Walsin Lihwa (LUX:WLSRS) Receivables Turnover : 2.50 (As of Mar. 2024)

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What is Walsin Lihwa 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. Walsin Lihwa's Revenue for the three months ended in Mar. 2024 was $1,279 Mil. Walsin Lihwa's average Accounts Receivable for the three months ended in Mar. 2024 was $511 Mil. Hence, Walsin Lihwa's Receivables Turnover for the three months ended in Mar. 2024 was 2.50.

Walsin Lihwa Receivables Turnover Historical Data

The historical data trend for Walsin Lihwa'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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Walsin Lihwa Receivables Turnover Chart

Walsin Lihwa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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14.07

15.35

16.97

12.23

11.64

Walsin Lihwa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.78	2.52	2.23	2.43	2.50

Competitive Comparison of Walsin Lihwa's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Walsin Lihwa'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.

Walsin Lihwa's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Walsin Lihwa's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Walsin Lihwa's Receivables Turnover falls into.

Walsin Lihwa Receivables Turnover Calculation

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

Walsin Lihwa's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	6074.576	/ (	(564.23	+	479.706)	/	2 )
=	6074.576	/	521.968
=	11.64

Walsin Lihwa's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1279.481	/ (	(479.706	+	542.493)	/	2 )
=	1279.481	/	511.0995
=	2.50

Walsin Lihwa (LUX:WLSRS) 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.

Walsin Lihwa Receivables Turnover Related Terms

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Walsin Lihwa (LUX:WLSRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Walsin Lihwa Corp (LUX:WLSRS) » Definitions » Receivables Turnover

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1605:Taiwan

Address

No. 1, Songzhi Road, 25th Floor, Taipei, TWN, 11047

Website

https://www.walsin.com

Walsin Lihwa Corp is a producer of cables, steel, and wires. The company operating segments include Wires and cables, Stainless steel, Resource, Real estate, and Administration and investing. Wires and cables products include copper rods, wires, connectors and components which are sold to industries involving cables and wires, communications cable, heavy electronics, home electrical appliances, and construction. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from Asia and also has a presence in the United States of America, Europe, and Others countries.

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