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Fujitec Co (FRA:FJC) Receivables Turnover : 0.75 (As of Dec. 2023)


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What is Fujitec 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. Fujitec Co's Revenue for the three months ended in Dec. 2023 was €381 Mil. Fujitec Co's average Accounts Receivable for the three months ended in Dec. 2023 was €511 Mil. Hence, Fujitec Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.75.


Fujitec Co Receivables Turnover Historical Data

The historical data trend for Fujitec 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.

* Premium members only.

Fujitec Co Receivables Turnover Chart

Fujitec Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 3.20 2.69 2.98 2.81

Fujitec Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 0.73 0.66 0.75 0.75

Competitive Comparison of Fujitec Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Fujitec 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.


Fujitec Co's Receivables Turnover Distribution in the Industrial Products Industry

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

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



Fujitec Co Receivables Turnover Calculation

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

Fujitec Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=1450.56 / ((506.333 + 527.882) / 2 )
=1450.56 / 517.1075
=2.81

Fujitec Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=381.355 / ((490.793 + 532.177) / 2 )
=381.355 / 511.485
=0.75

* 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.


Fujitec Co  (FRA:FJC) 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.


Fujitec Co Receivables Turnover Related Terms

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Fujitec Co (FRA:FJC) Business Description

Traded in Other Exchanges
Address
591-1 Miyatacho, Shiga Prefecture, Hikone, JPN, 522-8588
Fujitec Co Ltd is a Japan-based company that designs, develops, manufactures, sells, and installs elevators and escalators. The company has a global presence, with Japan, North America, South Asia, and East Asia being its largest markets. On the other hand, its manufacturing bases are spread worldwide, in locations including Japan, China, the United States, South Korea, Taiwan, and India. The company also provides aftersale maintenance services such as real-time parts support, remote monitoring, and product modernization.

Fujitec Co (FRA:FJC) Headlines

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