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Yamato Holdings Co (TSE:9064) Receivables Turnover : 1.64 (As of Dec. 2023)


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What is Yamato Holdings 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. Yamato Holdings Co's Revenue for the three months ended in Dec. 2023 was 円500,245 Mil. Yamato Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円304,731 Mil. Hence, Yamato Holdings Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.64.


Yamato Holdings Co Receivables Turnover Historical Data

The historical data trend for Yamato Holdings 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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Yamato Holdings Co Receivables Turnover Chart

Yamato Holdings Co 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 6.07 6.21 6.54 6.83 6.75

Yamato Holdings 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 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 1.67 1.32 1.57 1.67 1.64

Competitive Comparison of Yamato Holdings Co's Receivables Turnover

For the Trucking subindustry, Yamato Holdings 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.


Yamato Holdings Co's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yamato Holdings Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yamato Holdings Co's Receivables Turnover falls into.



Yamato Holdings Co Receivables Turnover Calculation

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

Yamato Holdings 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 )
=1800668 / ((266977 + 266760) / 2 )
=1800668 / 266868.5
=6.75

Yamato Holdings 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 )
=500245 / ((267155 + 342307) / 2 )
=500245 / 304731
=1.64

* 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.


Yamato Holdings Co  (TSE:9064) 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.


Yamato Holdings Co Receivables Turnover Related Terms

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Yamato Holdings Co (TSE:9064) Business Description

Traded in Other Exchanges
Address
16-10, Ginza 2-chome, Chuo-ku, Tokyo, JPN, 104-8125
Yamato Holdings Co Ltd is a Japan-based company which provides parcel delivery services for private and business customers. It is primarily involved in six business segments, namely Delivery, BIZ-Logistics, Home Convenience, e-Business, Financial, and Autoworks, as well as services incidental to these activities. The company generates the majority of its revenue from the delivery and BIZ-Logistics business segments. The Delivery Business provides small parcel delivery services for the general public and corporations. The BIZ-Logistics business is involved in providing intercompany logistics services, aimed at the B2B supply-chain management market.

Yamato Holdings Co (TSE:9064) Headlines

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