GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nakano Corp (TSE:1827) » Definitions » Receivables Turnover

Nakano (TSE:1827) Receivables Turnover : 1.40 (As of Dec. 2023)


View and export this data going back to 1962. Start your Free Trial

What is Nakano 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. Nakano's Revenue for the three months ended in Dec. 2023 was 円28,381 Mil. Nakano's average Accounts Receivable for the three months ended in Dec. 2023 was 円20,232 Mil. Hence, Nakano's Receivables Turnover for the three months ended in Dec. 2023 was 1.40.


Nakano Receivables Turnover Historical Data

The historical data trend for Nakano'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.

Nakano Receivables Turnover Chart

Nakano 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 4.49 4.17 3.50 3.07 4.66

Nakano 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 1.34 1.27 1.15 1.34 1.40

Competitive Comparison of Nakano's Receivables Turnover

For the Engineering & Construction subindustry, Nakano'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.


Nakano's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nakano's Receivables Turnover distribution charts can be found below:

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



Nakano Receivables Turnover Calculation

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

Nakano'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 )
=114458 / ((26990 + 22182) / 2 )
=114458 / 24586
=4.66

Nakano'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 )
=28381 / ((18981 + 21483) / 2 )
=28381 / 20232
=1.40

* 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.


Nakano  (TSE:1827) 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.


Nakano Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Nakano's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Nakano (TSE:1827) Business Description

Traded in Other Exchanges
N/A
Address
1-1, Ichigayahonmura-cho, Sumitomoichigaya Building, 8th Floor, Shinjuku-ku, Tokyo, JPN, 162-0845
Nakano Corp operates in the real estate industry. It constructs real estate in Japan and provides technical solutions like aseismic and quake-absorbing technology, RC technology for super high-rise buildings, concrete-filled tube structural technology, PCa exterior thermal insulation technology.

Nakano (TSE:1827) Headlines

No Headlines