Wall Financial (TSX:WFC) Receivables Turnover : 2.57 (As of Jan. 2024)

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What is Wall Financial 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. Wall Financial's Revenue for the three months ended in Jan. 2024 was C$32.6 Mil. Wall Financial's average Accounts Receivable for the three months ended in Jan. 2024 was C$12.7 Mil. Hence, Wall Financial's Receivables Turnover for the three months ended in Jan. 2024 was 2.57.

Wall Financial Receivables Turnover Historical Data

The historical data trend for Wall Financial'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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Wall Financial Receivables Turnover Chart

Wall Financial Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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80.65

29.11

32.74

19.52

18.86

Wall Financial 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															3.20	3.27	3.45	2.99	2.57

Competitive Comparison of Wall Financial's Receivables Turnover

For the Real Estate - Development subindustry, Wall Financial'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.

Wall Financial's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wall Financial's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wall Financial's Receivables Turnover falls into.

Wall Financial Receivables Turnover Calculation

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

Wall Financial's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	155.203	/ (	(7.594	+	8.866)	/	2 )
=	155.203	/	8.23
=	18.86

Wall Financial's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	32.592	/ (	(16.541	+	8.866)	/	2 )
=	32.592	/	12.7035
=	2.57

Wall Financial (TSX:WFC) 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.

Wall Financial Receivables Turnover Related Terms

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Wall Financial (TSX:WFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wall Financial Corp (TSX:WFC) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

1010 Burrard Street, Vancouver, BC, CAN, V6Z 2R9

Website

http://www.wallfinancialcorp.ca

Wall Financial Corp is in the development and management of residential rental units, the development and construction of residential housing for resale, and the development and management of hotel properties. It owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. It operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).

Executives

David Eugene Gruber

Director