Valuenex Japan (TSE:4422) Receivables Turnover : 4.90 (As of Jan. 2024)

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What is Valuenex Japan 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. Valuenex Japan's Revenue for the three months ended in Jan. 2024 was 円138.4 Mil. Valuenex Japan's average Accounts Receivable for the three months ended in Jan. 2024 was 円28.3 Mil. Hence, Valuenex Japan's Receivables Turnover for the three months ended in Jan. 2024 was 4.90.

Valuenex Japan Receivables Turnover Historical Data

The historical data trend for Valuenex Japan'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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Valuenex Japan Receivables Turnover Chart

Valuenex Japan Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Receivables Turnover

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9.46

11.94

18.67

23.86

20.81

Valuenex Japan Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															4.32	6.64	4.54	4.68	4.90

Competitive Comparison of Valuenex Japan's Receivables Turnover

For the Consulting Services subindustry, Valuenex Japan'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.

Valuenex Japan's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Valuenex Japan's Receivables Turnover distribution charts can be found below:

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

Valuenex Japan Receivables Turnover Calculation

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

Valuenex Japan's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Receivables Turnover (A: Jul. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2023 )	/ (	(Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )
=	704.48	/ (	(40.081	+	27.633)	/	2 )
=	704.48	/	33.857
=	20.81

Valuenex Japan'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 )
=	138.449	/ (	(31.084	+	25.46)	/	2 )
=	138.449	/	28.272
=	4.90

Valuenex Japan (TSE:4422) 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.

Valuenex Japan Receivables Turnover Related Terms

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Valuenex Japan (TSE:4422) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Valuenex Japan Inc (TSE:4422) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

4-5-16 Minakami, Bunkyo-ku, Twin Hills Yodoya, Tokyo, JPN, 112-0006

Website

http://www.valuenex.com

Valuenex Japan Inc provides information analysis services. It also offers document analysis tools including TechRadar and DocRadar and consulting services using it. Its analysis is used by departments such as research and development, marketing, management planning, centering on the intellectual property of various industries such as electronic equipment, transportation equipment, precision equipment, chemistry, information communication. Services offered by the company include data creation plan, multi-client service, coaching, and service overview.

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