GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Wajax Corp (OTCPK:WJXFF) » Definitions » Receivables Turnover

Wajax (WJXFF) Receivables Turnover : 1.95 (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Wajax 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. Wajax's Revenue for the three months ended in Mar. 2025 was $387 Mil. Wajax's average Accounts Receivable for the three months ended in Mar. 2025 was $198 Mil. Hence, Wajax's Receivables Turnover for the three months ended in Mar. 2025 was 1.95.


Wajax Receivables Turnover Historical Data

The historical data trend for Wajax'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.

Wajax Receivables Turnover Chart

Wajax Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.23 8.54 8.20 7.95 7.39

Wajax Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.76 2.15 1.96 2.13 1.95

Competitive Comparison of Wajax's Receivables Turnover

For the Industrial Distribution subindustry, Wajax'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.


Wajax's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Wajax's Receivables Turnover distribution charts can be found below:

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


;
;

Wajax Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1472.306 / ((204.797 + 193.453) / 2 )
=1472.306 / 199.125
=7.39

Wajax's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=386.587 / ((193.453 + 203.414) / 2 )
=386.587 / 198.4335
=1.95

* 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.


Wajax  (OTCPK:WJXFF) 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.


Wajax Receivables Turnover Related Terms

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


Wajax Business Description

Traded in Other Exchanges
Address
10 Diesel Drive, Toronto, ON, CAN, M8W 2T8
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

Wajax Headlines

From GuruFocus

Q1 2023 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q3 2023 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q4 2024 Wajax Corp Earnings Call Transcript

By GuruFocus News 03-05-2025

Q2 2022 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q3 2021 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Wajax Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-15-2024

Q2 2024 Wajax Corp Earnings Call Transcript

By GuruFocus News 10-09-2024

Wajax Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-15-2024

Q2 2020 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024