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Dewhurst Group (LSE:DWHT) Receivables Turnover : 2.91 (As of Mar. 2024)


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What is Dewhurst Group 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. Dewhurst Group's Revenue for the six months ended in Mar. 2024 was £30.96 Mil. Dewhurst Group's average Accounts Receivable for the six months ended in Mar. 2024 was £10.65 Mil. Hence, Dewhurst Group's Receivables Turnover for the six months ended in Mar. 2024 was 2.91.


Dewhurst Group Receivables Turnover Historical Data

The historical data trend for Dewhurst Group'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.

* Premium members only.

Dewhurst Group Receivables Turnover Chart

Dewhurst Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 5.63 5.98 5.37 5.42

Dewhurst Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.49 2.55 2.50 2.51 2.91

Competitive Comparison of Dewhurst Group's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Dewhurst Group'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.


Dewhurst Group's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dewhurst Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dewhurst Group's Receivables Turnover falls into.



Dewhurst Group Receivables Turnover Calculation

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

Dewhurst Group's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=57.962 / ((11.839 + 9.53) / 2 )
=57.962 / 10.6845
=5.42

Dewhurst Group's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=30.962 / ((9.53 + 11.766) / 2 )
=30.962 / 10.648
=2.91

* 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.


Dewhurst Group  (LSE:DWHT) 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.


Dewhurst Group Receivables Turnover Related Terms

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Dewhurst Group (LSE:DWHT) Business Description

Traded in Other Exchanges
Address
Hampton Road West, Unit 9, Hampton Business Park, Feltham, GBR, TW13 6DB
Dewhurst Group PLC is a UK-based supplier of technological solutions to the lift, transport, and keypad market sectors. It is engaged in the manufacture of electrical components and control equipment for industrial and commercial capital goods. Geographically, it derives a majority of its revenue from Asia and Australia and also has a presence in the United Kingdom, Europe, The Americas, Asia & Australia, and Other Countries.

Dewhurst Group (LSE:DWHT) Headlines

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