GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Simplex Holdings Inc (TSE:4373) » Definitions » Receivables Turnover

Simplex Holdings (TSE:4373) Receivables Turnover : 1.14 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Simplex 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. Simplex Holdings's Revenue for the three months ended in Mar. 2024 was 円10,757 Mil. Simplex Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円9,434 Mil. Hence, Simplex Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 1.14.


Simplex Holdings Receivables Turnover Historical Data

The historical data trend for Simplex 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.

Simplex Holdings Receivables Turnover Chart

Simplex Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
4.47 4.59 5.08 4.80 4.30

Simplex Holdings Quarterly Data
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 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 1.12 1.12 1.18 1.16 1.14

Competitive Comparison of Simplex Holdings's Receivables Turnover

For the Consulting Services subindustry, Simplex 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.


Simplex Holdings's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Simplex Holdings's Receivables Turnover distribution charts can be found below:

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



Simplex Holdings Receivables Turnover Calculation

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

Simplex 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 )
=40708 / ((8820 + 10093) / 2 )
=40708 / 9456.5
=4.30

Simplex 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 )
=10757 / ((8774 + 10093) / 2 )
=10757 / 9433.5
=1.14

* 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.


Simplex Holdings  (TSE:4373) 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.


Simplex Holdings Receivables Turnover Related Terms

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


Simplex Holdings (TSE:4373) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6319
Simplex Holdings Inc is engaged in providing total solutions from strategy to design, development, operation and maintenance.

Simplex Holdings (TSE:4373) Headlines

No Headlines