GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CREEK & RIVER Co Ltd (TSE:4763) » Definitions » Receivables Turnover

CREEK & RIVER Co (TSE:4763) Receivables Turnover : 1.79 (As of Feb. 2024)


View and export this data going back to 2000. Start your Free Trial

What is CREEK & RIVER 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. CREEK & RIVER Co's Revenue for the three months ended in Feb. 2024 was 円11,971 Mil. CREEK & RIVER Co's average Accounts Receivable for the three months ended in Feb. 2024 was 円6,678 Mil. Hence, CREEK & RIVER Co's Receivables Turnover for the three months ended in Feb. 2024 was 1.79.


CREEK & RIVER Co Receivables Turnover Historical Data

The historical data trend for CREEK & RIVER 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.

CREEK & RIVER Co Receivables Turnover Chart

CREEK & RIVER Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.59 7.52 7.98 7.70 8.20

CREEK & RIVER Co 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 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 1.80 1.93 1.72 1.72 1.79

Competitive Comparison of CREEK & RIVER Co's Receivables Turnover

For the Consulting Services subindustry, CREEK & RIVER 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.


CREEK & RIVER Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CREEK & RIVER Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CREEK & RIVER Co's Receivables Turnover falls into.



CREEK & RIVER Co Receivables Turnover Calculation

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

CREEK & RIVER Co's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=49799.694 / ((6024.485 + 6124.337) / 2 )
=49799.694 / 6074.411
=8.20

CREEK & RIVER Co'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 )
=11971.07 / ((7232.012 + 6124.337) / 2 )
=11971.07 / 6678.1745
=1.79

* 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.


CREEK & RIVER Co  (TSE:4763) 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.


CREEK & RIVER Co Receivables Turnover Related Terms

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


CREEK & RIVER Co (TSE:4763) Business Description

Traded in Other Exchanges
N/A
Address
SHINTORA-DORI CORE, 4-1-1, Shimbashi, Minato-ku, Tokyo, JPN, 105-0004
CREEK & RIVER Co Ltd is a Japan-based company that provides consulting, outsourcing, production, and professional agent services for video game and multimedia creators. It is also engaged in management and distribution services for copyright and content.

CREEK & RIVER Co (TSE:4763) Headlines

No Headlines