Trial Holdings (TSE:141A) Receivables Turnover : 131.50 (As of Mar. 2024)

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What is Trial 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. Trial Holdings's Revenue for the three months ended in Mar. 2024 was 円173,913 Mil. Trial Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円1,323 Mil. Hence, Trial Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 131.50.

Trial Holdings Receivables Turnover Historical Data

The historical data trend for Trial 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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Trial Holdings Receivables Turnover Chart

Trial Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Receivables Turnover

212.97

679.79

657.39

Trial Holdings Quarterly Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	131.50

Competitive Comparison of Trial Holdings's Receivables Turnover

For the Discount Stores subindustry, Trial 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.

Trial Holdings's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Trial Holdings's Receivables Turnover distribution charts can be found below:

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

Trial Holdings Receivables Turnover Calculation

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

Trial Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	653112	/ (	(1013	+	974)	/	2 )
=	653112	/	993.5
=	657.39

Trial Holdings'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 )
=	173913	/ (	(1414	+	1231)	/	2 )
=	173913	/	1322.5
=	131.50

Trial Holdings (TSE:141A) 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.

Trial Holdings Receivables Turnover Related Terms

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Trial Holdings (TSE:141A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Trial Holdings Inc (TSE:141A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-2 Tanotsu, Fukuoka Higashi-ku, Fukuoka, JPN, 813-0034

Website

https://www.trial-holdings.inc

Trial Holdings Inc is engaged in the planning, management and operation of corporate groups centered on each business such as retail, logistics, finance/payment, and retail tech.

Trial Holdings (TSE:141A) Headlines

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