Westfield Trust (ASX:WFT) Receivables Turnover: 0.00 (As of Dec. 2003)


What is Westfield Trust Receivables Turnover?

Westfield Trust ASX:WFT Receivables Turnover is 0.00 as of Dec. 2003.

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. Westfield Trust's Revenue for the six months ended in Dec. 2003 was A$1,915.30 Mil. Westfield Trust's average Accounts Receivable for the six months ended in Dec. 2003 was A$0.00 Mil.

Westfield Trust  (ASX:WFT) 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.

Westfield Trust Receivables Turnover Related Terms

Westfield Trust Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Westfield Trust'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.

Westfield Trust Receivables Turnover Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Westfield Trust Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, Westfield Trust'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.

Westfield Trust Receivables Turnover vs Real Estate Industry

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

* The bar in red indicates where Westfield Trust's Receivables Turnover falls into.


Westfield Trust Receivables Turnover Calculation

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

Westfield Trust's Receivables Turnover for the fiscal year that ended in Dec. 2002 is calculated as

Receivables Turnover (A: Dec. 2002 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2002 ) / ((Accounts Receivable (A: Dec. 2001 ) + Accounts Receivable (A: Dec. 2002 )) / count )
=891.8 / ((0 + 0) / 1 )
=891.8 / 0
=N/A

Westfield Trust's Receivables Turnover for the quarter that ended in Dec. 2003 is calculated as

Receivables Turnover (Q: Dec. 2003 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2003 ) / ((Accounts Receivable (Q: Dec. 2002 ) + Accounts Receivable (Q: Dec. 2003 )) / count )
=1915.301 / ((0 + 0) / 1 )
=1915.301 / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Westfield Trust (ASX:WFT) has a Receivables Turnover of 0.00 as of Dec. 2003. The accounts 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. View historical data on Westfield Trust and its competitors.
Is Westfield Trust's Receivables Turnover too high?
Westfield Trust's current Receivables Turnover is 0.00.
How does Westfield Trust's Receivables Turnover compare to competitors?
Westfield Trust's Receivables Turnover of 0.00 can be compared against companies in the Real Estate industry. The industry median Receivables Turnover is 10.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.71, based on 1,668 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Westfield Trust and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westfield Trust's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westfield Trust stock overvalued right now?
Westfield Trust (ASX:WFT) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Westfield Trust (ASX:WFT), the current Receivables Turnover is 0.00 as of Dec. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westfield Trust Business Description

Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.