Square Enix Holdings Co (Square Enix Holdings Co) Receivables Turnover : 1.81 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Square Enix 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. Square Enix Holdings Co's Revenue for the three months ended in Dec. 2023 was $594 Mil. Square Enix Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was $329 Mil. Hence, Square Enix Holdings Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.81.

Square Enix Holdings Co Receivables Turnover Historical Data

The historical data trend for Square Enix 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.

* Premium members only.

Square Enix Holdings Co Receivables Turnover Chart

Square Enix Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

6.58

7.80

7.95

7.58

7.97

Square Enix 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															2.03	1.90	1.77	1.81	2.07

Competitive Comparison of Square Enix Holdings Co's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, Square Enix 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.

Square Enix Holdings Co's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Square Enix Holdings Co's Receivables Turnover distribution charts can be found below:

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

Square Enix Holdings Co Receivables Turnover Calculation

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

Square Enix 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 )
=	2378.503	/ (	(298.569	+	298.247)	/	2 )
=	2378.503	/	298.408
=	7.97

Square Enix 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 )
=	594.285	/ (	(320.106	+	337.884)	/	2 )
=	594.285	/	328.995
=	1.81

Square Enix Holdings Co (OTCPK:SQNNY) 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.

Square Enix Holdings Co Receivables Turnover Related Terms

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

Square Enix Holdings Co (Square Enix Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Square Enix Holdings Co Ltd (OTCPK:SQNNY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SQNXF:USA 9684:Japan EI4:Germany

Address

Shinjuku Eastside Square, 6-27-30 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-8430

Website

http://www.hd.square-enix.com

Square Enix Holdings Co Ltd is a Japanese holding company that is involved with entertainment content and services. The firm's segments include digital entertainment, which designs, develops, and sells digital entertainment products and games; amusement, which operates amusement facilities and distributes arcade game machines; publication, which publishes comic books, game strategy books, and magazines; and merchandising, which produces, distributes, and licenses derivative products of titles owned by the firm. Square Enix derives the majority of its revenue from its digital entertainment operations.