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Senko Group Holdings Co (TSE:9069) Receivables Turnover : 1.91 (As of Dec. 2023)


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What is Senko Group 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. Senko Group Holdings Co's Revenue for the three months ended in Dec. 2023 was 円203,108 Mil. Senko Group Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円106,436 Mil. Hence, Senko Group Holdings Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.91.


Senko Group Holdings Co Receivables Turnover Historical Data

The historical data trend for Senko Group 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.

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Senko Group Holdings Co Receivables Turnover Chart

Senko Group Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.83 7.29 7.14 7.36 7.49

Senko Group Holdings 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 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 1.76 1.98 1.96 1.91 1.77

Competitive Comparison of Senko Group Holdings Co's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Senko Group 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.


Senko Group Holdings Co's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Senko Group Holdings Co's Receivables Turnover distribution charts can be found below:

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



Senko Group Holdings Co Receivables Turnover Calculation

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

Senko Group Holdings 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 )
=778370 / ((97197 + 110742) / 2 )
=778370 / 103969.5
=7.49

Senko Group 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 )
=203108 / ((102241 + 110630) / 2 )
=203108 / 106435.5
=1.91

* 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.


Senko Group Holdings Co  (TSE:9069) 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.


Senko Group Holdings Co Receivables Turnover Related Terms

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Senko Group Holdings Co (TSE:9069) Business Description

Traded in Other Exchanges
N/A
Address
1-1-30 Kita-ku, Oyodonaka, Osaka, JPN, 531-6115
Senko Group Holdings Co Ltd is a logistics company domiciled in Japan. The company organises itself into three segments: distribution, trading and commerce, and others. Distribution, which generates the majority of revenue, provides logistics services for retail products, plastics and chemical products, and housing construction, among others. Trading and commerce markets and sells petroleum, distributes logistics equipment and materials, and sells commodities, wrapping materials, alcoholic beverages, and paper products.

Senko Group Holdings Co (TSE:9069) Headlines

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