JINS Holdings (TSE:3046) Receivables Turnover : 4.21 (As of Feb. 2024)

View and export this data going back to 2013. Start your Free Trial

What is JINS 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. JINS Holdings's Revenue for the three months ended in Feb. 2024 was 円19,852 Mil. JINS Holdings's average Accounts Receivable for the three months ended in Feb. 2024 was 円4,715 Mil. Hence, JINS Holdings's Receivables Turnover for the three months ended in Feb. 2024 was 4.21.

JINS Holdings Receivables Turnover Historical Data

The historical data trend for JINS 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.

* Premium members only.

JINS Holdings Receivables Turnover Chart

JINS Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

Get a 7-Day Free Trial

15.84

13.57

15.44

16.11

15.31

JINS Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															4.17	4.36	4.01	3.74	4.21

Competitive Comparison of JINS Holdings's Receivables Turnover

For the Medical Instruments & Supplies subindustry, JINS 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.

JINS Holdings's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JINS Holdings's Receivables Turnover distribution charts can be found below:

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

JINS Holdings Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	73264	/ (	(4514	+	5059)	/	2 )
=	73264	/	4786.5
=	15.31

JINS Holdings's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	19852	/ (	(4659	+	4770)	/	2 )
=	19852	/	4714.5
=	4.21

JINS Holdings (TSE:3046) 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.

JINS Holdings Receivables Turnover Related Terms

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

JINS Holdings (TSE:3046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » JINS Holdings Inc (TSE:3046) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

5F3:Germany

Address

2-10-2 Fujimi, Iidabashi Grand Broom, 30th Floor, Chiyoda-ku, Tokyo, JPN, 102-0071

Website

https://jinsholdings.com

JINS Holdings Inc is an eye wear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations.

JINS Holdings (TSE:3046) Headlines

No Headlines