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Isuzu Motors (TSE:7202) Receivables Turnover : 2.22 (As of Dec. 2023)


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What is Isuzu Motors 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. Isuzu Motors's Revenue for the three months ended in Dec. 2023 was 円903,553 Mil. Isuzu Motors's average Accounts Receivable for the three months ended in Dec. 2023 was 円406,401 Mil. Hence, Isuzu Motors's Receivables Turnover for the three months ended in Dec. 2023 was 2.22.


Isuzu Motors Receivables Turnover Historical Data

The historical data trend for Isuzu Motors'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.

Isuzu Motors Receivables Turnover Chart

Isuzu Motors Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.41 7.33 6.88 7.63 8.30

Isuzu Motors 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 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 2.20 2.15 1.96 2.19 2.22

Competitive Comparison of Isuzu Motors's Receivables Turnover

For the Auto Manufacturers subindustry, Isuzu Motors'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.


Isuzu Motors's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Isuzu Motors's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Isuzu Motors's Receivables Turnover falls into.



Isuzu Motors Receivables Turnover Calculation

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

Isuzu Motors'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 )
=3195537 / ((371249 + 398630) / 2 )
=3195537 / 384939.5
=8.30

Isuzu Motors'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 )
=903553 / ((394443 + 418358) / 2 )
=903553 / 406400.5
=2.22

* 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.


Isuzu Motors  (TSE:7202) 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.


Isuzu Motors Receivables Turnover Related Terms

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Isuzu Motors (TSE:7202) Business Description

Traded in Other Exchanges
Address
26-1, Minami-oi 6-chrome, Shinagawa-ku, Tokyo, JPN, 140-8722
Isuzu Motors is a Japanese automobile manufacturing company focused on the production of commercial vehicles, passenger vehicles, and diesel engines. The company primarily manufactures light- to heavy-duty trucks, buses, pickup trucks, and industrial diesel engines. Isuzu derives the vast majority of revenue from vehicle sales. While Isuzu conducts sales across the globe, by individual country, Japan contributes the largest portion of consolidated revenue, followed by Thailand. The company mainly conducts manufacturing operations domestically.

Isuzu Motors (TSE:7202) Headlines

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