Ibiden Co (TSE:4062) Receivables Turnover : 1.18 (As of Dec. 2023)

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What is Ibiden 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. Ibiden Co's Revenue for the three months ended in Dec. 2023 was 円92,527 Mil. Ibiden Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円78,274 Mil. Hence, Ibiden Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.18.

Ibiden Co Receivables Turnover Historical Data

The historical data trend for Ibiden 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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Ibiden Co Receivables Turnover Chart

Ibiden Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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4.75

4.58

4.07

4.50

5.08

Ibiden 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															1.39	1.33	1.20	1.17	1.18

Competitive Comparison of Ibiden Co's Receivables Turnover

For the Electronic Components subindustry, Ibiden 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.

Ibiden Co's Receivables Turnover Distribution in the Hardware Industry

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

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

Ibiden Co Receivables Turnover Calculation

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

Ibiden 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 )
=	417549	/ (	(88483	+	75942)	/	2 )
=	417549	/	82212.5
=	5.08

Ibiden 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 )
=	92527	/ (	(77393	+	79155)	/	2 )
=	92527	/	78274
=	1.18

Ibiden Co (TSE:4062) 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.

Ibiden Co Receivables Turnover Related Terms

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Ibiden Co (TSE:4062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ibiden Co Ltd (TSE:4062) » Definitions » Receivables Turnover

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IBIDY:USA IBI:Germany

Address

2-1 Kanda-cho, Ogaki, Gifu, JPN, 503-8604

Website

https://www.ibiden.com

Ibiden Company Limited is a provider of electronic and ceramic products. The company operates through three segments: ceramic, electron and other. The ceramic segment, which contributes the largest portion of revenue, provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. Electron, the next- largest segment, offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices and home appliances. The other segment includes the processing of agriculture, livestock and fisheries, the sale of oil products and synthetic resin production. The company is headquartered in Japan and generates the majority of revenue in Asia.

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