GURUFOCUS.COM » STOCK LIST » Technology » Software » Japan Process Development Co Ltd (TSE:9651) » Definitions » Receivables Turnover

Japan Process Development Co (TSE:9651) Receivables Turnover : 0.92 (As of Feb. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Japan Process Development 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. Japan Process Development Co's Revenue for the three months ended in Feb. 2024 was 円2,342 Mil. Japan Process Development Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円2,555 Mil. Hence, Japan Process Development Co's Receivables Turnover for the three months ended in Feb. 2024 was 0.92.


Japan Process Development Co Receivables Turnover Historical Data

The historical data trend for Japan Process Development 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.

* Premium members only.

Japan Process Development Co Receivables Turnover Chart

Japan Process Development Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.84 3.87 3.54 3.69 4.00

Japan Process Development 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 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 0.84 0.97 0.93 0.92 0.92

Competitive Comparison of Japan Process Development Co's Receivables Turnover

For the Software - Application subindustry, Japan Process Development 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.


Japan Process Development Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Japan Process Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Japan Process Development Co's Receivables Turnover falls into.



Japan Process Development Co Receivables Turnover Calculation

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

Japan Process Development Co's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=8923.722 / ((2121.552 + 2337.235) / 2 )
=8923.722 / 2229.3935
=4.00

Japan Process Development 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 )
=2341.587 / ((2464.348 + 2645.313) / 2 )
=2341.587 / 2554.8305
=0.92

* 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.


Japan Process Development Co  (TSE:9651) 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.


Japan Process Development Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Japan Process Development Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Process Development Co (TSE:9651) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, 26th Floor, Minato-ku, Tokyo, JPN, 105-6126
Japan Process Development Co., Ltd. is a Japan based system integration and software development company. It is involved in the control system business, automotive system business, specific information system business, embedded systems business, IT service business and others.

Japan Process Development Co (TSE:9651) Headlines

No Headlines