GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hagihara Industries Inc (TSE:7856) » Definitions » Receivables Turnover

Hagihara Industries (TSE:7856) Receivables Turnover : 1.00 (As of Jan. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Hagihara Industries 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. Hagihara Industries's Revenue for the three months ended in Jan. 2024 was 円8,111 Mil. Hagihara Industries's average Accounts Receivable for the three months ended in Jan. 2024 was 円8,136 Mil. Hence, Hagihara Industries's Receivables Turnover for the three months ended in Jan. 2024 was 1.00.

Hagihara Industries Receivables Turnover Historical Data

The historical data trend for Hagihara Industries'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.

Hagihara Industries Receivables Turnover Chart

Hagihara Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 3.85 3.64 3.55 3.63

Hagihara Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.92 0.97 0.87 0.98 1.00

Competitive Comparison of Hagihara Industries's Receivables Turnover

For the Textile Manufacturing subindustry, Hagihara Industries'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.

Hagihara Industries's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hagihara Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hagihara Industries's Receivables Turnover falls into.


Hagihara Industries Receivables Turnover Calculation

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

Hagihara Industries's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Receivables Turnover (A: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2023 ) / ((Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count )
=31245.163 / ((8574.088 + 8653.925) / 2 )
=31245.163 / 8614.0065
=3.63

Hagihara Industries's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=8111.405 / ((8653.925 + 7618.832) / 2 )
=8111.405 / 8136.3785
=1.00

* 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.

Hagihara Industries  (TSE:7856) 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.

Hagihara Industries Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hagihara Industries's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hagihara Industries (TSE:7856) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hagihara Industries Inc (TSE:7856) » Definitions » Receivables Turnover
Comparable Companies
TSE:8101 TSE:4235 TSE:3580 TSE:3501 TSE:3109 TSE:7460 TSE:8118 TSE:3571 TSE:3123 TSE:3104 HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
N/A
Address
1-4 Mizushima Nakadori, Kurashiki-Shi, Okayama, JPN, 712-8502
Website
http://www.hagihara.co.jp
Hagihara Industries Inc is a Japan-based company mainly engaged in the production and sale of industrial machinery. It manufactures machinery and equipment for converting, highly-functional film, synthetic fiber, fiber and yarn, and plastic industries. The company has business operations in Japan and overseas markets.

Hagihara Industries (TSE:7856) Headlines

No Headlines