Edge Technology (TSE:4268) Receivables Turnover

: 2.44 (As of Jan. 2024)

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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. Edge Technology's Revenue for the three months ended in Jan. 2024 was 円768 Mil. Edge Technology's average Accounts Receivable for the three months ended in Jan. 2024 was 円315 Mil. Hence, Edge Technology's Receivables Turnover for the three months ended in Jan. 2024 was 2.44.

Edge Technology Receivables Turnover Historical Data

The historical data trend for Edge Technology'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.

Array ( [0] => 8.30 [1] => 8.15 [2] => 10.35 [3] => 10.57 )

Edge Technology Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Receivables Turnover

8.30

8.15

10.35

10.57

Edge Technology Quarterly Data
	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover								2.51	2.55	2.53	2.47	2.44

Competitive Comparison

For the Software - Infrastructure subindustry, Edge Technology'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.

Edge Technology Receivables Turnover Distribution

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

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

Edge Technology Receivables Turnover Calculation

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

Edge Technology's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Receivables Turnover (A: Apr. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2023 )	/ (	(Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )
=	2663.347	/ (	(247.781	+	256.113)	/	2 )
=	2663.347	/	251.947
=	10.57

Edge Technology's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	767.61	/ (	(305.746	+	324.227)	/	2 )
=	767.61	/	314.9865
=	2.44

Edge Technology (TSE:4268) 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.

Edge Technology Receivables Turnover Related Terms

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Edge Technology (TSE:4268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edge Technology Inc (TSE:4268) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-32-7 Kanda Sudacho, Cress Real Estate Kanda Building 5th Floor, Tokyo, JPN

Website

https://www.edge-tech.co.jp

Edge Technology Inc is engaged in the AI implementation support and big data analysis consulting business.

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