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Last One Mile Co (TSE:9252) Receivables Turnover : 1.78 (As of Feb. 2024)


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What is Last One Mile 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. Last One Mile Co's Revenue for the three months ended in Feb. 2024 was 円2,837 Mil. Last One Mile Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円1,596 Mil. Hence, Last One Mile Co's Receivables Turnover for the three months ended in Feb. 2024 was 1.78.


Last One Mile Co Receivables Turnover Historical Data

The historical data trend for Last One Mile 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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Last One Mile Co Receivables Turnover Chart

Last One Mile Co Annual Data
Trend Nov19 Nov20 Nov21
Receivables Turnover
12.10 9.09 8.50

Last One Mile Co Quarterly Data
Nov19 Nov20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 1.55 1.88 1.76 1.78

Competitive Comparison of Last One Mile Co's Receivables Turnover

For the Specialty Business Services subindustry, Last One Mile 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.


Last One Mile Co's Receivables Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where Last One Mile Co's Receivables Turnover falls into.



Last One Mile Co Receivables Turnover Calculation

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

Last One Mile Co's Receivables Turnover for the fiscal year that ended in Nov. 2021 is calculated as

Receivables Turnover (A: Nov. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Nov. 2021 ) / ((Accounts Receivable (A: Nov. 2020 ) + Accounts Receivable (A: Nov. 2021 )) / count )
=8318.439 / ((863.85 + 1093.454) / 2 )
=8318.439 / 978.652
=8.50

Last One Mile Co's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=2837.06 / ((1406.763 + 1785.225) / 2 )
=2837.06 / 1595.994
=1.78

* 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.


Last One Mile Co  (TSE:9252) 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.


Last One Mile Co Receivables Turnover Related Terms

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Last One Mile Co (TSE:9252) Business Description

Traded in Other Exchanges
N/A
Address
4-21-1 Higashiikebukuro, Toshima-ku, Tokyo, JPN, 170-0013
Last One Mile Co Ltd is engaged in selling new electronic power, new gas and internet connections.

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