Wilh. Wilhelmsen Holding ASA (OSL:WWI) Receivables Turnover : 1.11 (As of Mar. 2024)

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What is Wilh. Wilhelmsen Holding ASA 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. Wilh. Wilhelmsen Holding ASA's Revenue for the three months ended in Mar. 2024 was kr2,812 Mil. Wilh. Wilhelmsen Holding ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr2,532 Mil. Hence, Wilh. Wilhelmsen Holding ASA's Receivables Turnover for the three months ended in Mar. 2024 was 1.11.

Wilh. Wilhelmsen Holding ASA Receivables Turnover Historical Data

The historical data trend for Wilh. Wilhelmsen Holding ASA'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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Wilh. Wilhelmsen Holding ASA Receivables Turnover Chart

Wilh. Wilhelmsen Holding ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.70

3.84

4.81

4.56

4.41

Wilh. Wilhelmsen Holding ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.16	-	-	1.05	1.11

Competitive Comparison of Wilh. Wilhelmsen Holding ASA's Receivables Turnover

For the Marine Shipping subindustry, Wilh. Wilhelmsen Holding ASA'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.

Wilh. Wilhelmsen Holding ASA's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wilh. Wilhelmsen Holding ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wilh. Wilhelmsen Holding ASA's Receivables Turnover falls into.

Wilh. Wilhelmsen Holding ASA Receivables Turnover Calculation

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

Wilh. Wilhelmsen Holding ASA'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 )
=	10844.783	/ (	(2381.104	+	2531.856)	/	2 )
=	10844.783	/	2456.48
=	4.41

Wilh. Wilhelmsen Holding ASA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2812.206	/ (	(2531.856	+	0)	/	1 )
=	2812.206	/	2531.856
=	1.11

Wilh. Wilhelmsen Holding ASA (OSL:WWI) 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.

Wilh. Wilhelmsen Holding ASA Receivables Turnover Related Terms

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Wilh. Wilhelmsen Holding ASA (OSL:WWI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wilh. Wilhelmsen Holding ASA (OSL:WWI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

WWIO:Sweden WWIBO:Sweden WWIB:Norway WML1:Germany

Address

Strandveien 20, Lysaker, NOR, NO-1366

Website

https://www.wilhelmsen.com

Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all major vessel types, through a worldwide network of approximately 239 offices in 60 countries. The group has a business presence in Europe, Oceania, America, and Asia and Africa.

Wilh. Wilhelmsen Holding ASA (OSL:WWI) Headlines

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