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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. Western Marine Shipyard's Revenue for the
six
months ended in Jun. 2025 was BDT916.5 Mil. Western Marine Shipyard's average Accounts Receivable for the
six
months ended in Jun. 2025 was BDT2,648.0 Mil.
Hence, Western Marine Shipyard's Receivables Turnover for the
six
months ended in Jun. 2025 was 0.35.
Western Marine Shipyard (DHA:WMSHIPYARD) 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.
Western Marine Shipyard Receivables Turnover Related Terms
Western Marine Shipyard Receivables Turnover Historical Data
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The historical data trend for Western Marine Shipyard'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.
Western Marine Shipyard Receivables Turnover Chart
DHA:WMSHIPYARD vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Western Marine Shipyard'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.
Western Marine Shipyard Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Western Marine Shipyard's Receivables Turnover falls into.
* 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.
Western Marine Shipyard (DHA:WMSHIPYARD) has a Receivables Turnover of 0.35 as of Jun. 2025. 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 Western Marine Shipyard and its competitors. According to the industry distribution chart, Western Marine Shipyard ranks #346 out of 348 companies in the Aerospace & Defense industry, placing it in the top 99.4%.
Is Western Marine Shipyard's Receivables Turnover too high?
Western Marine Shipyard's current Receivables Turnover is 0.35. The Aerospace & Defense industry median Receivables Turnover is 5.64. Western Marine Shipyard's value of 0.35 is 93.8% below this industry median. Based on the distribution chart, Western Marine Shipyard ranks #346 out of 348 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Western Marine Shipyard has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Western Marine Shipyard ranks #346 out of 348 companies for Receivables Turnover. This places Western Marine Shipyard in the lower half of its industry. The industry median Receivables Turnover is 5.64. Western Marine Shipyard's value of 0.35 is 93.8% below this benchmark. 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 348 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. Western Marine Shipyard's current Receivables Turnover of 0.35 is 93.8% below the industry median. 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 Western Marine Shipyard and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Marine Shipyard's current Receivables Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.06, compared to a current price of BDT10.10 — trading 22.7% below its estimated fair value. The current Receivables Turnover is 0.35 and 93.8% below the Aerospace & Defense industry median of 5.64. Western Marine Shipyard's overall GF Score™ is 76/100 with 8 warning signs to review. 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 Western Marine Shipyard (DHA:WMSHIPYARD), the current Receivables Turnover is 0.35 as of Jun. 2025. 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.
Is Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued.
The current stock price of BDT10.10 is trading 22.7% below its estimated GF Value™ of BDT13.06.
GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.
Key valuation signals for DHA:WMSHIPYARD:
Receivables Turnover: 0.35
GF Value™: BDT13.06 vs. price of BDT10.10 (22.7% below fair value)
Industry Position: 93.8% below the Aerospace & Defense median (#346 of 348)
No single metric tells the full story. See the DHA:WMSHIPYARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
76GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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