GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Macau Ltd (OTCPK:WYNMF) » Definitions » Receivables Turnover

Wynn Macau (Wynn Macau) Receivables Turnover : 18.96 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Wynn Macau 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. Wynn Macau's Revenue for the six months ended in Dec. 2023 was $1,732 Mil. Wynn Macau's average Accounts Receivable for the six months ended in Dec. 2023 was $91 Mil. Hence, Wynn Macau's Receivables Turnover for the six months ended in Dec. 2023 was 18.96.


Wynn Macau Receivables Turnover Historical Data

The historical data trend for Wynn Macau'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.

Wynn Macau Receivables Turnover Chart

Wynn Macau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.89 5.86 12.67 8.45 35.60

Wynn Macau Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.99 4.62 4.17 18.51 18.96

Competitive Comparison of Wynn Macau's Receivables Turnover

For the Resorts & Casinos subindustry, Wynn Macau'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.


Wynn Macau's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Macau's Receivables Turnover distribution charts can be found below:

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



Wynn Macau Receivables Turnover Calculation

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

Wynn Macau'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 )
=3107.396 / ((69.958 + 104.635) / 2 )
=3107.396 / 87.2965
=35.60

Wynn Macau's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1732.378 / ((78.143 + 104.635) / 2 )
=1732.378 / 91.389
=18.96

* 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.


Wynn Macau  (OTCPK:WYNMF) 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.


Wynn Macau Receivables Turnover Related Terms

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


Wynn Macau (Wynn Macau) Business Description

Traded in Other Exchanges
Address
Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC
Wynn Macau operates integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn a high-end iconic brand. Wynn Resorts has a 72% stake in Wynn Macau.

Wynn Macau (Wynn Macau) Headlines

From GuruFocus

David Winters Comments on Wynn Macau Ltd

By Grass Hopper Grass Hopper 03-05-2014

Baron Funds Comments on Wynn Macau Ltd.

By Holly LaFon 02-21-2014

Baron Funds Comments on Wynn Macau Ltd.

By Holly LaFon 02-24-2014

David Herro Comments on Wynn Macau

By Sydnee Gatewood 10-12-2021

David Herro Comments on Wynn Macau

By Sydnee Gatewood Sydnee Gatewood 04-08-2020