Nomura Real Estate Holdings (TSE:3231) Receivables Turnover : 9.22 (As of Mar. 2024)

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What is Nomura Real Estate 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. Nomura Real Estate Holdings's Revenue for the three months ended in Mar. 2024 was 円216,370 Mil. Nomura Real Estate Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円23,476 Mil. Hence, Nomura Real Estate Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 9.22.

Nomura Real Estate Holdings Receivables Turnover Historical Data

The historical data trend for Nomura Real Estate 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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Nomura Real Estate Holdings Receivables Turnover Chart

Nomura Real Estate Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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26.04

25.81

30.97

20.81

21.48

Nomura Real Estate Holdings 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															7.90	7.16	8.52	7.67	9.22

Competitive Comparison of Nomura Real Estate Holdings's Receivables Turnover

For the Real Estate Services subindustry, Nomura Real Estate 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.

Nomura Real Estate Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nomura Real Estate Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Holdings's Receivables Turnover falls into.

Nomura Real Estate Holdings Receivables Turnover Calculation

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

Nomura Real Estate Holdings'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 )
=	734715	/ (	(40890	+	27534)	/	2 )
=	734715	/	34212
=	21.48

Nomura Real Estate 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 )
=	216370	/ (	(19417	+	27534)	/	2 )
=	216370	/	23475.5
=	9.22

Nomura Real Estate Holdings (TSE:3231) 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.

Nomura Real Estate Holdings Receivables Turnover Related Terms

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Nomura Real Estate Holdings (TSE:3231) Business Description

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NMEHF:USA

Address

Shinjuku Nomura Building, 1-26-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0566

Website

http://www.nomura-re-hd.co.jp

Nomura Real Estate Holdings Inc comprises Nomura Real Estate Development and other group companies. It operates in residential development, leasing, investment management, property brokerage, commercial real estate, property management, and other areas. Residential development is the leading business and provides a diverse group of services. Condominiums and detached housing are among the various property types offered. The group launches numerous properties under its branded names, like Proud and Ohana, in various parts of the Tokyo metropolitan area. In addition to commercial property development, the group provides corporate real estate brokerage and architectural design.

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