Nisso Holdings Co (TSE:9332) Receivables Turnover: 2.27 (As of Mar. 2026)

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TSE:9332 Nisso Holdings Co Ltd TSE:9332
77 GF Score
Price 円680.00
GF Value 円959.99
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nisso Holdings Co Receivables Turnover?

Nisso Holdings Co TSE:9332 -0.29% 77 Receivables Turnover is 2.27 as of Mar. 2026. GuruFocus rates TSE:9332 with a GF Score™ of 77/100 and a GF Value™ of 円959.99 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,062 Business Services companies, Nisso Holdings Co ranks better than 74.29% on this metric.

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. Nisso Holdings Co's Revenue for the three months ended in Mar. 2026 was 円28,861 Mil. Nisso Holdings Co's average Accounts Receivable for the three months ended in Mar. 2026 was 円12,703 Mil. Hence, Nisso Holdings Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.27.


Nisso Holdings Co  (TSE:9332) 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.


Nisso Holdings Co Receivables Turnover Related Terms


Nisso Holdings Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nisso Holdings 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.

Nisso Holdings Co Receivables Turnover Chart

Nisso Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.90 9.00 8.76 9.04 9.16

Nisso Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.10 2.26 2.38 2.27 2.21

TSE:9332 vs RHI, KFY, TNET: Receivables Turnover Comparison

For the Staffing & Employment Services subindustry, Nisso Holdings 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.


Nisso Holdings Co Receivables Turnover vs Business Services Industry

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

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


TSE:9332
77GF Score
Nisso Holdings Co Ltd TSE:9332
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nisso Holdings Co Receivables Turnover Calculation

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

Nisso Holdings Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=111430 / ((11223 + 13098) / 2 )
=111430 / 12160.5
=9.16

Nisso Holdings Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=28861 / ((12308 + 13098) / 2 )
=28861 / 12703
=2.27

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.27 mean?
Nisso Holdings Co (TSE:9332) has a Receivables Turnover of 2.27 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 Nisso Holdings Co and its competitors. According to the industry distribution chart, Nisso Holdings Co ranks #273 out of 1062 companies in the Business Services industry, placing it in the top 25.7%.
Is Nisso Holdings Co's Receivables Turnover too high?
Nisso Holdings Co's current Receivables Turnover is 2.27. The Business Services industry median Receivables Turnover is 6.43. Nisso Holdings Co's value of 2.27 is 64.7% below this industry median. Based on the distribution chart, Nisso Holdings Co ranks #273 out of 1062 companies in the Business Services industry, which is above the industry midpoint. Overall, Nisso Holdings Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nisso Holdings Co's Receivables Turnover compare to RHI and KFY?
According to the Business Services industry distribution chart, Nisso Holdings Co ranks #273 out of 1062 companies for Receivables Turnover. This puts Nisso Holdings Co in the upper half of its industry. The industry median Receivables Turnover is 6.43. Nisso Holdings Co's value of 2.27 is 64.7% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.43, based on 1,062 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. Nisso Holdings Co's current Receivables Turnover of 2.27 is 64.7% 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 Nisso Holdings Co and its competitors. For the Business Services industry, the median Receivables Turnover is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nisso Holdings Co's current Receivables Turnover is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisso Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nisso Holdings Co (TSE:9332) is currently considered Modestly Undervalued. The stock's GF Value™ is 円959.99, compared to a current price of 円680.00 — trading 29.2% below its estimated fair value. The current Receivables Turnover is 2.27 and 64.7% below the Business Services industry median of 6.43. Nisso Holdings Co's overall GF Score™ is 77/100 with 1 warning sign 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 Nisso Holdings Co (TSE:9332), the current Receivables Turnover is 2.27 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 Nisso Holdings Co (TSE:9332) Overvalued in 2026?

Based on GuruFocus' analysis, Nisso Holdings Co stock appears to be undervalued. The current stock price of 円680.00 is trading 29.2% below its estimated GF Value™ of 円959.99. GuruFocus considers Nisso Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9332:

  • Receivables Turnover: 2.27
  • GF Value™: 円959.99 vs. price of 円680.00 (29.2% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 64.7% below the Business Services median (#273 of 1062)

No single metric tells the full story. See the TSE:9332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nisso Holdings Co Business Description

Address 1-4-1 Shin-Yokohama, Kohoku-ku, Yokohama, JPN, 222-0033
Nisso Holdings Co Ltd is engaged in staffing related services. The company provides Manufacturing Contract, Labor management support, Consulting, Training contract, Recruitment, and Temporary staffing/ Referral scheduled dispatch. The company operates in two business segments which are General Human Resources Service Business and Other Businesses.
77GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円680.00
Price
円959.99
GF Value