SRA Holdings (TSE:3817) Receivables Turnover

: 1.45 (As of Dec. 2023)

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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. SRA Holdings's Revenue for the three months ended in Dec. 2023 was 円10,918 Mil. SRA Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was 円7,524 Mil. Hence, SRA Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.45.

SRA Holdings Receivables Turnover Historical Data

The historical data trend for SRA Holdings'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.

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SRA Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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5.87

6.08

5.26

5.28

5.58

SRA Holdings 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															1.41	1.53	1.53	1.72	1.45

Competitive Comparison

For the Information Technology Services subindustry, SRA Holdings'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.

SRA Holdings Receivables Turnover Distribution

For the Software industry and Technology sector, SRA Holdings's Receivables Turnover distribution charts can be found below:

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

SRA Holdings Receivables Turnover Calculation

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

SRA Holdings'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 )
=	42864	/ (	(7645	+	7723)	/	2 )
=	42864	/	7684
=	5.58

SRA Holdings'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 )
=	10918	/ (	(7587	+	7460)	/	2 )
=	10918	/	7523.5
=	1.45

SRA Holdings (TSE:3817) 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.

SRA Holdings Receivables Turnover Related Terms

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SRA Holdings (TSE:3817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SRA Holdings Inc (TSE:3817) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-32-8 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022

Website

http://www.sra-hd.co.jp

SRA Holdings Inc is an information technology services provider. The company operates through three business areas: systems development, operation/administration services and product solutions marketing. The systems development includes financial IT services, embedded IT services, academic IT services, business systems development and infrastructure development. The operation/administration services include outsourcing services, infrastructure operation services and system operation services. The product solutions marketing includes cloud security, open source software, and development support. The company has an operational presence across Europe, India, China, and Singapore.

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