Sugimoto (TSE:9932) Receivables Turnover: 2.76 (As of Mar. 2026)

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TSE:9932 Sugimoto & Co Ltd TSE:9932
77 GF Score
Price 円1,269.00
GF Value 円1,469.88
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sugimoto Receivables Turnover?

Sugimoto TSE:9932 +0.63% 77 Receivables Turnover is 2.76 as of Mar. 2026. GuruFocus rates TSE:9932 with a GF Score™ of 77/100 and a GF Value™ of 円1,469.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 158 Industrial Distribution companies, Sugimoto ranks worse than 67.72% 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. Sugimoto's Revenue for the six months ended in Mar. 2026 was 円25,837 Mil. Sugimoto's average Accounts Receivable for the six months ended in Mar. 2026 was 円9,376 Mil. Hence, Sugimoto's Receivables Turnover for the six months ended in Mar. 2026 was 2.76.


Sugimoto  (TSE:9932) 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.


Sugimoto Receivables Turnover Related Terms


Sugimoto Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sugimoto'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.

Sugimoto Receivables Turnover Chart

Sugimoto 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 4.21 4.31 4.39 4.62 4.70

Sugimoto Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.43 2.30 2.56 2.29 2.76

TSE:9932 vs GWW, FAST, FERG: Receivables Turnover Comparison

For the Industrial Distribution subindustry, Sugimoto'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.


Sugimoto Receivables Turnover vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Sugimoto's Receivables Turnover distribution charts can be found below:

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


TSE:9932
77GF Score
Sugimoto & Co Ltd TSE:9932
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sugimoto Receivables Turnover Calculation

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

Sugimoto'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 )
=48611.621 / ((10922.46 + 9784.325) / 2 )
=48611.621 / 10353.3925
=4.70

Sugimoto'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=25837.236 / ((8968.284 + 9784.325) / 2 )
=25837.236 / 9376.3045
=2.76

* 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 2.76 mean?
Sugimoto (TSE:9932) has a Receivables Turnover of 2.76 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 Sugimoto and its competitors. According to the industry distribution chart, Sugimoto ranks #107 out of 158 companies in the Industrial Distribution industry, placing it in the top 67.7%.
Is Sugimoto's Receivables Turnover too high?
Sugimoto's current Receivables Turnover is 2.76. The Industrial Distribution industry median Receivables Turnover is 5.94. Sugimoto's value of 2.76 is 53.5% below this industry median. Based on the distribution chart, Sugimoto ranks #107 out of 158 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Sugimoto has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sugimoto's Receivables Turnover compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Sugimoto ranks #107 out of 158 companies for Receivables Turnover. This places Sugimoto in the lower half of its industry. The industry median Receivables Turnover is 5.94. Sugimoto's value of 2.76 is 53.5% 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 an Industrial Distribution company?
The median Receivables Turnover among Industrial Distribution companies is 5.94, based on 158 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. Sugimoto's current Receivables Turnover of 2.76 is 53.5% 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 Sugimoto and its competitors. For the Industrial Distribution industry, the median Receivables Turnover is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugimoto's current Receivables Turnover is 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugimoto stock overvalued right now?
Based on GuruFocus' analysis, Sugimoto (TSE:9932) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,469.88, compared to a current price of 円1,269.00 — trading 13.7% below its estimated fair value. The current Receivables Turnover is 2.76 and 53.5% below the Industrial Distribution industry median of 5.94. Sugimoto's overall GF Score™ is 77/100 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 Sugimoto (TSE:9932), the current Receivables Turnover is 2.76 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 Sugimoto (TSE:9932) Overvalued in 2026?

Based on GuruFocus' analysis, Sugimoto stock appears to be undervalued. The current stock price of 円1,269.00 is trading 13.7% below its estimated GF Value™ of 円1,469.88. GuruFocus considers Sugimoto to be Modestly Undervalued.

Key valuation signals for TSE:9932:

  • Receivables Turnover: 2.76
  • GF Value™: 円1,469.88 vs. price of 円1,269.00 (13.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 53.5% below the Industrial Distribution median (#107 of 158)

No single metric tells the full story. See the TSE:9932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sugimoto Business Description

Address 5-7-27 Tatemichibori, Nishi-Ku, Osaka, JPN, 550-8502
Sugimoto & Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of measuring instruments, machining equipment, and other related products. It mainly sells equipment, machinery, tools, factory supplies, consumables, etc., used in factories. The group's product portfolio comprises cylinder gauge, caliper gauge, air duster, blow gun, ratchet lever, clamping screw, cut resistant glove, office supplies, garden supplies, bolt kit, safety hoist ring, etc. Its reportable segments are based on the regions of its sales offices and include East, West, Central, and Abroad. The majority of its revenue is generated from the West Region.
77GF Score

Get the complete analysis for TSE:9932

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

円1,269.00
Price
円1,469.88
GF Value