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Sanyo Homes (TSE:1420) Receivables Turnover : 3.92 (As of Dec. 2023)


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What is Sanyo Homes 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. Sanyo Homes's Revenue for the three months ended in Dec. 2023 was 円9,498 Mil. Sanyo Homes's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,422 Mil. Hence, Sanyo Homes's Receivables Turnover for the three months ended in Dec. 2023 was 3.92.


Sanyo Homes Receivables Turnover Historical Data

The historical data trend for Sanyo Homes'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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Sanyo Homes Receivables Turnover Chart

Sanyo Homes Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.18 24.81 23.14 22.92 18.07

Sanyo Homes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.10 7.45 3.12 4.72 3.92

Competitive Comparison of Sanyo Homes's Receivables Turnover

For the Residential Construction subindustry, Sanyo Homes'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.


Sanyo Homes's Receivables Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sanyo Homes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sanyo Homes's Receivables Turnover falls into.



Sanyo Homes Receivables Turnover Calculation

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

Sanyo Homes's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=40970.625 / ((2572.912 + 1962.089) / 2 )
=40970.625 / 2267.5005
=18.07

Sanyo Homes'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 )
=9497.758 / ((2134.71 + 2710.023) / 2 )
=9497.758 / 2422.3665
=3.92

* 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.


Sanyo Homes  (TSE:1420) 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.


Sanyo Homes Receivables Turnover Related Terms

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Sanyo Homes (TSE:1420) Business Description

Traded in Other Exchanges
N/A
Address
8F Orix Hommachi Bldg. 4-1, Nishi-Hommachi 1-Chome, Nishi-ku, Osaka City, JPN, 550-0005
Sanyo Homes Corp operates in the construction sector. The company is engaged in the development and sales of residential properties. The business operates under four segments - housing, asset utilization, condominiums and remodelling.

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