GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Estelle Holdings Co Ltd (TSE:7872) » Definitions » Receivables Turnover

Estelle Holdings Co (TSE:7872) Receivables Turnover : 3.36 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Estelle Holdings 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. Estelle Holdings Co's Revenue for the three months ended in Dec. 2023 was 円8,144 Mil. Estelle Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,426 Mil. Hence, Estelle Holdings Co's Receivables Turnover for the three months ended in Dec. 2023 was 3.36.


Estelle Holdings Co Receivables Turnover Historical Data

The historical data trend for Estelle Holdings 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.

* Premium members only.

Estelle Holdings Co Receivables Turnover Chart

Estelle Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.93 13.84 13.56 13.67 13.58

Estelle Holdings 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 3.57 3.32 3.53 3.89 3.36

Competitive Comparison of Estelle Holdings Co's Receivables Turnover

For the Luxury Goods subindustry, Estelle Holdings 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.


Estelle Holdings Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Estelle Holdings Co's Receivables Turnover distribution charts can be found below:

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



Estelle Holdings Co Receivables Turnover Calculation

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

Estelle Holdings 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 )
=29627 / ((2207 + 2156) / 2 )
=29627 / 2181.5
=13.58

Estelle Holdings 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 )
=8144 / ((2272 + 2580) / 2 )
=8144 / 2426
=3.36

* 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.


Estelle Holdings Co  (TSE:7872) 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.


Estelle Holdings Co Receivables Turnover Related Terms

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


Estelle Holdings Co (TSE:7872) Business Description

Traded in Other Exchanges
N/A
Address
Kamiyacho Central Place, 4-3-13 Toranomon, 5th Floor, Minato-ku, Tokyo, JPN, 105-0001
Estelle Holdings Co Ltd manufactures, processes and sells precious metals and gems. It offers rings, bracelets, piercing jewelry, earrings, and accessories and eyeglasses, among others. It operates chain of stores. It also engaged in the cosmetics business, accessory, clothing, and eye wear business.

Estelle Holdings Co (TSE:7872) Headlines

No Headlines