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Wolfson Microelectronics (LSE:WLF) Receivables Turnover : 1.12 (As of Mar. 2014)


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What is Wolfson Microelectronics 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. Wolfson Microelectronics's Revenue for the three months ended in Mar. 2014 was £17.34 Mil. Wolfson Microelectronics's average Accounts Receivable for the three months ended in Mar. 2014 was £15.54 Mil. Hence, Wolfson Microelectronics's Receivables Turnover for the three months ended in Mar. 2014 was 1.12.


Wolfson Microelectronics Receivables Turnover Historical Data

The historical data trend for Wolfson Microelectronics'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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Wolfson Microelectronics Receivables Turnover Chart

Wolfson Microelectronics Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.33 9.26 10.17 6.72 5.99

Wolfson Microelectronics Quarterly Data
Mar09 Jun09 Sep09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 1.52 - - 1.65 1.12

Competitive Comparison of Wolfson Microelectronics's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Wolfson Microelectronics'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.


Wolfson Microelectronics's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wolfson Microelectronics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wolfson Microelectronics's Receivables Turnover falls into.



Wolfson Microelectronics Receivables Turnover Calculation

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

Wolfson Microelectronics's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=109.456 / ((21.014 + 15.535) / 2 )
=109.456 / 18.2745
=5.99

Wolfson Microelectronics's Receivables Turnover for the quarter that ended in Mar. 2014 is calculated as

Receivables Turnover (Q: Mar. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2014 ) / ((Accounts Receivable (Q: Dec. 2013 ) + Accounts Receivable (Q: Mar. 2014 )) / count )
=17.341 / ((15.535 + 0) / 1 )
=17.341 / 15.535
=1.12

* 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.


Wolfson Microelectronics  (LSE:WLF) 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.


Wolfson Microelectronics Receivables Turnover Related Terms

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Wolfson Microelectronics (LSE:WLF) Business Description

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Wolfson Microelectronics PLC supplies high performance mixed-signal semiconductors to the consumer electronics market. The company's two segments are Audio Hubs and Discrete and Power Products. Audio Hubs includes the supply and sale of Audio Hubs high performance audio integrated circuit solutions. Discrete and Power Products includes the supply and sale of integrated circuits which are discrete components. The company operates in Japan, Asia Pacific, Americas and Europe.

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