Subaru Enterprise Co (TSE:9632) Receivables Turnover : 1.54 (As of Apr. 2024)

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What is Subaru Enterprise 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. Subaru Enterprise Co's Revenue for the three months ended in Apr. 2024 was 円8,063 Mil. Subaru Enterprise Co's average Accounts Receivable for the three months ended in Apr. 2024 was 円5,226 Mil. Hence, Subaru Enterprise Co's Receivables Turnover for the three months ended in Apr. 2024 was 1.54.

Subaru Enterprise Co Receivables Turnover Historical Data

The historical data trend for Subaru Enterprise 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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Subaru Enterprise Co Receivables Turnover Chart

Subaru Enterprise Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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4.92

4.58

4.44

4.04

4.08

Subaru Enterprise Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Receivables Turnover	Get a 7-Day Free Trial															1.45	1.76	1.34	1.19	1.54

Competitive Comparison of Subaru Enterprise Co's Receivables Turnover

For the Specialty Business Services subindustry, Subaru Enterprise 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.

Subaru Enterprise Co's Receivables Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where Subaru Enterprise Co's Receivables Turnover falls into.

Subaru Enterprise Co Receivables Turnover Calculation

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

Subaru Enterprise Co's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	29245.53	/ (	(7383.343	+	6960.775)	/	2 )
=	29245.53	/	7172.059
=	4.08

Subaru Enterprise Co's Receivables Turnover for the quarter that ended in Apr. 2024 is calculated as

	Receivables Turnover (Q: Apr. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Apr. 2024 )	/ (	(Accounts Receivable (Q: Jan. 2024 )	+	Accounts Receivable (Q: Apr. 2024 ))	/	count )
=	8062.58	/ (	(6960.775	+	3490.704)	/	2 )
=	8062.58	/	5225.7395
=	1.54

Subaru Enterprise Co (TSE:9632) 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.

Subaru Enterprise Co Receivables Turnover Related Terms

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Subaru Enterprise Co (TSE:9632) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Subaru Enterprise Co Ltd (TSE:9632) » Definitions » Receivables Turnover

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Address

No. 10 No. 1 Yurakucho, Chiyoda-ku, Tokyo, JPN

Website

http://www.subaru-kougyou.jp

Subaru Enterprise Co Ltd is a Japan-based company. Its business is divided into Road related business, Leisure business and Real estate business. Road related business offers maintenance and cleaning of road and road incidental facilities, contracting repair work, contract service operation of toll roads etc., photovoltaic power generation business. Leisure business offers film entertainment, food and beverage, and merchandising business, marina management business. The real estate management department conducts management of various real estate for rent, real estate sales and real estate brokerage.

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