GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » J. W. Mays Inc (NAS:MAYS) » Definitions » Receivables Turnover

J. W. Mays (J. W. Mays) Receivables Turnover : 1.76 (As of Jan. 2024)


View and export this data going back to 1984. Start your Free Trial

What is J. W. Mays 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. J. W. Mays's Revenue for the three months ended in Jan. 2024 was $5.42 Mil. J. W. Mays's average Accounts Receivable for the three months ended in Jan. 2024 was $3.07 Mil. Hence, J. W. Mays's Receivables Turnover for the three months ended in Jan. 2024 was 1.76.


J. W. Mays Receivables Turnover Historical Data

The historical data trend for J. W. Mays'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.

J. W. Mays Receivables Turnover Chart

J. W. Mays 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 18.20 9.10 8.72 8.25 7.76

J. W. Mays Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 2.31 2.14 1.91 1.76 1.76

Competitive Comparison of J. W. Mays's Receivables Turnover

For the Real Estate Services subindustry, J. W. Mays'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.


J. W. Mays's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, J. W. Mays's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where J. W. Mays's Receivables Turnover falls into.



J. W. Mays Receivables Turnover Calculation

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

J. W. Mays'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 )
=22.576 / ((2.771 + 3.044) / 2 )
=22.576 / 2.9075
=7.76

J. W. Mays'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: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=5.415 / ((3.003 + 3.142) / 2 )
=5.415 / 3.0725
=1.76

* 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.


J. W. Mays  (NAS:MAYS) 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.


J. W. Mays Receivables Turnover Related Terms

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


J. W. Mays (J. W. Mays) Business Description

Traded in Other Exchanges
N/A
Address
9 Bond Street, Brooklyn, NY, USA, 11201-5805
J. W. Mays Inc is a real estate company. It is engaged in the leasing of real estate and operates a number of commercial real estate properties in New York. The company leases its properties to retail, restaurant, commercial, and other tenants. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.
Executives
Gailoyd Enterprises Corp. 10 percent owner 961 ROUTE 52, CARMEL NY 10512
Steven Gurney-goldman director C/O SOL GOLDMAN INVESTMENTS, LLC, 1185 SIXTH AVENUE - 10TH FLOOR, NEW YORK NY 10036
Jane H Goldman 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH ST THIRD FLOOR, NEW YORK NY 10019
Louisa Little 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH AVE THIRD FLOOR, NEW YORK NY 10019
Allan H. Goldman 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lillian Goldman Marital Trust 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lloyd J Shulman director, officer: Chairman, CEO, President C/O J.W. MAYS, 9 BOND STREET, BROOKLYN NY 11201

J. W. Mays (J. W. Mays) Headlines

From GuruFocus

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 06-10-2010

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 03-10-2011

6 Real Estate Companies Trading with Low Price-Sales Ratios

By Tiziano Frateschi Tiziano Frateschi 10-30-2020

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 12-10-2009

Leasing Companies Offer Strong Value Opportunities

By James Li James Li 09-19-2016