Sony Group (Sony Group) Receivables Turnover : 1.66 (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

What is Sony Group 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. Sony Group's Revenue for the three months ended in Dec. 2023 was $26,028 Mil. Sony Group's average Accounts Receivable for the three months ended in Dec. 2023 was $15,704 Mil. Hence, Sony Group's Receivables Turnover for the three months ended in Dec. 2023 was 1.66.

Sony Group Receivables Turnover Historical Data

The historical data trend for Sony Group'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.

Sony Group Receivables Turnover Chart

Sony Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

6.92

7.00

6.36

6.39

Sony Group 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															1.62	1.93	1.57	1.36	1.66

Competitive Comparison of Sony Group's Receivables Turnover

For the Consumer Electronics subindustry, Sony Group'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.

Sony Group's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Sony Group's Receivables Turnover falls into.

Sony Group Receivables Turnover Calculation

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

Sony Group'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 )
=	86334.474	/ (	(13733.823	+	13301.525)	/	2 )
=	86334.474	/	13517.674
=	6.39

Sony Group'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 )
=	26027.837	/ (	(14669.12	+	16738.539)	/	2 )
=	26027.837	/	15703.8295
=	1.66

Sony Group (NYSE:SONY) 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.

Sony Group Receivables Turnover Related Terms

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

Sony Group (Sony Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (NYSE:SONY) » Definitions » Receivables Turnover

Traded in Other Exchanges

SNEJF:USA SONY:Mexico 6758:Japan SON1:Germany SNEC34:Brazil SON1:Austria

Address

7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.sony.com

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.