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Mammy Mart (TSE:9823) Receivables Turnover : 9.78 (As of Mar. 2024)


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What is Mammy Mart 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. Mammy Mart's Revenue for the three months ended in Mar. 2024 was 円39,050 Mil. Mammy Mart's average Accounts Receivable for the three months ended in Mar. 2024 was 円3,994 Mil. Hence, Mammy Mart's Receivables Turnover for the three months ended in Mar. 2024 was 9.78.


Mammy Mart Receivables Turnover Historical Data

The historical data trend for Mammy Mart'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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Mammy Mart Receivables Turnover Chart

Mammy Mart Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.03 80.22 70.00 57.88 52.29

Mammy Mart 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 10.90 13.42 13.21 10.80 9.78

Competitive Comparison of Mammy Mart's Receivables Turnover

For the Grocery Stores subindustry, Mammy Mart'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.


Mammy Mart's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mammy Mart's Receivables Turnover distribution charts can be found below:

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



Mammy Mart Receivables Turnover Calculation

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

Mammy Mart's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=145040 / ((2533 + 3014) / 2 )
=145040 / 2773.5
=52.29

Mammy Mart'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 )
=39050 / ((4407 + 3580) / 2 )
=39050 / 3993.5
=9.78

* 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.


Mammy Mart  (TSE:9823) 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.


Mammy Mart Receivables Turnover Related Terms

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Mammy Mart (TSE:9823) Business Description

Traded in Other Exchanges
N/A
Address
Miyaharacho 2-chome 44-1, Kita-ku, Saitama, JPN, 331-0812
Mammy Mart Corp is a fresh food supermarket chain of the principal. It develops steadily based on community-based management.

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