WEBC (Webco Industries) Receivables Turnover: 9.48 (As of Jul. 2023)

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WEBC Webco Industries Inc WEBC
12 GF Score
Price $325.00
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What is Webco Industries Receivables Turnover?

Webco Industries WEBC 12 Receivables Turnover is 9.48 as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

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. Webco Industries's Revenue for the six months ended in Jul. 2023 was $686.9 Mil. Webco Industries's average Accounts Receivable for the six months ended in Jul. 2023 was $72.5 Mil. Hence, Webco Industries's Receivables Turnover for the six months ended in Jul. 2023 was 9.48.


Webco Industries  (OTCPK:WEBC) 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.


Webco Industries Receivables Turnover Related Terms


Webco Industries Receivables Turnover Historical Data

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The historical data trend for Webco Industries'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.

Webco Industries Receivables Turnover Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.74 8.18 8.29 7.73 9.48

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 9.74 8.18 8.29 7.73 9.48

WEBC vs ACNT, FRD, LUD: Receivables Turnover Comparison

For the Steel subindustry, Webco Industries'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.


Webco Industries Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Webco Industries's Receivables Turnover falls into.


WEBC
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Webco Industries Inc WEBC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Webco Industries Receivables Turnover Calculation

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

Webco Industries's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Receivables Turnover (A: Jul. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jul. 2023 ) / ((Accounts Receivable (A: Jul. 2018 ) + Accounts Receivable (A: Jul. 2023 )) / count )
=686.916 / ((76.483 + 68.478) / 2 )
=686.916 / 72.4805
=9.48

Webco Industries's Receivables Turnover for the quarter that ended in Jul. 2023 is calculated as

Receivables Turnover (Q: Jul. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jul. 2023 ) / ((Accounts Receivable (Q: Jul. 2018 ) + Accounts Receivable (Q: Jul. 2023 )) / count )
=686.916 / ((76.483 + 68.478) / 2 )
=686.916 / 72.4805
=9.48

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 9.48 mean?
Webco Industries (WEBC) has a Receivables Turnover of 9.48 as of Jul. 2023. 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 Webco Industries and its competitors.
Is Webco Industries' Receivables Turnover too high?
Webco Industries' current Receivables Turnover is 9.48. The Steel industry median Receivables Turnover is 7.13. Webco Industries' value of 9.48 is 33% above this industry median. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Webco Industries' Receivables Turnover compare to ACNT and FRD?
Webco Industries' Receivables Turnover of 9.48 can be compared against companies in the Steel industry. The industry median Receivables Turnover is 7.13. Webco Industries' value of 9.48 is 33% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.13, based on 605 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. Webco Industries's current Receivables Turnover of 9.48 is 33% 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 Webco Industries and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webco Industries's current Receivables Turnover is 9.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webco Industries stock overvalued right now?
Webco Industries (WEBC) has a current Receivables Turnover of 9.48. The current Receivables Turnover is 9.48 and 33% above the Steel industry median of 7.13. Webco Industries' 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 Webco Industries (WEBC), the current Receivables Turnover is 9.48 as of Jul. 2023. 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.

Webco Industries Business Description

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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