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Kokusai Electric (TSE:6525) Receivables Turnover : 1.42 (As of Mar. 2024)


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What is Kokusai Electric 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. Kokusai Electric's Revenue for the three months ended in Mar. 2024 was 円49,177 Mil. Kokusai Electric's average Accounts Receivable for the three months ended in Mar. 2024 was 円34,607 Mil. Hence, Kokusai Electric's Receivables Turnover for the three months ended in Mar. 2024 was 1.42.


Kokusai Electric Receivables Turnover Historical Data

The historical data trend for Kokusai Electric'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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Kokusai Electric Receivables Turnover Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24
Receivables Turnover
5.34 5.26 4.55

Kokusai Electric Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 1.27 0.86 1.44 1.52 1.42

Competitive Comparison of Kokusai Electric's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.


Kokusai Electric's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kokusai Electric's Receivables Turnover falls into.



Kokusai Electric Receivables Turnover Calculation

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

Kokusai Electric'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 )
=180838 / ((47477 + 31994) / 2 )
=180838 / 39735.5
=4.55

Kokusai Electric's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=49177 / ((37219 + 31994) / 2 )
=49177 / 34606.5
=1.42

* 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.


Kokusai Electric  (TSE:6525) 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.


Kokusai Electric Receivables Turnover Related Terms

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Kokusai Electric (TSE:6525) Business Description

Traded in Other Exchanges
Address
3-4 Kanda Kaji-cho, 5th floor, oak Kanda Kajicho Building, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the development, manufacturing, sales, and installation of semiconductor manufacturing equipment, and services such as maintenance, repair, and parts sales of said equipment.

Kokusai Electric (TSE:6525) Headlines

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