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Saint-Care Holding (TSE:2374) Receivables Turnover : 1.60 (As of Dec. 2023)


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What is Saint-Care Holding 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. Saint-Care Holding's Revenue for the three months ended in Dec. 2023 was 円13,640 Mil. Saint-Care Holding's average Accounts Receivable for the three months ended in Dec. 2023 was 円8,503 Mil. Hence, Saint-Care Holding's Receivables Turnover for the three months ended in Dec. 2023 was 1.60.


Saint-Care Holding Receivables Turnover Historical Data

The historical data trend for Saint-Care Holding'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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Saint-Care Holding Receivables Turnover Chart

Saint-Care Holding 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 7.18 7.67 7.65 6.97 6.74

Saint-Care Holding 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 1.65 1.58 1.61 1.60 1.60

Competitive Comparison of Saint-Care Holding's Receivables Turnover

For the Medical Care Facilities subindustry, Saint-Care Holding'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.


Saint-Care Holding's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Saint-Care Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Saint-Care Holding's Receivables Turnover falls into.



Saint-Care Holding Receivables Turnover Calculation

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

Saint-Care Holding'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 )
=52551.875 / ((7383.324 + 8212.105) / 2 )
=52551.875 / 7797.7145
=6.74

Saint-Care Holding'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 )
=13640.289 / ((8458.356 + 8548.321) / 2 )
=13640.289 / 8503.3385
=1.60

* 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.


Saint-Care Holding  (TSE:2374) 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.


Saint-Care Holding Receivables Turnover Related Terms

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Saint-Care Holding (TSE:2374) Business Description

Traded in Other Exchanges
N/A
Address
2-8-7 Kyobashi, Chuo-ku, Yomiu Building, 5th Floor, Tokyo, JPN, 104-0031
Saint-Care Holding Corp provides healthcare services including home help, visit bathing, elder-care taxi, home care support, home-visit nursing care, welfare equipment and rental equipment sales care, catering, group home and day care services.

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