NWS Holdings (HKSE:00659) Receivables Turnover : 2.44 (As of Dec. 2023)

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What is NWS Holdings 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. NWS Holdings's Revenue for the six months ended in Dec. 2023 was HK$13,979 Mil. NWS Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5,719 Mil. Hence, NWS Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.44.

NWS Holdings Receivables Turnover Historical Data

The historical data trend for NWS Holdings'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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NWS Holdings Receivables Turnover Chart

NWS Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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6.71

6.22

8.72

9.73

11.56

NWS Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															5.68	4.60	3.53	7.88	2.44

Competitive Comparison of NWS Holdings's Receivables Turnover

For the Engineering & Construction subindustry, NWS Holdings'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.

NWS Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, NWS Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NWS Holdings's Receivables Turnover falls into.

NWS Holdings Receivables Turnover Calculation

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

NWS Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	45213.8	/ (	(3554.5	+	4269.1)	/	2 )
=	45213.8	/	3911.8
=	11.56

NWS Holdings'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	13978.5	/ (	(4269.1	+	7169.1)	/	2 )
=	13978.5	/	5719.1
=	2.44

NWS Holdings (HKSE:00659) 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.

NWS Holdings Receivables Turnover Related Terms

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NWS Holdings (HKSE:00659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NWS Holdings Ltd (HKSE:00659) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NWSGY:USA NWS:Germany

Address

888 Lai Chi Kok Road, 21/F, NCB Innovation Centre, Cheung Sha Wan, Kowloon, HKG

Website

https://www.nws.com.hk

NWS Holdings Ltd is a conglomerate with a diversified portfolio of market-leading businesses, predominantly in Hong Kong and the Mainland. The Group's businesses include toll roads, construction, insurance, logistics, and facilities management. Through the Group's sustainable business model, it is committed to creating more value for all stakeholders and the community.

Executives

Cheng Yu Tung Family (holdings Ii) Limited	2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Enterprises Limited	2201 Interest of corporation controlled by you
Century Acquisition Limited	2101 Beneficial owner
New World Development Company Limited	2201 Interest of corporation controlled by you
Mombasa Limited	2101 Beneficial owner

NWS Holdings (HKSE:00659) Headlines

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