Woolworths Holdings (Woolworths Holdings) Receivables Turnover : 20.66 (As of Dec. 2023)

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What is Woolworths 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. Woolworths Holdings's Revenue for the six months ended in Dec. 2023 was $2,015 Mil. Woolworths Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $98 Mil. Hence, Woolworths Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 20.66.

Woolworths Holdings Receivables Turnover Historical Data

The historical data trend for Woolworths 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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Woolworths Holdings Receivables Turnover Chart

Woolworths Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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56.90

44.53

51.97

41.44

39.42

Woolworths 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															18.87	18.62	17.59	18.13	20.66

Competitive Comparison of Woolworths Holdings's Receivables Turnover

For the Department Stores subindustry, Woolworths 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.

Woolworths Holdings's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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

Woolworths Holdings Receivables Turnover Calculation

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

Woolworths 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 )
=	3855.256	/ (	(107.687	+	87.918)	/	2 )
=	3855.256	/	97.8025
=	39.42

Woolworths 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 )
=	2014.512	/ (	(87.918	+	107.123)	/	2 )
=	2014.512	/	97.5205
=	20.66

Woolworths Holdings (OTCPK:WLWHY) 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.

Woolworths Holdings Receivables Turnover Related Terms

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Woolworths Holdings (Woolworths Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Woolworths Holdings Ltd (OTCPK:WLWHY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

WHL:South Africa WN3:Germany

Address

93 Longmarket Street, Woolworths House, Cape Town, WC, ZAF, 8001

Website

https://www.woolworthsholdings.co.za

Woolworths Holdings Ltd is a South Africa-based retail group. Forty percent of revenue (including concession sales) is generated in Australasia. The group has three main operating divisions: Woolworths South Africa, based in South Africa and operating across 11 countries in sub-Saharan Africa, and David Jones and Country Road Group, both based in Australia. Woolworths Financial Services is a joint venture between Woolworths and Barclays Africa Group; Barclays is supervising the credit policy, risk, and funding aspects, while Woolworths is leading the customer integration.

Woolworths Holdings (Woolworths Holdings) Headlines

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