Warrix Sport PCL (BKK:WARRIX) Receivables Turnover : 1.22 (As of Sep. 2023)

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What is Warrix Sport PCL 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. Warrix Sport PCL's Revenue for the three months ended in Sep. 2023 was ฿325 Mil. Warrix Sport PCL's average Accounts Receivable for the three months ended in Sep. 2023 was ฿268 Mil. Hence, Warrix Sport PCL's Receivables Turnover for the three months ended in Sep. 2023 was 1.22.

Warrix Sport PCL Receivables Turnover Historical Data

The historical data trend for Warrix Sport PCL'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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Warrix Sport PCL Receivables Turnover Chart

Warrix Sport PCL Annual Data

Trend

Dec21

Dec22

Receivables Turnover

5.33

4.89

Warrix Sport PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			1.52	1.47	0.82	0.98	1.22

Competitive Comparison of Warrix Sport PCL's Receivables Turnover

For the Leisure subindustry, Warrix Sport PCL'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.

Warrix Sport PCL's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Warrix Sport PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Warrix Sport PCL's Receivables Turnover falls into.

Warrix Sport PCL Receivables Turnover Calculation

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

Warrix Sport PCL's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	1062.886	/ (	(121.489	+	312.807)	/	2 )
=	1062.886	/	217.148
=	4.89

Warrix Sport PCL's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	325.443	/ (	(226.793	+	308.464)	/	2 )
=	325.443	/	267.6285
=	1.22

Warrix Sport PCL (BKK:WARRIX) 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.

Warrix Sport PCL Receivables Turnover Related Terms

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Warrix Sport PCL (BKK:WARRIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Warrix Sport PCL (BKK:WARRIX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

849/6-8 Stadium One, Rama 6 Road, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.warrix.co.th

Warrix Sport PCL operates its main business as the seller of uniforms, clothing, and sports equipment locally and overseas and operates a physical therapy clinic. The group operates in three segments, Credit selling, online selling, and other segments.

Warrix Sport PCL (BKK:WARRIX) Headlines

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