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Weyerhaeuser Co (LTS:0LWG) Receivables Turnover : 4.29 (As of Sep. 2024)


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What is Weyerhaeuser Co 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. Weyerhaeuser Co's Revenue for the three months ended in Sep. 2024 was $1,681 Mil. Weyerhaeuser Co's average Accounts Receivable for the three months ended in Sep. 2024 was $392 Mil. Hence, Weyerhaeuser Co's Receivables Turnover for the three months ended in Sep. 2024 was 4.29.


Weyerhaeuser Co Receivables Turnover Historical Data

The historical data trend for Weyerhaeuser Co'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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Weyerhaeuser Co Receivables Turnover Chart

Weyerhaeuser Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 19.85 21.32 23.57 21.59

Weyerhaeuser Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.47 4.45 4.73 4.76 4.29

Competitive Comparison of Weyerhaeuser Co's Receivables Turnover

For the REIT - Specialty subindustry, Weyerhaeuser Co'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.


Weyerhaeuser Co's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Weyerhaeuser Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Weyerhaeuser Co's Receivables Turnover falls into.



Weyerhaeuser Co Receivables Turnover Calculation

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

Weyerhaeuser Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=7674 / ((357 + 354) / 2 )
=7674 / 355.5
=21.59

Weyerhaeuser Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1681 / ((410 + 373) / 2 )
=1681 / 391.5
=4.29

* 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.


Weyerhaeuser Co  (LTS:0LWG) 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.


Weyerhaeuser Co Receivables Turnover Related Terms

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Weyerhaeuser Co Business Description

Address
220 Occidental Avenue South, Seattle, WA, USA, 98104-7800
Weyerhaeuser ranks among the world's largest forest product companies. Following the 2016 sale of its pulp business to International Paper, Weyerhaeuser operates three business segments: timberlands, wood products, and real estate. Weyerhaeuser is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. Earnings from its wood products segment are subject to federal income tax. Weyerhaeuser acquired fellow timber REIT Plum Creek in 2016.

Weyerhaeuser Co Headlines

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