Altech Co (TSE:9972) Receivables Turnover: 3.20 (As of May. 2026)

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TSE:9972 Altech Co Ltd TSE:9972
74 GF Score
Price 円276.00
GF Value 円258.39
Valuation Fairly Valued
! 8 Warning Signs
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What is Altech Co Receivables Turnover?

Altech Co TSE:9972 74 Receivables Turnover is 3.20 as of May. 2026. GuruFocus rates TSE:9972 with a GF Score™ of 74/100 and a GF Value™ of 円258.39 (Fairly Valued). The stock has 8 warning signs investors should review. Among 3,033 Industrial Products companies, Altech Co ranks better than 83.32% 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. Altech Co's Revenue for the six months ended in May. 2026 was 円7,773 Mil. Altech Co's average Accounts Receivable for the six months ended in May. 2026 was 円2,430 Mil. Hence, Altech Co's Receivables Turnover for the six months ended in May. 2026 was 3.20.


Altech Co  (TSE:9972) 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.


Altech Co Receivables Turnover Related Terms


Altech Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Altech 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.

Altech Co Receivables Turnover Chart

Altech 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 6.55 7.10 6.88 7.02 6.41

Altech 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 3.75 3.79 3.53 3.72 3.20

TSE:9972 vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Altech 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.


Altech Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Altech Co's Receivables Turnover distribution charts can be found below:

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


TSE:9972
74GF Score
Altech Co Ltd TSE:9972
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Altech Co Receivables Turnover Calculation

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

Altech 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 )
=17551.597 / ((2505.357 + 2966.866) / 2 )
=17551.597 / 2736.1115
=6.41

Altech 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 )
=7772.564 / ((2966.866 + 1893.962) / 2 )
=7772.564 / 2430.414
=3.20

* 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 3.20 mean?
Altech Co (TSE:9972) has a Receivables Turnover of 3.20 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 Altech Co and its competitors. According to the industry distribution chart, Altech Co ranks #506 out of 3033 companies in the Industrial Products industry, placing it in the top 16.7%.
Is Altech Co's Receivables Turnover too high?
Altech Co's current Receivables Turnover is 3.20. The Industrial Products industry median Receivables Turnover is 4.46. Altech Co's value of 3.20 is 28.3% below this industry median. Based on the distribution chart, Altech Co ranks #506 out of 3033 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Altech Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altech Co's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Altech Co ranks #506 out of 3033 companies for Receivables Turnover. This places Altech Co in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.46. Altech Co's value of 3.20 is 28.3% 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 Products company?
The median Receivables Turnover among Industrial Products companies is 4.46, based on 3,033 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. Altech Co's current Receivables Turnover of 3.20 is 28.3% 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 Altech Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech Co's current Receivables Turnover is 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech Co stock overvalued right now?
Based on GuruFocus' analysis, Altech Co (TSE:9972) is currently considered Fairly Valued. The stock's GF Value™ is 円258.39, compared to a current price of 円276.00 — trading 6.8% above its estimated fair value. The current Receivables Turnover is 3.20 and 28.3% below the Industrial Products industry median of 4.46. Altech Co's overall GF Score™ is 74/100 with 8 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 Altech Co (TSE:9972), the current Receivables Turnover is 3.20 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 Altech Co (TSE:9972) Overvalued in 2026?

Based on GuruFocus' analysis, Altech Co stock appears to be overvalued. The current stock price of 円276.00 is trading 6.8% above its estimated GF Value™ of 円258.39. GuruFocus considers Altech Co to be Fairly Valued.

Key valuation signals for TSE:9972:

  • Receivables Turnover: 3.20
  • GF Value™: 円258.39 vs. price of 円276.00 (6.8% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 28.3% below the Industrial Products median (#506 of 3033)

No single metric tells the full story. See the TSE:9972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Altech Co Business Description

Address 1-1 Irifune 2-chome, 2nd Floor, Sumitomo Irifune Building, Chuo-ku, Tokyo, JPN, 104-0042
Altech Co Ltd is engaged in the trading business, which purchases and sells industrial machinery and equipment, and provides related services. It manufactures and sells preforms for PET bottles and plastic caps, and provides related services. Geographically, it operates in Japan, Asia, Americas, and Europe, of which Japan derives maximum revenue. The company's products include: Automotive-related, AV control systems, Printing, Container & Packaging, 3D Printers, Logistics & Supply Chain, Robotics, IC card/RFID tag systems, 5G/IoT inspection equipment, Plastic processing & extrusion equipment, Composite materials, Next-generation electronics, Nanotechnology, Food manufacturing & processing, Medical & pharmaceutical, Cosmetics, Chemical, Water treatment, and Beverage systems.
74GF Score

Get the complete analysis for TSE:9972

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

円276.00
Price
円258.39
GF Value