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Matsuya Foods Holdings Co (TSE:9887) Receivables Turnover : 8.66 (As of Sep. 2024)


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What is Matsuya Foods Holdings 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. Matsuya Foods Holdings Co's Revenue for the three months ended in Sep. 2024 was 円38,124 Mil. Matsuya Foods Holdings Co's average Accounts Receivable for the three months ended in Sep. 2024 was 円4,401 Mil. Hence, Matsuya Foods Holdings Co's Receivables Turnover for the three months ended in Sep. 2024 was 8.66.


Matsuya Foods Holdings Co Receivables Turnover Historical Data

The historical data trend for Matsuya Foods Holdings 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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Matsuya Foods Holdings Co Receivables Turnover Chart

Matsuya Foods Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.34 43.77 40.20 37.18 33.25

Matsuya Foods Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.29 8.79 7.88 7.58 8.66

Competitive Comparison of Matsuya Foods Holdings Co's Receivables Turnover

For the Restaurants subindustry, Matsuya Foods Holdings 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.


Matsuya Foods Holdings Co's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Matsuya Foods Holdings Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Matsuya Foods Holdings Co's Receivables Turnover falls into.



Matsuya Foods Holdings Co Receivables Turnover Calculation

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

Matsuya Foods Holdings Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=127611.491 / ((3158.418 + 4517.253) / 2 )
=127611.491 / 3837.8355
=33.25

Matsuya Foods Holdings Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=38124.159 / ((0 + 4400.931) / 1 )
=38124.159 / 4400.931
=8.66

* 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.


Matsuya Foods Holdings Co  (TSE:9887) 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.


Matsuya Foods Holdings Co Receivables Turnover Related Terms

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Matsuya Foods Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
1-14-5 Nakamachi, Musashino-shi, Tokyo, JPN, 180-0006
Matsuya Foods Holdings Co Ltd is in the business of selling food, operation of Chinese noodle restaurants and Matsuya chains as well as restaurant technology and management instruction to franchise stores. Its menu includes Gyumeshi, Curry Bowl, Set meals, Morning meals, side dishes, toppings and value set, and drinks etc.

Matsuya Foods Holdings Co Headlines

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