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Komatsu (Komatsu) Receivables Turnover : 0.88 (As of Dec. 2023)


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What is Komatsu 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. Komatsu's Revenue for the three months ended in Dec. 2023 was $6,751 Mil. Komatsu's average Accounts Receivable for the three months ended in Dec. 2023 was $7,694 Mil. Hence, Komatsu's Receivables Turnover for the three months ended in Dec. 2023 was 0.88.


Komatsu Receivables Turnover Historical Data

The historical data trend for Komatsu'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.

Komatsu Receivables Turnover Chart

Komatsu 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 3.26 3.13 2.79 3.03 3.24

Komatsu 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 0.95 0.97 0.78 0.80 0.88

Competitive Comparison of Komatsu's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Receivables Turnover distribution charts can be found below:

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



Komatsu Receivables Turnover Calculation

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

Komatsu'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 )
=26510.257 / ((8050.269 + 8318.698) / 2 )
=26510.257 / 8184.4835
=3.24

Komatsu'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 )
=6750.84 / ((7561.92 + 7826.04) / 2 )
=6750.84 / 7693.98
=0.88

* 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.


Komatsu  (OTCPK:KMTUY) 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.


Komatsu Receivables Turnover Related Terms

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Komatsu (Komatsu) Business Description

Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

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