Wizz Air Holdings (CHIX:WIZZL) Receivables Turnover : 4.45 (As of Dec. 2023)

Wizz Air Holdings Receivables Turnover Chart

Wizz Air Holdings Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover		Get a 7-Day Free Trial					27.19	9.83	20.65	23.97	11.14

Wizz Air Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															7.75	5.08	3.38	4.45	-

Competitive Comparison of Wizz Air Holdings's Receivables Turnover

For the Airlines subindustry, Wizz Air 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.

Wizz Air Holdings's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wizz Air Holdings's Receivables Turnover distribution charts can be found below:

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

Wizz Air Holdings Receivables Turnover Calculation

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

Wizz Air Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Wizz Air Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

Wizz Air Holdings  (CHIX:WIZZl) 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.

Wizz Air Holdings Receivables Turnover Related Terms

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Wizz Air Holdings (CHIX:WIZZL) Business Description