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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. Innotech's Revenue for the
three
months ended in Mar. 2026 was 円14,007 Mil. Innotech's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円12,226 Mil.
Hence, Innotech's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.15.
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.
Innotech Receivables Turnover Related Terms
Innotech Receivables Turnover Historical Data
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The historical data trend for Innotech'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:9880 vs SNX, ARW, AVT: Receivables Turnover Comparison
For the Electronics & Computer Distribution subindustry, Innotech'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.
Innotech Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Innotech's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Innotech'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.
Innotech (TSE:9880) has a Receivables Turnover of 1.15 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 Innotech and its competitors. According to the industry distribution chart, Innotech ranks #1584 out of 2469 companies in the Hardware industry, placing it in the top 64.2%.
Is Innotech's Receivables Turnover too high?
Innotech's current Receivables Turnover is 1.15. The Hardware industry median Receivables Turnover is 4.90. Innotech's value of 1.15 is 76.5% below this industry median. Based on the distribution chart, Innotech ranks #1584 out of 2469 companies in the Hardware industry, which is below the industry midpoint. Overall, Innotech has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innotech's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Innotech ranks #1584 out of 2469 companies for Receivables Turnover. This places Innotech in the lower half of its industry. The industry median Receivables Turnover is 4.90. Innotech's value of 1.15 is 76.5% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,469 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. Innotech's current Receivables Turnover of 1.15 is 76.5% 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 Innotech and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innotech's current Receivables Turnover is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innotech stock overvalued right now?
Based on GuruFocus' analysis, Innotech (TSE:9880) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,062.61, compared to a current price of 円3,380.00 — trading 63.9% above its estimated fair value. The current Receivables Turnover is 1.15 and 76.5% below the Hardware industry median of 4.90. Innotech's overall GF Score™ is 83/100 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 Innotech (TSE:9880), the current Receivables Turnover is 1.15 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 Innotech (TSE:9880) Overvalued in 2026?
Based on GuruFocus' analysis, Innotech stock appears to be overvalued.
The current stock price of 円3,380.00 is trading 63.9% above its estimated GF Value™ of 円2,062.61.
GuruFocus considers Innotech to be Significantly Overvalued.
Key valuation signals for TSE:9880:
Receivables Turnover: 1.15
GF Value™: 円2,062.61 vs. price of 円3,380.00 (63.9% above fair value)
Industry Position: 76.5% below the Hardware median (#1584 of 2469)
No single metric tells the full story. See the TSE:9880 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innotech Corp is engaged in the electronics distribution business segment. The company is involved in various business units that are integrated solution, which sells electronic design automation (EDA) software which assists designing of LSIs and electronic circuit boards; test solution, which provide various test solutions utilized during the semiconductor manufacturing process; intelligent system solution, which sells semiconductor devices, and other devices; advance products, which sell hard disk drives, and other memory products; and design analysis solution, which provide noise analysis service and design assistance tools. The company operates its business in Japan.
83GF Score
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