T & K Toka Co (TSE:4636) Receivables Turnover : 1.03 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is T & K Toka Co 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. T & K Toka Co's Revenue for the three months ended in Dec. 2023 was 円12,269 Mil. T & K Toka Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円11,933 Mil. Hence, T & K Toka Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.03.

T & K Toka Co Receivables Turnover Historical Data

The historical data trend for T & K Toka Co'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.

T & K Toka Co Receivables Turnover Chart

T & K Toka Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

3.58

3.52

3.25

3.63

3.74

T & K Toka Co 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															1.07	0.92	0.99	0.99	1.03

Competitive Comparison of T & K Toka Co's Receivables Turnover

For the Specialty Chemicals subindustry, T & K Toka Co'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.

T & K Toka Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, T & K Toka Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where T & K Toka Co's Receivables Turnover falls into.

T & K Toka Co Receivables Turnover Calculation

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

T & K Toka Co'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 )
=	43667	/ (	(12326	+	11001)	/	2 )
=	43667	/	11663.5
=	3.74

T & K Toka Co'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 )
=	12269	/ (	(11610	+	12255)	/	2 )
=	12269	/	11932.5
=	1.03

T & K Toka Co (TSE:4636) 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.

T & K Toka Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of T & K Toka Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

T & K Toka Co (TSE:4636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » T & K Toka Co Ltd (TSE:4636) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-4,Izumi-Cho, Itabashi-Ku, Tokyo, JPN, 174-0055

Website

http://www.tk-toka.co.jp

T & K Toka Co Ltd engages in the manufacture and sale of inks and synthetic resins. Its Ink division provides printing inks, printing-related equipment and printing machines, synthetic resins, and raw materials. The company offers aqueous varnishes, metal paints, primers, additives, chemicals, as well as UV, sheet-fed offset, web offset, gravure, and flexographic inks; and synthetic resins, including hardeners for epoxy resins, polymerized fatty acid based thermoplastic resins, functional resins, thermos-setting resins, and solvent soluble polyimide resins for printing, painting, and adhesives.

T & K Toka Co (TSE:4636) Headlines

No Headlines