Morito Co (TSE:9837) Receivables Turnover: 3.72 (As of May. 2026)

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TSE:9837 Morito Co Ltd TSE:9837
87 GF Score
Price 円1,803.00
GF Value 円1,769.10
Valuation Fairly Valued
! 2 Warning Signs
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What is Morito Co Receivables Turnover?

Morito Co TSE:9837 +0.61% 87 Receivables Turnover is 3.72 as of May. 2026. GuruFocus rates TSE:9837 with a GF Score™ of 87/100 and a GF Value™ of 円1,769.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,107 Retail - Cyclical companies, Morito Co ranks worse than 81.21% on this metric.

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. Morito Co's Revenue for the six months ended in May. 2026 was 円33,068 Mil. Morito Co's average Accounts Receivable for the six months ended in May. 2026 was 円8,898 Mil. Hence, Morito Co's Receivables Turnover for the six months ended in May. 2026 was 3.72.


Morito Co  (TSE:9837) 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.


Morito Co Receivables Turnover Related Terms


Morito Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Morito 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.

Morito Co Receivables Turnover Chart

Morito Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 5.50 5.43 5.88 6.64

Morito Co Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 2.87 3.14 3.82 2.55 3.72

TSE:9837 vs TJX, ROST, BURL: Receivables Turnover Comparison

For the Apparel Retail subindustry, Morito 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.


Morito Co Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Morito Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Morito Co's Receivables Turnover falls into.


TSE:9837
87GF Score
Morito Co Ltd TSE:9837
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Morito Co Receivables Turnover Calculation

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

Morito Co's Receivables Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Receivables Turnover (A: Nov. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2025 ) / ((Accounts Receivable (A: Nov. 2024 ) + Accounts Receivable (A: Nov. 2025 )) / count )
=56867.188 / ((7872.397 + 9249.151) / 2 )
=56867.188 / 8560.774
=6.64

Morito Co's Receivables Turnover for the quarter that ended in May. 2026 is calculated as

Receivables Turnover (Q: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: May. 2026 )) / count )
=33068.033 / ((9249.151 + 8545.876) / 2 )
=33068.033 / 8897.5135
=3.72

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.72 mean?
Morito Co (TSE:9837) has a Receivables Turnover of 3.72 as of May. 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 Morito Co and its competitors. According to the industry distribution chart, Morito Co ranks #899 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 81.2%.
Is Morito Co's Receivables Turnover too high?
Morito Co's current Receivables Turnover is 3.72. The Retail - Cyclical industry median Receivables Turnover is 19.50. Morito Co's value of 3.72 is 80.9% below this industry median. Based on the distribution chart, Morito Co ranks #899 out of 1107 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Morito Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morito Co's Receivables Turnover compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Morito Co ranks #899 out of 1107 companies for Receivables Turnover. This places Morito Co in the lower half of its industry. The industry median Receivables Turnover is 19.50. Morito Co's value of 3.72 is 80.9% 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 a Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.50, based on 1,107 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. Morito Co's current Receivables Turnover of 3.72 is 80.9% 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 Morito Co and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morito Co's current Receivables Turnover is 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morito Co stock overvalued right now?
Based on GuruFocus' analysis, Morito Co (TSE:9837) is currently considered Fairly Valued. The stock's GF Value™ is 円1,769.10, compared to a current price of 円1,803.00 — trading 1.9% above its estimated fair value. The current Receivables Turnover is 3.72 and 80.9% below the Retail - Cyclical industry median of 19.50. Morito Co's overall GF Score™ is 87/100 with 2 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 Morito Co (TSE:9837), the current Receivables Turnover is 3.72 as of May. 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 Morito Co (TSE:9837) Overvalued in 2026?

Based on GuruFocus' analysis, Morito Co stock appears to be overvalued. The current stock price of 円1,803.00 is trading 1.9% above its estimated GF Value™ of 円1,769.10. GuruFocus considers Morito Co to be Fairly Valued.

Key valuation signals for TSE:9837:

  • Receivables Turnover: 3.72
  • GF Value™: 円1,769.10 vs. price of 円1,803.00 (1.9% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 80.9% below the Retail - Cyclical median (#899 of 1107)

No single metric tells the full story. See the TSE:9837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morito Co Business Description

Address 1-5-4 Nihonbashi Honcho, Chuo-Ku, Tokyo, JPN, 541-0054
Morito Co Ltd produces and supplies parts such as eyelets, snap fasteners, buckles, tape, and shoe uppers to all sorts of brands. It also designs and produces apparel, bags, and other products. The company supplies a host of products to a wide range of markets, including braces, supports, school supplies, and straps, in addition to footwear-related products such as insoles. It also specializes in supply of parts for automobile, railway, and aircraft interiors.
87GF Score

Get the complete analysis for TSE:9837

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,803.00
Price
円1,769.10
GF Value