Wheelock and Co (HKSE:00020) Receivables Turnover : 42.38 (As of Dec. 2019)

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What is Wheelock and Co 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. Wheelock and Co's Revenue for the six months ended in Dec. 2019 was HK$26,806 Mil. Wheelock and Co's average Accounts Receivable for the six months ended in Dec. 2019 was HK$633 Mil. Hence, Wheelock and Co's Receivables Turnover for the six months ended in Dec. 2019 was 42.38.

Wheelock and Co Receivables Turnover Historical Data

The historical data trend for Wheelock and Co'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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Wheelock and Co Receivables Turnover Chart

Wheelock and Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Receivables Turnover

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51.97

63.47

68.55

45.70

64.86

Wheelock and Co Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Receivables Turnover	Get a 7-Day Free Trial															32.87	17.27	37.95	29.24	42.38

Competitive Comparison of Wheelock and Co's Receivables Turnover

For the Real Estate - Diversified subindustry, Wheelock and Co'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.

Wheelock and Co's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where Wheelock and Co's Receivables Turnover falls into.

Wheelock and Co Receivables Turnover Calculation

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

Wheelock and Co's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Receivables Turnover (A: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2019 )	/ (	(Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )
=	48519	/ (	(858	+	638)	/	2 )
=	48519	/	748
=	64.86

Wheelock and Co's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

	Receivables Turnover (Q: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Dec. 2019 ))	/	count )
=	26806	/ (	(627	+	638)	/	2 )
=	26806	/	632.5
=	42.38

Wheelock and Co (HKSE:00020) 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.

Wheelock and Co Receivables Turnover Related Terms

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Wheelock and Co (HKSE:00020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wheelock and Co Ltd (HKSE:00020) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

20 Pedder Street, 23rd Floor, Wheelock House, Hong Kong, HKG

Website

http://www.wheelockcompany.com

Wheelock and Co Ltd is an investment holding company. The company through its subsidiaries operates through four segments namely Investment property, Development property, Hotels, and Logistics. It manages its diversified businesses according to the nature of services and products provided. The business of the group is functioned through the region of Hong Kong, Mainland China, and Singapore and it derives most of the revenue from Hong Kong as well as from the development segment.

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