Weibo (WB) Receivables Turnover : 1.06 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Weibo 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. Weibo's Revenue for the three months ended in Dec. 2023 was $464 Mil. Weibo's average Accounts Receivable for the three months ended in Dec. 2023 was $437 Mil. Hence, Weibo's Receivables Turnover for the three months ended in Dec. 2023 was 1.06.

Weibo Receivables Turnover Historical Data

The historical data trend for Weibo'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.

Weibo Receivables Turnover Chart

Weibo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.47

3.70

3.72

3.00

3.73

Weibo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.90	0.84	0.95	1.00	1.06

Competitive Comparison of Weibo's Receivables Turnover

For the Internet Content & Information subindustry, Weibo'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.

Weibo's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Weibo's Receivables Turnover distribution charts can be found below:

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

Weibo Receivables Turnover Calculation

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

Weibo'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 )
=	1759.836	/ (	(502.443	+	440.768)	/	2 )
=	1759.836	/	471.6055
=	3.73

Weibo'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	463.667	/ (	(434.069	+	440.768)	/	2 )
=	463.667	/	437.4185
=	1.06

Weibo (NAS:WB) 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.

Weibo Receivables Turnover Related Terms

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

Weibo (WB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Weibo Corp (NAS:WB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

09898:Hong Kong 0LUG:UK 2WB:Germany W1BO34:Brazil WB:Argentina

Address

No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027

Website

http://ir.weibo.com

Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.