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Central Security Patrols Co (TSE:9740) Receivables Turnover : 2.03 (As of Aug. 2024)


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What is Central Security Patrols 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. Central Security Patrols Co's Revenue for the three months ended in Aug. 2024 was 円17,318 Mil. Central Security Patrols Co's average Accounts Receivable for the three months ended in Aug. 2024 was 円8,545 Mil. Hence, Central Security Patrols Co's Receivables Turnover for the three months ended in Aug. 2024 was 2.03.


Central Security Patrols Co Receivables Turnover Historical Data

The historical data trend for Central Security Patrols 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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Central Security Patrols Co Receivables Turnover Chart

Central Security Patrols Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.47 7.90 8.21 7.76 7.80

Central Security Patrols Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1.93 2.11 2.15 2.01 2.03

Competitive Comparison of Central Security Patrols Co's Receivables Turnover

For the Security & Protection Services subindustry, Central Security Patrols 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.


Central Security Patrols Co's Receivables Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where Central Security Patrols Co's Receivables Turnover falls into.


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Central Security Patrols Co Receivables Turnover Calculation

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

Central Security Patrols Co's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=68010.836 / ((8507.021 + 8925.742) / 2 )
=68010.836 / 8716.3815
=7.80

Central Security Patrols Co's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: May. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=17317.546 / ((8499.469 + 8590.464) / 2 )
=17317.546 / 8544.9665
=2.03

* 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.


Central Security Patrols Co  (TSE:9740) 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.


Central Security Patrols Co Receivables Turnover Related Terms

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Central Security Patrols Co Business Description

Traded in Other Exchanges
N/A
Address
Nishi-Shinjuku, Shinjuku-chome fourth No. 1, Shinjuku NS Building, Tokyo, JPN, 163-0831
Central Security Patrols Co Ltd provides security services in Japan. The company provides manned guarding, machine security, online security, home security, transport security, and surveillance camera. The company also develops and sells information security system and cryptographic technology software.

Central Security Patrols Co Headlines

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