Hakuto Co (TSE:7433) Receivables Turnover : 1.06 (As of Mar. 2024)

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What is Hakuto 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. Hakuto Co's Revenue for the three months ended in Mar. 2024 was 円41,673 Mil. Hakuto Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円39,393 Mil. Hence, Hakuto Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.06.

Hakuto Co Receivables Turnover Historical Data

The historical data trend for Hakuto 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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Hakuto Co Receivables Turnover Chart

Hakuto Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.59

4.49

4.86

5.17

4.15

Hakuto Co 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															1.23	0.99	1.16	1.13	1.06

Competitive Comparison of Hakuto Co's Receivables Turnover

For the Electronic Components subindustry, Hakuto 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.

Hakuto Co's Receivables Turnover Distribution in the Hardware Industry

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

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

Hakuto Co Receivables Turnover Calculation

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

Hakuto Co'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 )
=	182046	/ (	(49664	+	38101)	/	2 )
=	182046	/	43882.5
=	4.15

Hakuto Co'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 )
=	41673	/ (	(40684	+	38101)	/	2 )
=	41673	/	39392.5
=	1.06

Hakuto Co (TSE:7433) 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.

Hakuto Co Receivables Turnover Related Terms

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Hakuto Co (TSE:7433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hakuto Co Ltd (TSE:7433) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-13, Shinjuku 1-Chome, Shinjuku-Ku, Tokyo, JPN, 160-8910

Website

http://www.hakuto.co.jp

Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.

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