U-Next Holdings Co (U-Next Holdings Co) Receivables Turnover : 2.47 (As of Feb. 2024)

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What is U-Next 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. U-Next Holdings Co's Revenue for the three months ended in Feb. 2024 was $525 Mil. U-Next Holdings Co's average Accounts Receivable for the three months ended in Feb. 2024 was $213 Mil. Hence, U-Next Holdings Co's Receivables Turnover for the three months ended in Feb. 2024 was 2.47.

U-Next Holdings Co Receivables Turnover Historical Data

The historical data trend for U-Next 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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U-Next Holdings Co Receivables Turnover Chart

U-Next Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

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10.43

9.90

9.89

9.07

9.24

U-Next Holdings Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															2.60	2.36	2.42	2.29	2.47

Competitive Comparison of U-Next Holdings Co's Receivables Turnover

For the Conglomerates subindustry, U-Next 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.

U-Next Holdings Co's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, U-Next Holdings Co's Receivables Turnover distribution charts can be found below:

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

U-Next Holdings Co Receivables Turnover Calculation

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

U-Next Holdings Co's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	1908.711	/ (	(192.093	+	220.948)	/	2 )
=	1908.711	/	206.5205
=	9.24

U-Next Holdings Co's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	524.847	/ (	(208.513	+	216.91)	/	2 )
=	524.847	/	212.7115
=	2.47

U-Next Holdings Co (OTCPK:USNNF) 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.

U-Next Holdings Co Receivables Turnover Related Terms

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U-Next Holdings Co (U-Next Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » U-Next Holdings Co Ltd (OTCPK:USNNF) » Definitions » Receivables Turnover

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9418:Japan

Address

No.1, Shin-Osaki 3-chome, Meguro Central Square, Shinagawa-ku, Tokyo, JPN, 141-0021

Website

https://usen-next.co.jp

Usen-Next Holdings Co Ltd engages in the provision of digital content and mobile communication services. The firm's business line includes U-NEXT business, Content platform business, Mobile communication business, Fixed-line telecommunications business for multi-family housing, and BPO Business. Its content platform business engages in planning, developing, operating, and marketing U-NEXT, a video distribution service; and the provision of application development and infrastructure distribution services. The company also provides multi-MVNO cheap SIM, and cheap smartphone services; offers fixed-line telecommunications and optical Internet services; and operates contact centers.

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