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W H Ireland Group (LSE:WHI) Receivables Turnover : 3.99 (As of Sep. 2023)


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What is W H Ireland 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. W H Ireland Group's Revenue for the six months ended in Sep. 2023 was £10.72 Mil. W H Ireland Group's average Accounts Receivable for the six months ended in Sep. 2023 was £2.69 Mil. Hence, W H Ireland Group's Receivables Turnover for the six months ended in Sep. 2023 was 3.99.


W H Ireland Group Receivables Turnover Historical Data

The historical data trend for W H Ireland 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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W H Ireland Group Receivables Turnover Chart

W H Ireland Group Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 13.23 22.94 30.91 38.29

W H Ireland Group Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.87 4.70 4.34 3.83 3.99

Competitive Comparison of W H Ireland Group's Receivables Turnover

For the Capital Markets subindustry, W H Ireland 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.


W H Ireland Group's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, W H Ireland Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where W H Ireland Group's Receivables Turnover falls into.



W H Ireland Group Receivables Turnover Calculation

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

W H Ireland Group's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=26.688 / ((0.751 + 0.643) / 2 )
=26.688 / 0.697
=38.29

W H Ireland Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=10.723 / ((0.643 + 4.732) / 2 )
=10.723 / 2.6875
=3.99

* 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.


W H Ireland Group  (LSE:WHI) 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.


W H Ireland Group Receivables Turnover Related Terms

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W H Ireland Group (LSE:WHI) Business Description

Traded in Other Exchanges
N/A
Address
24 Martin Lane, London, GBR, EC4R 0DR
W H Ireland Group PLC is a financial service company based in the United Kingdom. The company's operating segment includes Wealth Management and Capital Markets and Others. It generates maximum revenue from the Wealth Management segment. The Wealth Management division offers investment management advice and services. The capital markets division provides corporate finance and corporate broking advice and services to companies It serves individuals, corporates, trustees, funds, and institutional clients.

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