Forval RealStraight (TSE:9423) Receivables Turnover: 2.07 (As of Mar. 2026)

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TSE:9423 Forval RealStraight Inc TSE:9423
80 GF Score
Price 円104.00
GF Value 円163.68
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Forval RealStraight Receivables Turnover?

Forval RealStraight TSE:9423 +0.97% 80 Receivables Turnover is 2.07 as of Mar. 2026. GuruFocus rates TSE:9423 with a GF Score™ of 80/100 and a GF Value™ of 円163.68 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,667 Real Estate companies, Forval RealStraight ranks worse than 54.89% 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. Forval RealStraight's Revenue for the three months ended in Mar. 2026 was 円1,210 Mil. Forval RealStraight's average Accounts Receivable for the three months ended in Mar. 2026 was 円586 Mil. Hence, Forval RealStraight's Receivables Turnover for the three months ended in Mar. 2026 was 2.07.


Forval RealStraight  (TSE:9423) 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.


Forval RealStraight Receivables Turnover Related Terms


Forval RealStraight Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Forval RealStraight'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.

Forval RealStraight Receivables Turnover Chart

Forval RealStraight 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 7.93 10.62 8.47 7.78 8.26

Forval RealStraight Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 2.44 2.22 2.04 2.07

TSE:9423 vs CBRE, BEKE, JLL: Receivables Turnover Comparison

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's Receivables Turnover distribution charts can be found below:

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


TSE:9423
80GF Score
Forval RealStraight Inc TSE:9423
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Forval RealStraight Receivables Turnover Calculation

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

Forval RealStraight'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 )
=4563.715 / ((404.968 + 700.418) / 2 )
=4563.715 / 552.693
=8.26

Forval RealStraight'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 )
=1209.777 / ((471.19 + 700.418) / 2 )
=1209.777 / 585.804
=2.07

* 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 2.07 mean?
Forval RealStraight (TSE:9423) has a Receivables Turnover of 2.07 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 Forval RealStraight and its competitors. According to the industry distribution chart, Forval RealStraight ranks #915 out of 1667 companies in the Real Estate industry, placing it in the top 54.9%.
Is Forval RealStraight's Receivables Turnover too high?
Forval RealStraight's current Receivables Turnover is 2.07. The Real Estate industry median Receivables Turnover is 10.63. Forval RealStraight's value of 2.07 is 80.5% below this industry median. Based on the distribution chart, Forval RealStraight ranks #915 out of 1667 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #915 out of 1667 companies for Receivables Turnover. This places Forval RealStraight in the lower half of its industry. The industry median Receivables Turnover is 10.63. Forval RealStraight's value of 2.07 is 80.5% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.63, based on 1,667 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. Forval RealStraight's current Receivables Turnover of 2.07 is 80.5% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current Receivables Turnover is 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円163.68, compared to a current price of 円104.00 — trading 36.5% below its estimated fair value. The current Receivables Turnover is 2.07 and 80.5% below the Real Estate industry median of 10.63. Forval RealStraight's overall GF Score™ is 80/100 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 Forval RealStraight (TSE:9423), the current Receivables Turnover is 2.07 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 36.5% below its estimated GF Value™ of 円163.68. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • Receivables Turnover: 2.07
  • GF Value™: 円163.68 vs. price of 円104.00 (36.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 80.5% below the Real Estate median (#915 of 1667)

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
80GF Score

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

円104.00
Price
円163.68
GF Value