Bunka Shutter Co (TSE:5930) Receivables Turnover : 1.38 (As of Dec. 2023)

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What is Bunka Shutter 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. Bunka Shutter Co's Revenue for the three months ended in Dec. 2023 was 円55,489 Mil. Bunka Shutter Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円40,250 Mil. Hence, Bunka Shutter Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.38.

Bunka Shutter Co Receivables Turnover Historical Data

The historical data trend for Bunka Shutter 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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Bunka Shutter Co Receivables Turnover Chart

Bunka Shutter Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.96

4.22

4.79

4.63

4.79

Bunka Shutter Co 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															1.51	1.09	1.35	1.38	1.54

Competitive Comparison of Bunka Shutter Co's Receivables Turnover

For the Building Products & Equipment subindustry, Bunka Shutter 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.

Bunka Shutter Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bunka Shutter Co's Receivables Turnover distribution charts can be found below:

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

Bunka Shutter Co Receivables Turnover Calculation

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

Bunka Shutter Co'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 )
=	221076	/ (	(45290	+	46935)	/	2 )
=	221076	/	46112.5
=	4.79

Bunka Shutter 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 )
=	55489	/ (	(40715	+	39784)	/	2 )
=	55489	/	40249.5
=	1.38

Bunka Shutter Co (TSE:5930) 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.

Bunka Shutter Co Receivables Turnover Related Terms

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Bunka Shutter Co (TSE:5930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bunka Shutter Co Ltd (TSE:5930) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Nishikata 1-chome, 17-3, Bunkyo-ku, Tokyo, JPN, 113-8535

Website

http://www.bunka-s.co.jp

Bunka Shutter Co Ltd is a building materials company that manufactures and sells shutters and construction materials in five diversified business segments. Bunka Shutter is based in Japan and primarily produces products such as light shutters, heavy-duty shutters for large-scale commercial facilities, window shutters, and sliding doors. Its second segment, construction materials, produces exterior products. Bunka operates a service business and a separate reform business, both focused on repair and maintenance services, and a refurbishment business. Lastly, the "other" business segment consists of a water sealing business, solar power business, and travel agency services. The company produces most of its revenue in Japan.

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