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. Wave Sync's Revenue for the
three
months ended in Mar. 2022 was $0.79 Mil. Wave Sync's average Accounts Receivable for the
three
months ended in Mar. 2022 was $0.07 Mil.
Hence, Wave Sync's Receivables Turnover for the
three
months ended in Mar. 2022 was 11.19.
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.
Wave Sync Receivables Turnover Related Terms
Wave Sync Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Wave Sync'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.
WAYS vs GWII, CNTQ, PNAC: Receivables Turnover Comparison
For the Shell Companies subindustry, Wave Sync'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.
Wave Sync Receivables Turnover vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Wave Sync's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Wave Sync's Receivables Turnover falls into.
* 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.
Wave Sync (WAYS) has a Receivables Turnover of 11.19 as of Mar. 2022. The accounts 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. View historical data on Wave Sync and its competitors.
Is Wave Sync's Receivables Turnover too high?
Wave Sync's current Receivables Turnover is 11.19. The Diversified Financial Services industry median Receivables Turnover is 4.96. Wave Sync's value of 11.19 is 125.6% above this industry median. Overall, Wave Sync has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wave Sync's Receivables Turnover compare to GWII and CNTQ?
Wave Sync's Receivables Turnover of 11.19 can be compared against companies in the Diversified Financial Services industry. The industry median Receivables Turnover is 4.96. Wave Sync's value of 11.19 is 125.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 4.96, based on 74 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wave Sync's current Receivables Turnover of 11.19 is 125.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Wave Sync and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Sync's current Receivables Turnover is 11.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Sync stock overvalued right now?
Wave Sync (WAYS) has a current Receivables Turnover of 11.19. The current Receivables Turnover is 11.19 and 125.6% above the Diversified Financial Services industry median of 4.96. Wave Sync's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Wave Sync (WAYS), the current Receivables Turnover is 11.19 as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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