GURUFOCUS.COM » STOCK LIST » Technology » Software » The Why How Do Co Inc (TSE:3823) » Definitions » Receivables Turnover

The Why How Do Co (TSE:3823) Receivables Turnover : 1.68 (As of Feb. 2024)


View and export this data going back to 2006. Start your Free Trial

What is The Why How Do 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. The Why How Do Co's Revenue for the three months ended in Feb. 2024 was 円195.0 Mil. The Why How Do Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円116.2 Mil. Hence, The Why How Do Co's Receivables Turnover for the three months ended in Feb. 2024 was 1.68.


The Why How Do Co Receivables Turnover Historical Data

The historical data trend for The Why How Do 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.

The Why How Do Co Receivables Turnover Chart

The Why How Do Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.57 7.98 8.02 9.45 9.96

The Why How Do Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.47 2.69 2.36 1.79 1.68

Competitive Comparison of The Why How Do Co's Receivables Turnover

For the Software - Application subindustry, The Why How Do 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.


The Why How Do Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, The Why How Do Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Why How Do Co's Receivables Turnover falls into.



The Why How Do Co Receivables Turnover Calculation

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

The Why How Do Co's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=941.143 / ((96.308 + 92.734) / 2 )
=941.143 / 94.521
=9.96

The Why How Do Co's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=194.967 / ((114.614 + 117.814) / 2 )
=194.967 / 116.214
=1.68

* 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.


The Why How Do Co  (TSE:3823) 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.


The Why How Do Co Receivables Turnover Related Terms

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


The Why How Do Co (TSE:3823) Business Description

Traded in Other Exchanges
N/A
Address
22 Aizumi-cho, Daisan Yamada Building, Shinjuku-ku, Tokyo, JPN, 160-0005
The Why How Do Co Inc formerly Acrodea Inc is a software company. It is mainly engaged in the development of platform services for smartphones and IoT related solutions. In addition, the company provides social game and application related development and services.

The Why How Do Co (TSE:3823) Headlines

No Headlines