Zensho Holdings Co (TSE:7550) Receivables Turnover : 5.98 (As of Dec. 2023)

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What is Zensho 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. Zensho Holdings Co's Revenue for the three months ended in Dec. 2023 was 円254,193 Mil. Zensho Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円42,500 Mil. Hence, Zensho Holdings Co's Receivables Turnover for the three months ended in Dec. 2023 was 5.98.

Zensho Holdings Co Receivables Turnover Historical Data

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

Zensho Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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44.64

32.75

28.10

29.32

25.59

Zensho Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															6.64	7.31	6.67	5.98	5.75

Competitive Comparison of Zensho Holdings Co's Receivables Turnover

For the Restaurants subindustry, Zensho 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.

Zensho Holdings Co's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Zensho Holdings Co's Receivables Turnover distribution charts can be found below:

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

Zensho Holdings Co Receivables Turnover Calculation

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

Zensho Holdings Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	965778	/ (	(28747	+	46727)	/	2 )
=	965778	/	37737
=	25.59

Zensho 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 )
=	254193	/ (	(41610	+	43390)	/	2 )
=	254193	/	42500
=	5.98

Zensho Holdings Co (TSE:7550) 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.

Zensho Holdings Co Receivables Turnover Related Terms

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Zensho Holdings Co (TSE:7550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Zensho Holdings Co Ltd (TSE:7550) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ZSHOF:USA 5F7:Germany

Address

JR Shinagawa East Building, 2-18-1 Konan Minato-ku, Tokyo, JPN, 108-0075

Website

http://www.zensho.co.jp

Zensho Holdings Co Ltd is a Japan-based company engaged management of food service chain restaurants and development of sales systems and food processing systems. It operates restaurant chains under the names Sukiya, Big Boy, COCO'S, Gyuan, Takarajima and Kubeiya, among others, offering gyudon, barbeque, udon, fast food, Mexican food, hamburger and other dishes. The company's business segment includes Restaurant business and Retail business. The company generates the majority of its revenue from the Restaurant business segment.

Zensho Holdings Co (TSE:7550) Headlines

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