Willdan Group (FRA:J2A) Receivables Turnover : 2.04 (As of Mar. 2024)

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What is Willdan Group 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. Willdan Group's Revenue for the three months ended in Mar. 2024 was €112.7 Mil. Willdan Group's average Accounts Receivable for the three months ended in Mar. 2024 was €55.3 Mil. Hence, Willdan Group's Receivables Turnover for the three months ended in Mar. 2024 was 2.04.

Willdan Group Receivables Turnover Historical Data

The historical data trend for Willdan Group'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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Willdan Group Receivables Turnover Chart

Willdan Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.55

6.74

6.07

6.97

7.75

Willdan Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.82	2.22	2.21	2.26	2.04

Competitive Comparison of Willdan Group's Receivables Turnover

For the Engineering & Construction subindustry, Willdan Group'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.

Willdan Group's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Willdan Group's Receivables Turnover distribution charts can be found below:

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

Willdan Group Receivables Turnover Calculation

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

Willdan Group'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 )
=	467.757	/ (	(56.831	+	63.894)	/	2 )
=	467.757	/	60.3625
=	7.75

Willdan Group's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	112.69	/ (	(63.894	+	46.729)	/	2 )
=	112.69	/	55.3115
=	2.04

Willdan Group (FRA:J2A) 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.

Willdan Group Receivables Turnover Related Terms

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Willdan Group (FRA:J2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Willdan Group Inc (FRA:J2A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

WLDN:USA J2A:Germany

Address

2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806

Website

https://www.willdan.com

Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.

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