Jenoba Co (TSE:5570) Receivables Turnover : 11.28 (As of Sep. 2023)

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What is Jenoba 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. Jenoba Co's Revenue for the six months ended in Sep. 2023 was 円1,206 Mil. Jenoba Co's average Accounts Receivable for the six months ended in Sep. 2023 was 円107 Mil. Hence, Jenoba Co's Receivables Turnover for the six months ended in Sep. 2023 was 11.28.

Jenoba Co Receivables Turnover Historical Data

The historical data trend for Jenoba 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.

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Jenoba Co Receivables Turnover Chart

Jenoba Co Annual Data

Trend

Sep21

Sep22

Sep23

Receivables Turnover

10.29

11.21

11.28

Jenoba Co Semi-Annual Data
	Sep21	Sep22	Sep23
Receivables Turnover	10.29	11.21	11.28

Competitive Comparison of Jenoba Co's Receivables Turnover

For the Internet Content & Information subindustry, Jenoba 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.

Jenoba Co's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Jenoba Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jenoba Co's Receivables Turnover falls into.

Jenoba Co Receivables Turnover Calculation

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

Jenoba Co's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	1206.181	/ (	(105.025	+	108.854)	/	2 )
=	1206.181	/	106.9395
=	11.28

Jenoba Co's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	1206.181	/ (	(105.025	+	108.854)	/	2 )
=	1206.181	/	106.9395
=	11.28

Jenoba Co (TSE:5570) 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.

Jenoba Co Receivables Turnover Related Terms

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Jenoba Co (TSE:5570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Jenoba Co Ltd (TSE:5570) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-34-4 Kanda Suda-cho, 6th Floor, Kanda Glow Building, Chiyoda-ku, Tokyo, JPN, 101-0041

Website

https://www.jenoba.jp

Jenoba Co Ltd is engaged in the positional information data distribution service business.

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