Verite Co (TSE:9904) Receivables Turnover: 5.87 (As of Mar. 2026)

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TSE:9904 Verite Co Ltd TSE:9904
72 GF Score
Price 円242.00
GF Value 円473.57
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Verite Co Receivables Turnover?

Verite Co TSE:9904 +0.41% 72 Receivables Turnover is 5.87 as of Mar. 2026. GuruFocus rates TSE:9904 with a GF Score™ of 72/100 and a GF Value™ of 円473.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Verite Co ranks worse than 53.43% 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. Verite Co's Revenue for the three months ended in Mar. 2026 was 円2,938 Mil. Verite Co's average Accounts Receivable for the three months ended in Mar. 2026 was 円501 Mil. Hence, Verite Co's Receivables Turnover for the three months ended in Mar. 2026 was 5.87.


Verite Co  (TSE:9904) 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.


Verite Co Receivables Turnover Related Terms


Verite Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Verite 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.

Verite Co Receivables Turnover Chart

Verite Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 10.14 10.52 10.77 14.29

Verite Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 2.74 4.86 5.89 5.87

TSE:9904 vs TPR: Receivables Turnover Comparison

For the Luxury Goods subindustry, Verite 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.


Verite Co Receivables Turnover vs Retail - Cyclical Industry

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

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


TSE:9904
72GF Score
Verite Co Ltd TSE:9904
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verite Co Receivables Turnover Calculation

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

Verite Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=9441 / ((762 + 559) / 2 )
=9441 / 660.5
=14.29

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

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2938 / ((442 + 559) / 2 )
=2938 / 500.5
=5.87

* 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 5.87 mean?
Verite Co (TSE:9904) has a Receivables Turnover of 5.87 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 Verite Co and its competitors. According to the industry distribution chart, Verite Co ranks #592 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 53.4%.
Is Verite Co's Receivables Turnover too high?
Verite Co's current Receivables Turnover is 5.87. The Retail - Cyclical industry median Receivables Turnover is 20.14. Verite Co's value of 5.87 is 70.8% below this industry median. Based on the distribution chart, Verite Co ranks #592 out of 1108 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Verite Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's Receivables Turnover compare to TPR?
According to the Retail - Cyclical industry distribution chart, Verite Co ranks #592 out of 1108 companies for Receivables Turnover. This places Verite Co in the lower half of its industry. The industry median Receivables Turnover is 20.14. Verite Co's value of 5.87 is 70.8% 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 20.14, based on 1,108 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. Verite Co's current Receivables Turnover of 5.87 is 70.8% 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 Verite Co and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 20.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verite Co's current Receivables Turnover is 5.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円473.57, compared to a current price of 円242.00 — trading 48.9% below its estimated fair value. The current Receivables Turnover is 5.87 and 70.8% below the Retail - Cyclical industry median of 20.14. Verite Co's overall GF Score™ is 72/100 with 4 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 Verite Co (TSE:9904), the current Receivables Turnover is 5.87 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 Verite Co (TSE:9904) Overvalued in 2026?

Based on GuruFocus' analysis, Verite Co stock appears to be undervalued. The current stock price of 円242.00 is trading 48.9% below its estimated GF Value™ of 円473.57. GuruFocus considers Verite Co to be Significantly Undervalued.

Key valuation signals for TSE:9904:

  • Receivables Turnover: 5.87
  • GF Value™: 円473.57 vs. price of 円242.00 (48.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 70.8% below the Retail - Cyclical median (#592 of 1108)

No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Verite Co Business Description

Address 3-33-8 Tsuruyacho, Kanagawa-ku, Yokohama, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
72GF Score

Get the complete analysis for TSE:9904

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

円242.00
Price
円473.57
GF Value