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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. Horai Co's Revenue for the
three
months ended in Mar. 2026 was 円1,425 Mil. Horai Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円358 Mil.
Hence, Horai Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.98.
Horai Co (TSE:9679) 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.
Horai Co Receivables Turnover Related Terms
Horai Co Receivables Turnover Historical Data
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The historical data trend for Horai 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.
TSE:9679 vs BRK.A, AIG, HIG: Receivables Turnover Comparison
For the Insurance - Diversified subindustry, Horai 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.
Horai Co Receivables Turnover vs Insurance Industry
For the Insurance industry and Financial Services sector, Horai Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Horai Co's Receivables Turnover falls into.
* 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.
Horai Co (TSE:9679) has a Receivables Turnover of 3.98 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 Horai Co and its competitors. According to the industry distribution chart, Horai Co ranks #12 out of 61 companies in the Insurance industry, placing it in the top 19.7%.
Is Horai Co's Receivables Turnover too high?
Horai Co's current Receivables Turnover is 3.98. The Insurance industry median Receivables Turnover is 6.94. Horai Co's value of 3.98 is 42.7% below this industry median. Based on the distribution chart, Horai Co ranks #12 out of 61 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Horai Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horai Co's Receivables Turnover compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Horai Co ranks #12 out of 61 companies for Receivables Turnover. This places Horai Co in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.94. Horai Co's value of 3.98 is 42.7% 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 an Insurance company?
The median Receivables Turnover among Insurance companies is 6.94, based on 61 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. Horai Co's current Receivables Turnover of 3.98 is 42.7% 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 Horai Co and its competitors. For the Insurance industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horai Co's current Receivables Turnover is 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horai Co stock overvalued right now?
Based on GuruFocus' analysis, Horai Co (TSE:9679) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,974.30, compared to a current price of 円2,345.00 — trading 18.8% above its estimated fair value. The current Receivables Turnover is 3.98 and 42.7% below the Insurance industry median of 6.94. Horai Co's overall GF Score™ is 78/100 with 4 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 Horai Co (TSE:9679), the current Receivables Turnover is 3.98 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 Horai Co (TSE:9679) Overvalued in 2026?
Based on GuruFocus' analysis, Horai Co stock appears to be overvalued.
The current stock price of 円2,345.00 is trading 18.8% above its estimated GF Value™ of 円1,974.30.
GuruFocus considers Horai Co to be Modestly Overvalued.
Key valuation signals for TSE:9679:
Receivables Turnover: 3.98
GF Value™: 円1,974.30 vs. price of 円2,345.00 (18.8% above fair value)
Industry Position: 42.7% below the Insurance median (#12 of 61)
No single metric tells the full story. See the TSE:9679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horai Co Ltd is engaged in the insurance agency business, rental property operation and management, real estate buying and selling and brokerage, feed production, dairy cow breeding, production and sales of milk and dairy products, operation of restaurants and tourist facilities, and operation of golf courses. The company is mainly engaged in Insurance business.
78GF Score
Get the complete analysis for TSE:9679
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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