WELX (Winland Holdings) Receivables Turnover: 2.00 (As of Jun. 2017)

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What is Winland Holdings Receivables Turnover?

Winland Holdings WELX -0.68% Receivables Turnover is 2.00 as of Jun. 2017.

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. Winland Holdings's Revenue for the three months ended in Jun. 2017 was $0.91 Mil. Winland Holdings's average Accounts Receivable for the three months ended in Jun. 2017 was $0.46 Mil. Hence, Winland Holdings's Receivables Turnover for the three months ended in Jun. 2017 was 2.00.


Winland Holdings  (OTCPK:WELX) 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.


Winland Holdings Receivables Turnover Related Terms


Winland Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Winland Holdings'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.

Winland Holdings Receivables Turnover Chart

Winland Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.70 7.10 7.22 7.08 7.70

Winland Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 1.83 1.93 2.09 2.08 2.00

WELX vs TRCK, IMLE, EMRN: Receivables Turnover Comparison

For the Scientific & Technical Instruments subindustry, Winland Holdings'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.


Winland Holdings Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Winland Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Winland Holdings's Receivables Turnover falls into.



Winland Holdings Receivables Turnover Calculation

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

Winland Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=3.562 / ((0.48 + 0.445) / 2 )
=3.562 / 0.4625
=7.70

Winland Holdings's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

Receivables Turnover (Q: Jun. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2017 ) / ((Accounts Receivable (Q: Mar. 2017 ) + Accounts Receivable (Q: Jun. 2017 )) / count )
=0.913 / ((0.477 + 0.438) / 2 )
=0.913 / 0.4575
=2.00

* 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 2.00 mean?
Winland Holdings (WELX) has a Receivables Turnover of 2.00 as of Jun. 2017. 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 Winland Holdings and its competitors.
Is Winland Holdings' Receivables Turnover too high?
Winland Holdings' current Receivables Turnover is 2.00. The Hardware industry median Receivables Turnover is 4.89. Winland Holdings' value of 2.00 is 59.1% below this industry median.
How does Winland Holdings' Receivables Turnover compare to TRCK and IMLE?
Winland Holdings' Receivables Turnover of 2.00 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.89. Winland Holdings' value of 2.00 is 59.1% below 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,470 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. Winland Holdings's current Receivables Turnover of 2.00 is 59.1% below 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 Winland Holdings and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winland Holdings's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winland Holdings stock overvalued right now?
Winland Holdings (WELX) has a current Receivables Turnover of 2.00. The current Receivables Turnover is 2.00 and 59.1% below the Hardware industry median of 4.89. 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 Winland Holdings (WELX), the current Receivables Turnover is 2.00 as of Jun. 2017. 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.

Winland Holdings Business Description

Address 424 North Riverfront Drive, Suite 110, Mankato, MN, USA, 56001
Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.