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Walker Crips Group (LSE:WCW) Receivables Turnover : 0.63 (As of Sep. 2023)


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What is Walker Crips 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. Walker Crips Group's Revenue for the six months ended in Sep. 2023 was £15.45 Mil. Walker Crips Group's average Accounts Receivable for the six months ended in Sep. 2023 was £24.69 Mil. Hence, Walker Crips Group's Receivables Turnover for the six months ended in Sep. 2023 was 0.63.


Walker Crips Group Receivables Turnover Historical Data

The historical data trend for Walker Crips 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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Walker Crips Group Receivables Turnover Chart

Walker Crips Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.45 0.93 0.71 0.88

Walker Crips Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.40 0.47 0.44 0.53 0.63

Competitive Comparison of Walker Crips Group's Receivables Turnover

For the Asset Management subindustry, Walker Crips 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.


Walker Crips Group's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Walker Crips Group's Receivables Turnover distribution charts can be found below:

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



Walker Crips Group Receivables Turnover Calculation

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

Walker Crips Group's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=31.612 / ((42.898 + 28.554) / 2 )
=31.612 / 35.726
=0.88

Walker Crips Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=15.446 / ((28.554 + 20.828) / 2 )
=15.446 / 24.691
=0.63

* 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.


Walker Crips Group  (LSE:WCW) 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.


Walker Crips Group Receivables Turnover Related Terms

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Walker Crips Group (LSE:WCW) Business Description

Traded in Other Exchanges
N/A
Address
128 Queen Victoria Street, Old Change House, London, GBR, EC4V 4BJ
Walker Crips Group PLC is a UK-based company, that offers investment and wealth management services to both new and existing clients. The company currently has three operating segments; Investment Management, portfolio-based transaction execution and investment advice; Wealth Management, being financial planning and pension advice; and Software as a Service, comprising the provision of regulatory and admin software to regulated companies. It generates the majority of its revenue from the Investment Management division.

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