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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. Asia Air Survey Co's Revenue for the
three
months ended in Mar. 2026 was 円14,776 Mil. Asia Air Survey Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円25,275 Mil.
Hence, Asia Air Survey Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.58.
Asia Air Survey Co (TSE:9233) 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.
Asia Air Survey Co Receivables Turnover Related Terms
Asia Air Survey Co Receivables Turnover Historical Data
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The historical data trend for Asia Air Survey 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.
TSE:9233 vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Asia Air Survey 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.
Asia Air Survey Co Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Asia Air Survey Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Asia Air Survey 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.
Asia Air Survey Co (TSE:9233) has a Receivables Turnover of 0.58 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 Asia Air Survey Co and its competitors. According to the industry distribution chart, Asia Air Survey Co ranks #1505 out of 1768 companies in the Construction industry, placing it in the top 85.1%.
Is Asia Air Survey Co's Receivables Turnover too high?
Asia Air Survey Co's current Receivables Turnover is 0.58. The Construction industry median Receivables Turnover is 4.80. Asia Air Survey Co's value of 0.58 is 87.9% below this industry median. Based on the distribution chart, Asia Air Survey Co ranks #1505 out of 1768 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Asia Air Survey Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Air Survey Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Air Survey Co ranks #1505 out of 1768 companies for Receivables Turnover. This places Asia Air Survey Co in the lower half of its industry. The industry median Receivables Turnover is 4.80. Asia Air Survey Co's value of 0.58 is 87.9% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.80, based on 1,768 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. Asia Air Survey Co's current Receivables Turnover of 0.58 is 87.9% 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 Asia Air Survey Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Air Survey Co's current Receivables Turnover is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Air Survey Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Air Survey Co (TSE:9233) is currently considered Fairly Valued. The stock's GF Value™ is 円1,170.68, compared to a current price of 円1,130.00 — trading 3.5% below its estimated fair value. The current Receivables Turnover is 0.58 and 87.9% below the Construction industry median of 4.80. Asia Air Survey Co's overall GF Score™ is 82/100 with 3 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 Asia Air Survey Co (TSE:9233), the current Receivables Turnover is 0.58 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 Asia Air Survey Co (TSE:9233) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Air Survey Co stock appears to be undervalued.
The current stock price of 円1,130.00 is trading 3.5% below its estimated GF Value™ of 円1,170.68.
GuruFocus considers Asia Air Survey Co to be Fairly Valued.
Key valuation signals for TSE:9233:
Receivables Turnover: 0.58
GF Value™: 円1,170.68 vs. price of 円1,130.00 (3.5% below fair value)
Industry Position: 87.9% below the Construction median (#1505 of 1768)
No single metric tells the full story. See the TSE:9233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.
82GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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