Kyowa Engineering Consultants Co (TSE:9647) Receivables Turnover : 0.96 (As of Feb. 2024)

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What is Kyowa Engineering Consultants 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. Kyowa Engineering Consultants Co's Revenue for the three months ended in Feb. 2024 was 円1,974 Mil. Kyowa Engineering Consultants Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円2,064 Mil. Hence, Kyowa Engineering Consultants Co's Receivables Turnover for the three months ended in Feb. 2024 was 0.96.

Kyowa Engineering Consultants Co Receivables Turnover Historical Data

The historical data trend for Kyowa Engineering Consultants 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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Kyowa Engineering Consultants Co Receivables Turnover Chart

Kyowa Engineering Consultants Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Receivables Turnover

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5.30

6.26

7.46

5.40

4.32

Kyowa Engineering Consultants Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															0.93	1.33	1.27	1.10	0.96

Competitive Comparison of Kyowa Engineering Consultants Co's Receivables Turnover

For the Engineering & Construction subindustry, Kyowa Engineering Consultants 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.

Kyowa Engineering Consultants Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kyowa Engineering Consultants Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kyowa Engineering Consultants Co's Receivables Turnover falls into.

Kyowa Engineering Consultants Co Receivables Turnover Calculation

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

Kyowa Engineering Consultants Co's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Receivables Turnover (A: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2023 )	/ (	(Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )
=	7679.762	/ (	(1835.492	+	1717.777)	/	2 )
=	7679.762	/	1776.6345
=	4.32

Kyowa Engineering Consultants Co's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	1974.235	/ (	(1717.777	+	2411.215)	/	2 )
=	1974.235	/	2064.496
=	0.96

Kyowa Engineering Consultants Co (TSE:9647) 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.

Kyowa Engineering Consultants Co Receivables Turnover Related Terms

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Kyowa Engineering Consultants Co (TSE:9647) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kyowa Engineering Consultants Co Ltd (TSE:9647) » Definitions » Receivables Turnover

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Address

62-11, Sasazuka 1-chome, Shibuya-ku, Tokyo, JPN, 151-0073

Website

http://www.kyowa-c.co.jp

Kyowa Engineering Consultants Co Ltd provides general construction consultancy services. It offers geological surveys and engineering services for transportation, design and management services. The company offers structural design and maintenance services, including investigation, planning, design, inspection/repair technology, and construction management services for bridges, underground structures, water supply, and sewer facilities, tunnels, common grooves.

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