Institution for a Global Society (TSE:4265) Receivables Turnover

: 1.19 (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. Institution for a Global Society's Revenue for the three months ended in Dec. 2023 was 円175.7 Mil. Institution for a Global Society's average Accounts Receivable for the three months ended in Dec. 2023 was 円147.8 Mil. Hence, Institution for a Global Society's Receivables Turnover for the three months ended in Dec. 2023 was 1.19.

Institution for a Global Society Receivables Turnover Historical Data

The historical data trend for Institution for a Global Society'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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Institution for a Global Society Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

3.84

3.38

3.48

4.02

Institution for a Global Society Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover								1.21	1.34	0.80	1.88	1.19

Competitive Comparison

For the Staffing & Employment Services subindustry, Institution for a Global Society'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.

Institution for a Global Society Receivables Turnover Distribution

For the Business Services industry and Industrials sector, Institution for a Global Society's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Institution for a Global Society's Receivables Turnover falls into.

Institution for a Global Society Receivables Turnover Calculation

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

Institution for a Global Society'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 )
=	668.135	/ (	(192.06	+	140.564)	/	2 )
=	668.135	/	166.312
=	4.02

Institution for a Global Society'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 )
=	175.706	/ (	(123.166	+	172.518)	/	2 )
=	175.706	/	147.842
=	1.19

Institution for a Global Society (TSE:4265) 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.

Institution for a Global Society Receivables Turnover Related Terms

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Institution for a Global Society (TSE:4265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Institution for a Global Society Corp (TSE:4265) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor, 1-11-2, Ebisu Minami, Shibuya-ku, Tokyo, JPN, 150-0022

Website

https://www.i-globalsociety.com

Institution for a Global Society Corp is a people analytics company engaged in identification, recruitment and development of human capital. The company's predictive analytics software has been adopted by a wide range of organizations, including educational institutions, multinational corporations, international institutions and government agencies.

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