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Slogan (TSE:9253) Receivables Turnover : 3.41 (As of Aug. 2024)


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What is Slogan 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. Slogan's Revenue for the three months ended in Aug. 2024 was 円232 Mil. Slogan's average Accounts Receivable for the three months ended in Aug. 2024 was 円68 Mil. Hence, Slogan's Receivables Turnover for the three months ended in Aug. 2024 was 3.41.


Slogan Receivables Turnover Historical Data

The historical data trend for Slogan'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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Slogan Receivables Turnover Chart

Slogan Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
7.38 6.15 8.30 14.59 15.21

Slogan Quarterly Data
Feb20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 4.06 3.61 3.87 5.91 3.41

Competitive Comparison of Slogan's Receivables Turnover

For the Staffing & Employment Services subindustry, Slogan'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.


Slogan's Receivables Turnover Distribution in the Business Services Industry

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

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


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Slogan Receivables Turnover Calculation

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

Slogan's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=1418.396 / ((88.847 + 97.717) / 2 )
=1418.396 / 93.282
=15.21

Slogan's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: May. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=231.56 / ((85.781 + 50.051) / 2 )
=231.56 / 67.916
=3.41

* 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.


Slogan  (TSE:9253) 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.


Slogan Receivables Turnover Related Terms

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Slogan Business Description

Traded in Other Exchanges
N/A
Address
2-11-7 Minamiaoyama, Minato-ku, Tokyo, JPN, 107?0062
Slogan Inc offers recruitment support service by recruiting platform for new industries.

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