Nachi-Fujikoshi (TSE:6474) Receivables Turnover : 1.04 (As of Feb. 2024)

View and export this data going back to 1949. Start your Free Trial

What is Nachi-Fujikoshi 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. Nachi-Fujikoshi's Revenue for the three months ended in Feb. 2024 was 円59,338 Mil. Nachi-Fujikoshi's average Accounts Receivable for the three months ended in Feb. 2024 was 円57,276 Mil. Hence, Nachi-Fujikoshi's Receivables Turnover for the three months ended in Feb. 2024 was 1.04.

Nachi-Fujikoshi Receivables Turnover Historical Data

The historical data trend for Nachi-Fujikoshi'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.

Nachi-Fujikoshi Receivables Turnover Chart

Nachi-Fujikoshi Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Receivables Turnover

Get a 7-Day Free Trial

4.33

3.91

4.54

4.47

4.46

Nachi-Fujikoshi 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															1.06	1.12	1.11	1.13	1.04

Competitive Comparison of Nachi-Fujikoshi's Receivables Turnover

For the Tools & Accessories subindustry, Nachi-Fujikoshi'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.

Nachi-Fujikoshi's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nachi-Fujikoshi's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nachi-Fujikoshi's Receivables Turnover falls into.

Nachi-Fujikoshi Receivables Turnover Calculation

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

Nachi-Fujikoshi's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Receivables Turnover (A: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2023 )	/ (	(Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )
=	265464	/ (	(60365	+	58805)	/	2 )
=	265464	/	59585
=	4.46

Nachi-Fujikoshi'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 )
=	59338	/ (	(58805	+	55747)	/	2 )
=	59338	/	57276
=	1.04

Nachi-Fujikoshi (TSE:6474) 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.

Nachi-Fujikoshi Receivables Turnover Related Terms

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

Nachi-Fujikoshi (TSE:6474) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nachi-Fujikoshi Corp (TSE:6474) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiodome Sumitomo Building 17th Floor, 1-9-2 Higashi-Shinbasi, Minato-ku, Tokyo, JPN, 105-0021

Website

http://www.nachi-fujikoshi.co.jp

Nachi-Fujikoshi Corp is a Japanese manufacturer of machining tools. The company operates six business segments: bearings, hydraulic equipment, cutting tools, machine tools, robots, and special steels and industrial furnaces. The largest segment by revenue, bearings, offers various forms of ball and roller bearings. The other segments offer drills and mills, broaching machines and power finishers, welding and handling robots, hydraulic valves and pumps, alloys and special steels, coating equipment and services, and thermo-furnace systems.

Nachi-Fujikoshi (TSE:6474) Headlines

No Headlines