Geniee (TSE:6562) Receivables Turnover : 0.75 (As of Dec. 2023)

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What is Geniee 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. Geniee's Revenue for the three months ended in Dec. 2023 was 円2,134 Mil. Geniee's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,855 Mil. Hence, Geniee's Receivables Turnover for the three months ended in Dec. 2023 was 0.75.

Geniee Receivables Turnover Historical Data

The historical data trend for Geniee'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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Geniee Receivables Turnover Chart

Geniee Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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10.17

12.95

10.77

8.21

2.88

Geniee 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															0.84	0.78	0.72	0.74	0.75

Competitive Comparison of Geniee's Receivables Turnover

For the Internet Content & Information subindustry, Geniee'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.

Geniee's Receivables Turnover Distribution in the Interactive Media Industry

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

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

Geniee Receivables Turnover Calculation

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

Geniee'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 )
=	6455.074	/ (	(2029.947	+	2446.381)	/	2 )
=	6455.074	/	2238.164
=	2.88

Geniee'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 )
=	2133.53	/ (	(2757.718	+	2952.864)	/	2 )
=	2133.53	/	2855.291
=	0.75

Geniee (TSE:6562) 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.

Geniee Receivables Turnover Related Terms

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Geniee (TSE:6562) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Geniee Inc (TSE:6562) » Definitions » Receivables Turnover

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Address

7-20-1 Nishishinjuku, Sumitomofudosan Nishishinjuku Building, 25th Floor, Shinjuku-ku, Tokyo, JPN, 160-0023

Website

http://www.geniee.co.jp

Geniee Inc engages in the Internet advertisement technology business in Japan and internationally. It provides Geniee SSP, a platform that compares various deals, such as pure ads, real time bids from demand side platforms and ad exchanges, and ads from multiple ad networks and affiliate ads, as well as serves ads that enhance the revenue; Geniee Trading Desk, an integrated operation service for display ads; DMP, a data platform that stores and analyzes data from ads, marketing, media, and users; and Data Exchange that enables the delivery of online ads and email ads using membership data and various types of medium audience data. The company also offers its services for agencies and App Developers.

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