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Wise Energy (WAR:FMG) Receivables Turnover : 1.46 (As of Dec. 2024)


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What is Wise Energy 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. Wise Energy's Revenue for the three months ended in Dec. 2024 was zł36.6 Mil. Wise Energy's average Accounts Receivable for the three months ended in Dec. 2024 was zł25.2 Mil. Hence, Wise Energy's Receivables Turnover for the three months ended in Dec. 2024 was 1.46.


Wise Energy Receivables Turnover Historical Data

The historical data trend for Wise Energy'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.

Wise Energy Receivables Turnover Chart

Wise Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.06 1.69 4.83 2.74 6.94

Wise Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.06 1.25 1.37 1.35 1.46

Competitive Comparison of Wise Energy's Receivables Turnover

For the Asset Management subindustry, Wise Energy'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.


Wise Energy's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Wise Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wise Energy's Receivables Turnover falls into.


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Wise Energy Receivables Turnover Calculation

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

Wise Energy's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=141.725 / ((14.842 + 26.005) / 2 )
=141.725 / 20.4235
=6.94

Wise Energy's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=36.635 / ((24.318 + 26.005) / 2 )
=36.635 / 25.1615
=1.46

* 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.


Wise Energy  (WAR:FMG) 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.


Wise Energy Receivables Turnover Related Terms

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Wise Energy Business Description

Traded in Other Exchanges
N/A
Address
Ulica Adama Naruszewicza 27 lok. 101, Warsaw, POL, 02-627
Wise Energy SA, formerly One SA is engaged in the management of companies under management contracts, creating and managing their offer, planning and implementation of strategies, an organization of financing development projects and supervision over ongoing investments. The revenues include management fees, considering the costs of currently implemented projects for supported clients and companies.

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