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Seven West Media (Seven West Media) Receivables Turnover : 3.31 (As of Dec. 2023)


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What is Seven West Media 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. Seven West Media's Revenue for the six months ended in Dec. 2023 was $508.2 Mil. Seven West Media's average Accounts Receivable for the six months ended in Dec. 2023 was $153.4 Mil. Hence, Seven West Media's Receivables Turnover for the six months ended in Dec. 2023 was 3.31.


Seven West Media Receivables Turnover Historical Data

The historical data trend for Seven West Media'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.

* Premium members only.

Seven West Media Receivables Turnover Chart

Seven West Media Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.17 5.48 6.84 6.38 5.96

Seven West Media 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.49 3.03 3.45 2.81 3.31

Competitive Comparison of Seven West Media's Receivables Turnover

For the Entertainment subindustry, Seven West Media'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.


Seven West Media's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Seven West Media's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Seven West Media's Receivables Turnover falls into.



Seven West Media Receivables Turnover Calculation

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

Seven West Media'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 )
=977.983 / ((164.273 + 163.72) / 2 )
=977.983 / 163.9965
=5.96

Seven West Media'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 )
=508.159 / ((163.72 + 143.023) / 2 )
=508.159 / 153.3715
=3.31

* 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.


Seven West Media  (OTCPK:WANHY) 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.


Seven West Media Receivables Turnover Related Terms

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Seven West Media (Seven West Media) Business Description

Traded in Other Exchanges
Address
50 Hasler Road, Osborne Park, Newspaper House, Perth, WA, AUS, 6017
Seven West Media operates Seven Network, a free-to-air television network spread across five capital cities, as well as many regional markets via Prime. It also owns most of the newspapers circulating in Western Australia (including the monopoly Perth, West Australian Newspapers). In the Australian online space, it operates broadcast on demand, or BVOD, service called 7plus.

Seven West Media (Seven West Media) Headlines

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