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Matching Service Japan Co (TSE:6539) Receivables Turnover : 4.88 (As of Dec. 2023)


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What is Matching Service Japan 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. Matching Service Japan Co's Revenue for the three months ended in Dec. 2023 was 円1,106 Mil. Matching Service Japan Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円227 Mil. Hence, Matching Service Japan Co's Receivables Turnover for the three months ended in Dec. 2023 was 4.88.


Matching Service Japan Co Receivables Turnover Historical Data

The historical data trend for Matching Service Japan 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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Matching Service Japan Co Receivables Turnover Chart

Matching Service Japan Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 28.91 25.08 22.31 25.92 27.41

Matching Service Japan Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.38 6.65 6.45 6.06 4.88

Competitive Comparison of Matching Service Japan Co's Receivables Turnover

For the Staffing & Employment Services subindustry, Matching Service Japan 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.


Matching Service Japan Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Matching Service Japan Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Matching Service Japan Co's Receivables Turnover falls into.



Matching Service Japan Co Receivables Turnover Calculation

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

Matching Service Japan Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=4293.413 / ((152.333 + 160.961) / 2 )
=4293.413 / 156.647
=27.41

Matching Service Japan 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 )
=1106.165 / ((224.22 + 229.173) / 2 )
=1106.165 / 226.6965
=4.88

* 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.


Matching Service Japan Co  (TSE:6539) 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.


Matching Service Japan Co Receivables Turnover Related Terms

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Matching Service Japan Co (TSE:6539) Business Description

Traded in Other Exchanges
N/A
Address
2-10-2 Fujimi Chiyoda-ku, 4th Floor, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Matching Service Japan Co Ltd operates as a recruitment agency. The company offers recruitment services in accounting, finance, general affairs, human resources, legal, and public affairs industries. The Personnel Introduction Business division handles recruitment services. The Other Incidental Business division includes temporary staffing, M&A intermediate service, accounting and law firms search site, and operation of other recruitment sites such as KAIKEI FAN and LEGAL NET.

Matching Service Japan Co (TSE:6539) Headlines

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