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ASNOVA Co (TSE:9223) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is ASNOVA 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. ASNOVA Co's Revenue for the three months ended in Sep. 2024 was 円0 Mil. ASNOVA Co's average Accounts Receivable for the three months ended in Sep. 2024 was 円626 Mil.


ASNOVA Co Receivables Turnover Historical Data

The historical data trend for ASNOVA 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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ASNOVA Co Receivables Turnover Chart

ASNOVA Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
8.54 7.13 7.62 7.24 6.90

ASNOVA Co Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.66 1.61 1.61 1.61 -

Competitive Comparison of ASNOVA Co's Receivables Turnover

For the Rental & Leasing Services subindustry, ASNOVA 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.


ASNOVA Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ASNOVA Co's Receivables Turnover distribution charts can be found below:

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


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ASNOVA Co Receivables Turnover Calculation

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

ASNOVA Co'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 )
=3785.574 / ((474.156 + 623.503) / 2 )
=3785.574 / 548.8295
=6.90

ASNOVA Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((623.503 + 627.928) / 2 )
=0 / 625.7155
=N/A

* 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.


ASNOVA Co  (TSE:9223) 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.


ASNOVA Co Receivables Turnover Related Terms

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ASNOVA Co Business Description

Traded in Other Exchanges
N/A
Address
4-60 Hiraike-cho, 12 Global Gate 26th Floor, Nakamura-ku, Aichi, Nagoya-shi, JPN, 453-6126
ASNOVA Co Ltd is engaged in the scaffolding rental related business.

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