GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » WH Smith PLC (OTCPK:WHTPF) » Definitions » Receivables Turnover

WH Smith (WH Smith) Receivables Turnover : 10.50 (As of Feb. 2024)


View and export this data going back to 2008. Start your Free Trial

What is WH Smith 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. WH Smith's Revenue for the six months ended in Feb. 2024 was $1,169 Mil. WH Smith's average Accounts Receivable for the six months ended in Feb. 2024 was $111 Mil. Hence, WH Smith's Receivables Turnover for the six months ended in Feb. 2024 was 10.50.


WH Smith Receivables Turnover Historical Data

The historical data trend for WH Smith'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.

WH Smith Receivables Turnover Chart

WH Smith Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.66 38.18 38.56 32.64 29.46

WH Smith Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 16.55 14.24 11.73 12.17 10.50

Competitive Comparison of WH Smith's Receivables Turnover

For the Specialty Retail subindustry, WH Smith'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.


WH Smith's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, WH Smith's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where WH Smith's Receivables Turnover falls into.



WH Smith Receivables Turnover Calculation

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

WH Smith's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=2278.272 / ((68.263 + 86.404) / 2 )
=2278.272 / 77.3335
=29.46

WH Smith's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Aug. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=1169.192 / ((86.404 + 136.364) / 2 )
=1169.192 / 111.384
=10.50

* 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.


WH Smith  (OTCPK:WHTPF) 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.


WH Smith Receivables Turnover Related Terms

Thank you for viewing the detailed overview of WH Smith's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


WH Smith (WH Smith) Business Description

Traded in Other Exchanges
Address
Greenbridge Road, Swindon, Wiltshire, GBR, SN3 3RX
WH Smith PLC is a U.K. retailer selling a wide range of products. Its two core business segments are travel and high street. WHSmith's travel stores offer products such as food, drink, publications, books, and tech accessories and other products to travelers. This segment operates predominantly in airports, railway stations, hospitals, and workplaces across Europe, Australia, the Middle East, Southeast Asia, and India. The high street segment operates stores in the United Kingdom, predominantly on the U.K. high street. The high street segment sells products into the following categories: stationery, books, newspapers, magazines, and confectionery. WH Smith also has an online retail business that sells a range of books, stationery, magazines, and gifts through its websites.

WH Smith (WH Smith) Headlines