GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Wynnstay Group PLC (OTCPK:WYNSF) » Definitions » Receivables Turnover

Wynnstay Group (Wynnstay Group) Receivables Turnover : 3.45 (As of Oct. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Wynnstay Group 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. Wynnstay Group's Revenue for the three months ended in Oct. 2023 was $398.0 Mil. Wynnstay Group's average Accounts Receivable for the three months ended in Oct. 2023 was $115.3 Mil. Hence, Wynnstay Group's Receivables Turnover for the three months ended in Oct. 2023 was 3.45.


Wynnstay Group Receivables Turnover Historical Data

The historical data trend for Wynnstay 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.

* Premium members only.

Wynnstay Group Receivables Turnover Chart

Wynnstay Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.49 7.60 8.27 7.93 8.84

Wynnstay Group Quarterly Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 3.42 3.78 3.55 4.20 3.45

Competitive Comparison of Wynnstay Group's Receivables Turnover

For the Agricultural Inputs subindustry, Wynnstay 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.


Wynnstay Group's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Wynnstay Group's Receivables Turnover distribution charts can be found below:

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



Wynnstay Group Receivables Turnover Calculation

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

Wynnstay Group's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Receivables Turnover (A: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2023 ) / ((Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count )
=896.318 / ((107.509 + 95.3) / 2 )
=896.318 / 101.4045
=8.84

Wynnstay Group's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

Receivables Turnover (Q: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2023 ) / ((Accounts Receivable (Q: Apr. 2023 ) + Accounts Receivable (Q: Oct. 2023 )) / count )
=397.976 / ((135.38 + 95.3) / 2 )
=397.976 / 115.34
=3.45

* 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.


Wynnstay Group  (OTCPK:WYNSF) 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.


Wynnstay Group Receivables Turnover Related Terms

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


Wynnstay Group (Wynnstay Group) Business Description

Traded in Other Exchanges
Address
Eagle House, Llansantffraid Ym Mechain, Powys, GBR, SY22 6AQ
Wynnstay Group PLC is a company that operates in the agriculture sector. It provides to farmers and rural communities, with a wide range of agricultural supplies and know-how. The company operates in two business segments, the Agriculture Division manufactures and supplies a comprehensive range of agricultural inputs to livestock and arable farmers in the UK. The Division enhances its offering by providing advice through its specialist advisory teams and Specialist Agricultural Merchanting, which supplies a range of specialist products to farmers, smallholders, pet owners; and Others. It generates maximum revenue from the Agriculture segment.

Wynnstay Group (Wynnstay Group) Headlines

From GuruFocus

Full Year 2022 Wynnstay Group PLC Earnings Call Transcript

By GuruFocus Research 03-27-2024

Half Year 2023 Wynnstay Group PLC Earnings Call Transcript

By GuruFocus Research 03-27-2024