Chuetsu Pulp & Paper Co (TSE:3877) Receivables Turnover : 0.95 (As of Dec. 2023)

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What is Chuetsu Pulp & Paper 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. Chuetsu Pulp & Paper Co's Revenue for the three months ended in Dec. 2023 was 円27,406 Mil. Chuetsu Pulp & Paper Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円28,768 Mil. Hence, Chuetsu Pulp & Paper Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.95.

Chuetsu Pulp & Paper Co Receivables Turnover Historical Data

The historical data trend for Chuetsu Pulp & Paper 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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Chuetsu Pulp & Paper Co Receivables Turnover Chart

Chuetsu Pulp & Paper Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

4.06

4.22

3.88

4.10

4.22

Chuetsu Pulp & Paper 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															1.08	1.03	0.98	0.98	0.95

Competitive Comparison of Chuetsu Pulp & Paper Co's Receivables Turnover

For the Paper & Paper Products subindustry, Chuetsu Pulp & Paper 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.

Chuetsu Pulp & Paper Co's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Chuetsu Pulp & Paper Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chuetsu Pulp & Paper Co's Receivables Turnover falls into.

Chuetsu Pulp & Paper Co Receivables Turnover Calculation

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

Chuetsu Pulp & Paper 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 )
=	105668	/ (	(22720	+	27317)	/	2 )
=	105668	/	25018.5
=	4.22

Chuetsu Pulp & Paper 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 )
=	27406	/ (	(27452	+	30084)	/	2 )
=	27406	/	28768
=	0.95

Chuetsu Pulp & Paper Co (TSE:3877) 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.

Chuetsu Pulp & Paper Co Receivables Turnover Related Terms

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Chuetsu Pulp & Paper Co (TSE:3877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Chuetsu Pulp & Paper Co Ltd (TSE:3877) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

2-10-6 Ginza, Chuo-ku, Tokyo, JPN, 1048124

Website

http://www.chuetsu-pulp.co.jp

Chuetsu Pulp & Paper Co Ltd is engaged in the manufacturing and sale of paper and pulp products. It offers varied products in following categories; paper and pulp manufacturing unit produces newsprint, printing paper, packaging paper, and special paper, paperboard, and pulp products. The Paper-processed Products include paper bags, paper tubes, cardboard boxes, and notebooks. The Power unit deals with the sale of electricity. It is also involved in the forestry, lumbering, and wood processing activities; manufacture, buying, and sale of chemicals; management, leasing, buying, and sale of real estate properties.

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