Jeol (TSE:6951) Receivables Turnover : 0.85 (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is Jeol 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. Jeol's Revenue for the three months ended in Dec. 2023 was 円38,159 Mil. Jeol's average Accounts Receivable for the three months ended in Dec. 2023 was 円44,966 Mil. Hence, Jeol's Receivables Turnover for the three months ended in Dec. 2023 was 0.85.

Jeol Receivables Turnover Historical Data

The historical data trend for Jeol'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.

Jeol Receivables Turnover Chart

Jeol Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.70

3.53

3.80

3.55

3.28

Jeol 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															1.22	0.65	0.95	0.85	1.35

Competitive Comparison of Jeol's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Jeol'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.

Jeol's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jeol's Receivables Turnover distribution charts can be found below:

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

Jeol Receivables Turnover Calculation

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

Jeol'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 )
=	174336	/ (	(50375	+	56034)	/	2 )
=	174336	/	53204.5
=	3.28

Jeol'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 )
=	38159	/ (	(46175	+	43756)	/	2 )
=	38159	/	44965.5
=	0.85

Jeol (TSE:6951) 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.

Jeol Receivables Turnover Related Terms

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

Jeol (TSE:6951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jeol Ltd (TSE:6951) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

JEL:Germany

Address

1-2, Musashino 3-chome, Akishima, Tokyo, JPN, 196-8558

Website

http://www.jeol.co.jp

Jeol Ltd develops and manufactures scientific and metrology instruments, industrial equipment, and medical equipment. The scientific and metrology instruments segment contributes the majority of revenue. It sells electron optics instruments, analytical instruments, and measuring instruments, including electron microscopes, magnetic resonance systems, and mass spectrometers. The industrial equipment segment produces semiconductor equipment and industrial equipment. The medical equipment segment sells clinical chemistry analyzers, rack handlers, laboratory information systems, and amino acid analyzers. Jeol generates the largest proportion of its revenue in Japan, with the second- largest proportion of revenue generated in the United States.

Jeol (TSE:6951) Headlines

No Headlines