FCE (TSE:9564) Receivables Turnover: 3.92 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9564 FCE Inc TSE:9564
89 GF Score
Price 円543.00
GF Value 円571.07
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is FCE Receivables Turnover?

FCE TSE:9564 +1.88% 89 Receivables Turnover is 3.92 as of Mar. 2026. GuruFocus rates TSE:9564 with a GF Score™ of 89/100 and a GF Value™ of 円571.07 (Fairly Valued). The stock has 1 warning sign investors should review. Among 542 Conglomerates companies, FCE ranks better than 86.16% 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. FCE's Revenue for the three months ended in Mar. 2026 was 円1,847 Mil. FCE's average Accounts Receivable for the three months ended in Mar. 2026 was 円471 Mil. Hence, FCE's Receivables Turnover for the three months ended in Mar. 2026 was 3.92.


FCE  (TSE:9564) 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.


FCE Receivables Turnover Related Terms


FCE Receivables Turnover Historical Data

* Premium members only.

The historical data trend for FCE'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.

FCE Receivables Turnover Chart

FCE Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial 14.91 15.97 15.54 15.90 17.52

FCE Quarterly Data
Sep20 Sep21 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 0.00 3.26 4.22 4.35 3.92

TSE:9564 vs MMM, HON: Receivables Turnover Comparison

For the Conglomerates subindustry, FCE'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.


FCE Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, FCE's Receivables Turnover distribution charts can be found below:

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


TSE:9564
89GF Score
FCE Inc TSE:9564
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FCE Receivables Turnover Calculation

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

FCE's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=6099.848 / ((332.065 + 364.371) / 2 )
=6099.848 / 348.218
=17.52

FCE'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 )
=1846.519 / ((365.751 + 576.796) / 2 )
=1846.519 / 471.2735
=3.92

* 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 3.92 mean?
FCE (TSE:9564) has a Receivables Turnover of 3.92 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 FCE and its competitors. According to the industry distribution chart, FCE ranks #75 out of 542 companies in the Conglomerates industry, placing it in the top 13.8%.
Is FCE's Receivables Turnover too high?
FCE's current Receivables Turnover is 3.92. The Conglomerates industry median Receivables Turnover is 6.31. FCE's value of 3.92 is 37.8% below this industry median. Based on the distribution chart, FCE ranks #75 out of 542 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, FCE has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FCE's Receivables Turnover compare to MMM and HON?
According to the Conglomerates industry distribution chart, FCE ranks #75 out of 542 companies for Receivables Turnover. This places FCE in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.31. FCE's value of 3.92 is 37.8% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 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. FCE's current Receivables Turnover of 3.92 is 37.8% 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 FCE and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FCE's current Receivables Turnover is 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FCE stock overvalued right now?
Based on GuruFocus' analysis, FCE (TSE:9564) is currently considered Fairly Valued. The stock's GF Value™ is 円571.07, compared to a current price of 円543.00 — trading 4.9% below its estimated fair value. The current Receivables Turnover is 3.92 and 37.8% below the Conglomerates industry median of 6.31. FCE's overall GF Score™ is 89/100 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 FCE (TSE:9564), the current Receivables Turnover is 3.92 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 FCE (TSE:9564) Overvalued in 2026?

Based on GuruFocus' analysis, FCE stock appears to be undervalued. The current stock price of 円543.00 is trading 4.9% below its estimated GF Value™ of 円571.07. GuruFocus considers FCE to be Fairly Valued.

Key valuation signals for TSE:9564:

  • Receivables Turnover: 3.92
  • GF Value™: 円571.07 vs. price of 円543.00 (4.9% below fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 37.8% below the Conglomerates median (#75 of 542)

No single metric tells the full story. See the TSE:9564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FCE Business Description

Address 2-4-1 Nishi-Shinjuku, 10F Shinjuku NS Building, Shinjuku-ku, Tokyo, JPN, 163-0810
FCE Inc is engaged in the managing a group of companies that offer services in industries such as education, training, digital transformation, and related operations. It has business segments such as DX Promotion Business, Education and Training Business, and Publishing Business.
89GF Score

Get the complete analysis for TSE:9564

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

円543.00
Price
円571.07
GF Value