Oriental Land Co (TSE:4661) Receivables Turnover : 6.12 (As of Dec. 2023)

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What is Oriental Land 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. Oriental Land Co's Revenue for the three months ended in Dec. 2023 was 円181,946 Mil. Oriental Land Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円29,738 Mil. Hence, Oriental Land Co's Receivables Turnover for the three months ended in Dec. 2023 was 6.12.

Oriental Land Co Receivables Turnover Historical Data

The historical data trend for Oriental Land 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.

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Oriental Land Co Receivables Turnover Chart

Oriental Land Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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24.99

31.69

17.71

20.12

25.81

Oriental Land Co 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															6.13	5.59	5.74	5.02	6.12

Competitive Comparison of Oriental Land Co's Receivables Turnover

For the Leisure subindustry, Oriental Land 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.

Oriental Land Co's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Oriental Land Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Oriental Land Co's Receivables Turnover falls into.

Oriental Land Co Receivables Turnover Calculation

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

Oriental Land Co'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 )
=	483123	/ (	(15375	+	22057)	/	2 )
=	483123	/	18716
=	25.81

Oriental Land Co'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 )
=	181946	/ (	(30375	+	29100)	/	2 )
=	181946	/	29737.5
=	6.12

Oriental Land Co (TSE:4661) 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.

Oriental Land Co Receivables Turnover Related Terms

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Oriental Land Co (TSE:4661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Oriental Land Co Ltd (TSE:4661) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

OLCLY:USA OLCLF:USA OLL:Germany

Address

1-1 Maihama, Chiba-Prefecture, Urayasu, JPN, 279-8511

Website

http://www.olc.co.jp

Oriental Land Co Ltd is a Japan-based company operates Tokyo Disney Resort. Segments in which the group functions include Theme Park, Hotel Business, and Other Business. Theme Park segment is engaged in the operation and management of Tokyo Disneyland and Tokyo DisneySea theme Parks. The Hotel segment operates and manages hotels such as Ambassador Hotel, Urayasu Brighton Hotel, Kyoto Brighton Hotel and others. In addition, it also operates shopping complex which composed of shops and restaurants as well as a cinema complex and offers monorail service around Tokyo Disney Resort. Oriental generates the majority of revenue through Theme Park segment.

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