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. WANG & LEE Group's Revenue for the
six
months ended in Dec. 2024 was $2.07 Mil. WANG & LEE Group's average Accounts Receivable for the
six
months ended in Dec. 2024 was $2.72 Mil.
Hence, WANG & LEE Group's Receivables Turnover for the
six
months ended in Dec. 2024 was 0.76.
WANG & LEE Group (OTCPK:WLGSF) 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.
WANG & LEE Group Receivables Turnover Related Terms
WANG & LEE Group Receivables Turnover Historical Data
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The historical data trend for WANG & LEE Group'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.
WLGSF vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, WANG & LEE Group'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.
WANG & LEE Group Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, WANG & LEE Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where WANG & LEE Group'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.
WANG & LEE Group (WLGSF) has a Receivables Turnover of 0.76 as of Dec. 2024. 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 WANG & LEE Group and its competitors.
Is WANG & LEE Group's Receivables Turnover too high?
WANG & LEE Group's current Receivables Turnover is 0.76. The Construction industry median Receivables Turnover is 4.76. WANG & LEE Group's value of 0.76 is 84% below this industry median.
How does WANG & LEE Group's Receivables Turnover compare to PWR and FIX?
WANG & LEE Group's Receivables Turnover of 0.76 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.76. WANG & LEE Group's value of 0.76 is 84% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.76, based on 1,761 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. WANG & LEE Group's current Receivables Turnover of 0.76 is 84% 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 WANG & LEE Group and its competitors. For the Construction industry, the median Receivables Turnover is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WANG & LEE Group's current Receivables Turnover is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Receivables Turnover of 0.76. The current Receivables Turnover is 0.76 and 84% below the Construction industry median of 4.76. 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 WANG & LEE Group (WLGSF), the current Receivables Turnover is 0.76 as of Dec. 2024. 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.
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.
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