WRTBY (Wartsila) Receivables Turnover : 0.00 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Wartsila 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. Wartsila's Revenue for the three months ended in Sep. 2024 was $1,907 Mil. Wartsila's average Accounts Receivable for the three months ended in Sep. 2024 was $0 Mil.

Wartsila Receivables Turnover Historical Data

The historical data trend for Wartsila'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.

Wartsila Receivables Turnover Chart

Wartsila Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.16

4.49

5.13

5.76

5.84

Wartsila Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															-	1.66	1.33	-	-

Competitive Comparison of Wartsila's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Wartsila'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.

Wartsila's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wartsila's Receivables Turnover distribution charts can be found below:

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

Wartsila Receivables Turnover Calculation

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

Wartsila's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	6559.433	/ (	(1167.373	+	1080.698)	/	2 )
=	6559.433	/	1124.0355
=	5.84

Wartsila's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	1906.77	/ (	(0	+	0)	/	1 )
=	1906.77	/	0
=	N/A

Wartsila (OTCPK:WRTBY) 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.

Wartsila Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Wartsila's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Wartsila Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wartsila Corp (OTCPK:WRTBY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

WRTBF:USA WRT1Vh:UK 0IKJ:UK WRT1V:Finland MTA:Germany

Address

Hiililaiturinkuja 2, Helsinki, FIN, FI-00180

Website

https://www.wartsila.com

Wärtsilä is a global manufacturer of critical equipment and services for the marine and energy markets with operations in over 70 countries. Approximately one half of the group's sales are derived from the sale of services and spare parts through its network of 258 sales and service network locations. Wärtsilä is listed on the Nasdaq Helsinki exchange in Finland. Approximately 1 in 3 oceangoing vessels has a Wärtsilä solution on board, translating into an installed base of over 50,000 vessels and 10,000 customers.