WE & WIN Development Co (TPE:2537) Receivables Turnover : 27.37 (As of Jun. 2024)

View and export this data going back to 1996. Start your Free Trial

What is WE & WIN Development 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. WE & WIN Development Co's Revenue for the three months ended in Jun. 2024 was NT$904 Mil. WE & WIN Development Co's average Accounts Receivable for the three months ended in Jun. 2024 was NT$33 Mil. Hence, WE & WIN Development Co's Receivables Turnover for the three months ended in Jun. 2024 was 27.37.

WE & WIN Development Co Receivables Turnover Historical Data

The historical data trend for WE & WIN Development 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.

* Premium members only.

WE & WIN Development Co Receivables Turnover Chart

WE & WIN Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1,966.84

9,169.79

998.24

672.94

1,552.92

WE & WIN Development Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															17.61	42.12	3,709.82	14.25	27.37

Competitive Comparison of WE & WIN Development Co's Receivables Turnover

For the Real Estate - Development subindustry, WE & WIN Development 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.

WE & WIN Development Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, WE & WIN Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where WE & WIN Development Co's Receivables Turnover falls into.

WE & WIN Development Co Receivables Turnover Calculation

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

WE & WIN Development 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 )
=	545.85	/ (	(0.635	+	0.068)	/	2 )
=	545.85	/	0.3515
=	1,552.92

WE & WIN Development Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	904.296	/ (	(46.576	+	19.509)	/	2 )
=	904.296	/	33.0425
=	27.37

WE & WIN Development Co (TPE:2537) 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.

WE & WIN Development Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of WE & WIN Development Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

WE & WIN Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WE & WIN Development Co Ltd (TPE:2537) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Zhongxiao E. Road, 36th Floor, No.68, Sec. 5, Xinyi District, Taipei, TWN, 110060

Website

https://www.5v.com.tw

WE & WIN Development Co Ltd is engaged in business projects which are residential and building development, leasing and sales, real estate trading, and computer equipment installation.

WE & WIN Development Co Headlines

No Headlines