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Bellway (LSE:BWY) Receivables Turnover : 25.16 (As of Jan. 2024)


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What is Bellway 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. Bellway's Revenue for the six months ended in Jan. 2024 was £1,273 Mil. Bellway's average Accounts Receivable for the six months ended in Jan. 2024 was £51 Mil. Hence, Bellway's Receivables Turnover for the six months ended in Jan. 2024 was 25.16.


Bellway Receivables Turnover Historical Data

The historical data trend for Bellway'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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Bellway Receivables Turnover Chart

Bellway Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.97 47.70 126.67 109.67 82.99

Bellway Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 27.03 21.66 19.34 18.34 25.16

Competitive Comparison of Bellway's Receivables Turnover

For the Residential Construction subindustry, Bellway'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.


Bellway's Receivables Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Bellway's Receivables Turnover distribution charts can be found below:

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



Bellway Receivables Turnover Calculation

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

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

Receivables Turnover (A: Jul. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2023 ) / ((Accounts Receivable (A: Jul. 2022 ) + Accounts Receivable (A: Jul. 2023 )) / count )
=3406.6 / ((47.5 + 34.6) / 2 )
=3406.6 / 41.05
=82.99

Bellway's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Jul. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=1273.1 / ((34.6 + 66.6) / 2 )
=1273.1 / 50.6
=25.16

* 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.


Bellway  (LSE:BWY) 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.


Bellway Receivables Turnover Related Terms

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Bellway (LSE:BWY) Business Description

Traded in Other Exchanges
Address
Woolsington House, Woolsington, Newcastle upon Tyne, GBR, NE13 8BF
Bellway is the U.K.'s fourth-largest residential property developer in terms of both revenue and dwelling completions. Bellway's vertical integration through the land development, construction, and sales and marketing segments of the residential property development value chain aligns with the typical business model employed by homebuilders in the U.K. market.

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