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Williams Grand Prix Holdings (XTER:WGF1) Receivables Turnover : 0.59 (As of Dec. 2019)


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What is Williams Grand Prix Holdings 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. Williams Grand Prix Holdings's Revenue for the six months ended in Dec. 2019 was €22.2 Mil. Williams Grand Prix Holdings's average Accounts Receivable for the six months ended in Dec. 2019 was €37.9 Mil. Hence, Williams Grand Prix Holdings's Receivables Turnover for the six months ended in Dec. 2019 was 0.59.


Williams Grand Prix Holdings Receivables Turnover Historical Data

The historical data trend for Williams Grand Prix 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.

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Williams Grand Prix Holdings Receivables Turnover Chart

Williams Grand Prix Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 5.44 5.70 6.99 6.74

Williams Grand Prix Holdings Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 2.08 2.37 1.56 2.34 0.59

Competitive Comparison of Williams Grand Prix Holdings's Receivables Turnover

For the Leisure subindustry, Williams Grand Prix 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.


Williams Grand Prix Holdings's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Williams Grand Prix Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Williams Grand Prix Holdings's Receivables Turnover falls into.



Williams Grand Prix Holdings Receivables Turnover Calculation

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

Williams Grand Prix Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=113.888 / ((16.23 + 17.584) / 2 )
=113.888 / 16.907
=6.74

Williams Grand Prix Holdings's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Jun. 2019 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=22.178 / ((58.206 + 17.584) / 2 )
=22.178 / 37.895
=0.59

* 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.


Williams Grand Prix Holdings  (XTER:WGF1) 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.


Williams Grand Prix Holdings Receivables Turnover Related Terms

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Williams Grand Prix Holdings (XTER:WGF1) Business Description

Traded in Other Exchanges
N/A
Address
Grove, Wantage, Oxfordshire, GBR, OX12 0DQ
Williams Grand Prix Holdings PLC is the United States-based holding company. Its operations include the design, manufacture, and entry of race cars for the Formula One World Championship. Its segments include Formula One and Other. It is involved in sponsorship, commercial rights, and engineering services. The major part of its revenue is derived from Formula One segment.

Williams Grand Prix Holdings (XTER:WGF1) Headlines

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