Seibu Holdings (Seibu Holdings) Receivables Turnover : 4.04 (As of Dec. 2023)

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What is Seibu Holdings 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. Seibu Holdings's Revenue for the three months ended in Dec. 2023 was $845 Mil. Seibu Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $209 Mil. Hence, Seibu Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 4.04.

Seibu Holdings Receivables Turnover Historical Data

The historical data trend for Seibu Holdings'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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Seibu Holdings Receivables Turnover Chart

Seibu Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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8.49

5.52

9.24

15.50

14.21

Seibu Holdings 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															3.81	3.98	4.27	4.04	3.58

Competitive Comparison of Seibu Holdings's Receivables Turnover

For the Conglomerates subindustry, Seibu Holdings'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.

Seibu Holdings's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Seibu Holdings's Receivables Turnover distribution charts can be found below:

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

Seibu Holdings Receivables Turnover Calculation

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

Seibu Holdings'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 )
=	3187.842	/ (	(224.376	+	0)	/	1 )
=	3187.842	/	224.376
=	14.21

Seibu Holdings'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 )
=	844.511	/ (	(199.466	+	218.57)	/	2 )
=	844.511	/	209.018
=	4.04

Seibu Holdings (OTCPK:SEIBF) 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.

Seibu Holdings Receivables Turnover Related Terms

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Seibu Holdings (Seibu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Seibu Holdings Inc (OTCPK:SEIBF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

9024:Japan

Address

1-16-15 Minamiikebukuro, Toshima-ku, Tokorozawa, JPN, 171-0022

Website

http://www.seibuholdings.co.jp

Seibu Holdings Inc is a holding company based in Japan. The company and its subsidiaries operate in urban transportation and regional, hotel and leisure, real estate, construction, Hawaii business and other businesses segments. The activities of these segments encompass railway and bus operations from Seibu Railway and Seibu bus, operations of resort hotels, golf courses, ski resorts and leisure facilities, leasing business, insurance agency, asset management, construction business, the operation of Hawaii Prince Hotel Waikiki, passenger rail services, bus, and taxi services.