Highway Capital (LSE:HWC) Receivables Turnover: 0.00 (As of Feb. 2023)

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What is Highway Capital Receivables Turnover?

Highway Capital LSE:HWC Receivables Turnover is 0.00 as of Feb. 2023.

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. Highway Capital's Revenue for the six months ended in Feb. 2023 was £0.00 Mil. Highway Capital's average Accounts Receivable for the six months ended in Feb. 2023 was £0.01 Mil.


Highway Capital  (LSE:HWC) 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.


Highway Capital Receivables Turnover Related Terms


Highway Capital Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Highway Capital'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.

Highway Capital Receivables Turnover Chart

Highway Capital Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Highway Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24
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 0.00 0.00 0.00 0.00 0.00

LSE:HWC vs HON, MMM, IEP: Receivables Turnover Comparison

For the Conglomerates subindustry, Highway Capital'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.


Highway Capital Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Highway Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Highway Capital's Receivables Turnover falls into.



Highway Capital Receivables Turnover Calculation

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

Highway Capital's Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Receivables Turnover (A: Feb. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Feb. 2023 ) / ((Accounts Receivable (A: Feb. 2022 ) + Accounts Receivable (A: Feb. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Highway Capital's Receivables Turnover for the quarter that ended in Feb. 2023 is calculated as

Receivables Turnover (Q: Feb. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2023 ) / ((Accounts Receivable (Q: Aug. 2022 ) + Accounts Receivable (Q: Feb. 2023 )) / count )
=0 / ((0.007 + 0) / 1 )
=0 / 0.007
=N/A

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Highway Capital (LSE:HWC) has a Receivables Turnover of 0.00 as of Feb. 2023. 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 Highway Capital and its competitors.
Is Highway Capital's Receivables Turnover too high?
Highway Capital's current Receivables Turnover is 0.00.
How does Highway Capital's Receivables Turnover compare to HON and MMM?
Highway Capital's Receivables Turnover of 0.00 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.31. 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 a Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 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. 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 Highway Capital and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Capital's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Capital stock overvalued right now?
Highway Capital (LSE:HWC) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Highway Capital (LSE:HWC), the current Receivables Turnover is 0.00 as of Feb. 2023. 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.

Highway Capital Business Description

Address Reynolds Road, Eden House, Beaconsfield, Buckinghamshire, GBR, HP9 2FL
Highway Capital PLC is a United Kingdom-based company. The company focuses on investing in or acquiring undervalued companies with either strong asset backing or opportunities, which possess high barriers to entry.