
months ended in Mar. 2026 was 円15,927 Mil. Meiji Shipping Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円752 Mil.
Hence, Meiji Shipping Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 21.18.
Meiji Shipping Group Co (TSE:9115) 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.
Meiji Shipping Group Co Receivables Turnover Related Terms
Meiji Shipping Group Co Receivables Turnover Historical Data
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The historical data trend for Meiji Shipping Group 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.
Meiji Shipping Group Co Receivables Turnover Chart
TSE:9115 vs UPS, FDX, JBHT: Receivables Turnover Comparison
For the Integrated Freight & Logistics subindustry, Meiji Shipping Group 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.
Meiji Shipping Group Co Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Meiji Shipping Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Meiji Shipping Group 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.
Meiji Shipping Group Co (TSE:9115) has a Receivables Turnover of 21.18 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 Meiji Shipping Group Co and its competitors. According to the industry distribution chart, Meiji Shipping Group Co ranks #21 out of 997 companies in the Transportation industry, placing it in the top 2.1%.
Is Meiji Shipping Group Co's Receivables Turnover too high?
Meiji Shipping Group Co's current Receivables Turnover is 21.18. The Transportation industry median Receivables Turnover is 7.80. Meiji Shipping Group Co's value of 21.18 is 171.5% above this industry median. Based on the distribution chart, Meiji Shipping Group Co ranks #21 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Meiji Shipping Group Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Shipping Group Co's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Meiji Shipping Group Co ranks #21 out of 997 companies for Receivables Turnover. This places Meiji Shipping Group Co in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.80. Meiji Shipping Group Co's value of 21.18 is 171.5% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.80, based on 997 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. Meiji Shipping Group Co's current Receivables Turnover of 21.18 is 171.5% 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 Meiji Shipping Group Co and its competitors. For the Transportation industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Shipping Group Co's current Receivables Turnover is 21.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Shipping Group Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Shipping Group Co (TSE:9115) is currently considered Significantly Overvalued. The stock's GF Value™ is 円655.00, compared to a current price of 円927.00 — trading 41.5% above its estimated fair value. The current Receivables Turnover is 21.18 and 171.5% above the Transportation industry median of 7.80. Meiji Shipping Group Co's overall GF Score™ is 79/100 with 5 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 Meiji Shipping Group Co (TSE:9115), the current Receivables Turnover is 21.18 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 Meiji Shipping Group Co (TSE:9115) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Shipping Group Co stock appears to be overvalued.
The current stock price of 円927.00 is trading 41.5% above its estimated GF Value™ of 円655.00.
GuruFocus considers Meiji Shipping Group Co to be Significantly Overvalued.
Key valuation signals for TSE:9115:
Receivables Turnover: 21.18
GF Value™: 円655.00 vs. price of 円927.00 (41.5% above fair value)
Industry Position: 171.5% above the Transportation median (#21 of 997)
No single metric tells the full story. See the TSE:9115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Shipping Group Co Ltd is engaged in maritime business, shipping business, hotel business, and other business. The company owns tankers, bulk carrier, container carrier, and wood chip carrier.
79GF Score
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