Walcom Group (LSE:WALG) Receivables Turnover : 5.31 (As of Jun. 2019)

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What is Walcom 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. Walcom Group's Revenue for the six months ended in Jun. 2019 was £0.88 Mil. Walcom Group's average Accounts Receivable for the six months ended in Jun. 2019 was £0.17 Mil. Hence, Walcom Group's Receivables Turnover for the six months ended in Jun. 2019 was 5.31.

Walcom Group Receivables Turnover Historical Data

The historical data trend for Walcom 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.

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Walcom Group Receivables Turnover Chart

Walcom Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

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7.85

7.00

7.26

4.66

5.22

Walcom Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Receivables Turnover	Get a 7-Day Free Trial															2.52	2.60	2.80	5.65	5.31

Competitive Comparison of Walcom Group's Receivables Turnover

For the Packaged Foods subindustry, Walcom 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.

Walcom Group's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Walcom Group's Receivables Turnover distribution charts can be found below:

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

Walcom Group Receivables Turnover Calculation

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

Walcom Group's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	3.505	/ (	(1.05	+	0.293)	/	2 )
=	3.505	/	0.6715
=	5.22

Walcom Group's Receivables Turnover for the quarter that ended in Jun. 2019 is calculated as

	Receivables Turnover (Q: Jun. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2019 )	/ (	(Accounts Receivable (Q: Dec. 2018 )	+	Accounts Receivable (Q: Jun. 2019 ))	/	count )
=	0.878	/ (	(0.293	+	0.038)	/	2 )
=	0.878	/	0.1655
=	5.31

Walcom Group (LSE:WALG) 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.

Walcom Group Receivables Turnover Related Terms

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Walcom Group (LSE:WALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Walcom Group Ltd (LSE:WALG) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Number 351 Guo Shou Jing Road, Part D, Mingtai Building, ZJ High-tech Park, Shangai, CHN, 201203

Website

http://www.walcomgroup.com

Walcom Group Ltd is an investment holding company engaged in the manufacturing, distribution, and sale of chemical feed and additive products. The company offers products for pigs, poultries, aquatic, cows, and beef cattle and sheeps. Its pig's product includes porcinin plus, and porcimax; poultries include eggronin plus, and avianin plus, and aquatic include aquanin plus. Walcom's operations are located in China, Taiwan, Thailand, Korea and others.

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