Mitsui High-tec (TSE:6966) Receivables Turnover : 1.74 (As of Jan. 2024)

Mitsui High-tec Receivables Turnover Chart

Mitsui High-tec Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Receivables Turnover		Get a 7-Day Free Trial					7.57	7.22	7.44	6.96	6.88

Mitsui High-tec Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															1.41	1.65	1.68	1.68	1.74

Competitive Comparison of Mitsui High-tec's Receivables Turnover

For the Semiconductors subindustry, Mitsui High-tec'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.

Mitsui High-tec's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mitsui High-tec's Receivables Turnover falls into.

Mitsui High-tec Receivables Turnover Calculation

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

Mitsui High-tec's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Mitsui High-tec's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

* 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.

Mitsui High-tec  (TSE:6966) 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.

Mitsui High-tec Receivables Turnover Related Terms

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Mitsui High-tec (TSE:6966) Business Description