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Computer Engineeringnsulting (TSE:9692) Receivables Turnover : 1.42 (As of Jul. 2024)


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What is Computer Engineeringnsulting 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. Computer Engineeringnsulting's Revenue for the three months ended in Jul. 2024 was 円13,521 Mil. Computer Engineeringnsulting's average Accounts Receivable for the three months ended in Jul. 2024 was 円9,545 Mil. Hence, Computer Engineeringnsulting's Receivables Turnover for the three months ended in Jul. 2024 was 1.42.


Computer Engineeringnsulting Receivables Turnover Historical Data

The historical data trend for Computer Engineeringnsulting'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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Computer Engineeringnsulting Receivables Turnover Chart

Computer Engineeringnsulting Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 4.37 4.43 4.81 5.20

Computer Engineeringnsulting Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 1.43 1.34 1.38 1.42 1.42

Competitive Comparison of Computer Engineeringnsulting's Receivables Turnover

For the Software - Application subindustry, Computer Engineeringnsulting'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.


Computer Engineeringnsulting's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Computer Engineeringnsulting's Receivables Turnover distribution charts can be found below:

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


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Computer Engineeringnsulting Receivables Turnover Calculation

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

Computer Engineeringnsulting'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 )
=53124.026 / ((10103.576 + 10343.099) / 2 )
=53124.026 / 10223.3375
=5.20

Computer Engineeringnsulting's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Apr. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=13521.031 / ((9401.818 + 9688.96) / 2 )
=13521.031 / 9545.389
=1.42

* 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.


Computer Engineeringnsulting  (TSE:9692) 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.


Computer Engineeringnsulting Receivables Turnover Related Terms

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Computer Engineeringnsulting Business Description

Traded in Other Exchanges
N/A
Address
5-5, Ebisu Minami 1-chome, JR Ebisu Building, Shibuya-ku, Tokyo, JPN, 150-0022
Computer Engineering & Consulting Ltd. is a Japan-based company engaged in software development, information technology (IT) management, and verification services. It offers comprehensive ICT services, and operates in the business divisions of Digital Industry Business and Service Integration Business.

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