Autobacs Seven Co (TSE:9832) Receivables Turnover : 2.28 (As of Dec. 2023)

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What is Autobacs Seven 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. Autobacs Seven Co's Revenue for the three months ended in Dec. 2023 was 円67,757 Mil. Autobacs Seven Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円29,685 Mil. Hence, Autobacs Seven Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.28.

Autobacs Seven Co Receivables Turnover Historical Data

The historical data trend for Autobacs Seven 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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Autobacs Seven Co Receivables Turnover Chart

Autobacs Seven Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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8.77

9.40

9.68

9.25

9.09

Autobacs Seven 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															2.43	1.88	2.21	2.04	2.28

Competitive Comparison of Autobacs Seven Co's Receivables Turnover

For the Auto Parts subindustry, Autobacs Seven 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.

Autobacs Seven Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Autobacs Seven Co's Receivables Turnover falls into.

Autobacs Seven Co Receivables Turnover Calculation

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

Autobacs Seven 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 )
=	236235	/ (	(25842	+	26149)	/	2 )
=	236235	/	25995.5
=	9.09

Autobacs Seven 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 )
=	67757	/ (	(26985	+	32384)	/	2 )
=	67757	/	29684.5
=	2.28

Autobacs Seven Co (TSE:9832) 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.

Autobacs Seven Co Receivables Turnover Related Terms

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Autobacs Seven Co (TSE:9832) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autobacs Seven Co Ltd (TSE:9832) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

NBF Toyosu Canal Front, 6-52, Toyosu 5-chome, Koto-ku, Tokyo, JPN

Website

http://www.autobacs.co.jp

Autobacs Seven Co Ltd is a Japanese specialty retailer of goods and services for vehicles. The corporation is mostly engaged in the retail of automobile products, purchase/resale of automobiles, and offering of inspection and maintenance services. Besides these core businesses, Autobacs Seven provides also loan credits, nonlife insurance, and office support. The main geographical market is Japan, but the company has also operations overseas. Overseas stores are located in France, Thailand, Malaysia, Indonesia, Singapore, and Taiwan.

Autobacs Seven Co (TSE:9832) Headlines

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