Japan Airlines Co (Japan Airlines Co) Receivables Turnover : 2.35 (As of Mar. 2024)

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What is Japan Airlines 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. Japan Airlines Co's Revenue for the three months ended in Mar. 2024 was $2,687 Mil. Japan Airlines Co's average Accounts Receivable for the three months ended in Mar. 2024 was $1,142 Mil. Hence, Japan Airlines Co's Receivables Turnover for the three months ended in Mar. 2024 was 2.35.

Japan Airlines Co Receivables Turnover Historical Data

The historical data trend for Japan Airlines 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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Japan Airlines Co Receivables Turnover Chart

Japan Airlines Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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11.86

5.60

6.69

8.86

8.95

Japan Airlines 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															2.28	2.16	2.52	2.59	2.35

Competitive Comparison of Japan Airlines Co's Receivables Turnover

For the Airlines subindustry, Japan Airlines 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.

Japan Airlines Co's Receivables Turnover Distribution in the Transportation Industry

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

* The bar in red indicates where Japan Airlines Co's Receivables Turnover falls into.

Japan Airlines Co Receivables Turnover Calculation

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

Japan Airlines 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 )
=	11025.927	/ (	(1308.547	+	1154.883)	/	2 )
=	11025.927	/	1231.715
=	8.95

Japan Airlines Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2686.749	/ (	(1128.826	+	1154.883)	/	2 )
=	2686.749	/	1141.8545
=	2.35

Japan Airlines Co (OTCPK:JAPSY) 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.

Japan Airlines Co Receivables Turnover Related Terms

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Japan Airlines Co (Japan Airlines Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Japan Airlines Co Ltd (OTCPK:JAPSY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

9201:Japan JAL:Germany

Address

Nomura Real Estate Building, 2-4-11 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8637

Website

http://www.jal.com

Japan Airlines is an international air transport services company. It offers scheduled and nonscheduled air transport services and aerial work services. The company operates large aircraft, medium-size aircraft, small aircraft, and regional jets. JAL's route network comprises over 100 domestic routes and over 50 international routes. The airline flies to over 50 countries and regions and connects over 300 airports.

Japan Airlines Co (Japan Airlines Co) Headlines

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