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Walmart (WBO:WMT) Receivables Turnover : 19.60 (As of Jan. 2024)


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What is Walmart 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. Walmart's Revenue for the three months ended in Jan. 2024 was €159,170 Mil. Walmart's average Accounts Receivable for the three months ended in Jan. 2024 was €8,121 Mil. Hence, Walmart's Receivables Turnover for the three months ended in Jan. 2024 was 19.60.


Walmart Receivables Turnover Historical Data

The historical data trend for Walmart'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.

Walmart Receivables Turnover Chart

Walmart Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.56 83.38 79.93 77.28 77.09

Walmart 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 19.39 19.38 20.71 19.90 19.60

Competitive Comparison of Walmart's Receivables Turnover

For the Discount Stores subindustry, Walmart'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.


Walmart's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Walmart's Receivables Turnover distribution charts can be found below:

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



Walmart Receivables Turnover Calculation

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

Walmart's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=594978.75 / ((7361.824 + 8074.728) / 2 )
=594978.75 / 7718.276
=77.09

Walmart'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 )
=159170.184 / ((8167.875 + 8074.728) / 2 )
=159170.184 / 8121.3015
=19.60

* 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.


Walmart  (WBO:WMT) 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.


Walmart Receivables Turnover Related Terms

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Walmart (WBO:WMT) Business Description

Address
702 S.W. 8th Street, Bentonville, AR, USA, 72716
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,700 stores in the United States (5,300 including Sam's Club) and over 10,000 stores globally. Walmart generated over $420 billion in domestic namesake sales last year, with Sam's Club contributing another $84 billion to the firm's top line. Internationally, Walmart generated $100 billion in sales. The company serves around 240 million customers globally each week.

Walmart (WBO:WMT) Headlines