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World Health Energy Holdings (World Health Energy Holdings) Receivables Turnover : 0.90 (As of Dec. 2023)


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What is World Health Energy Holdings 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. World Health Energy Holdings's Revenue for the three months ended in Dec. 2023 was $0.05 Mil. World Health Energy Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $0.05 Mil. Hence, World Health Energy Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 0.90.

World Health Energy Holdings Receivables Turnover Historical Data

The historical data trend for World Health Energy Holdings'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.

World Health Energy Holdings Receivables Turnover Chart

World Health Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 17.82 18.67 5.52 5.62

World Health Energy Holdings 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 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 1.12 1.31 3.43 0.67 0.90

Competitive Comparison of World Health Energy Holdings's Receivables Turnover

For the Software - Infrastructure subindustry, World Health Energy Holdings'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.

World Health Energy Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, World Health Energy Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where World Health Energy Holdings's Receivables Turnover falls into.


World Health Energy Holdings Receivables Turnover Calculation

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

World Health Energy Holdings'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 )
=0.208 / ((0.023 + 0.051) / 2 )
=0.208 / 0.037
=5.62

World Health Energy Holdings'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 )
=0.045 / ((0.049 + 0.051) / 2 )
=0.045 / 0.05
=0.90

* 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.

World Health Energy Holdings  (OTCPK:WHEN) 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.

World Health Energy Holdings Receivables Turnover Related Terms

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World Health Energy Holdings (World Health Energy Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » World Health Energy Holdings Inc (OTCPK:WHEN) » Definitions » Receivables Turnover
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Traded in Other Exchanges
N/A
Address
1825 NW Corporate Boulevard, Suite 110, Boca Raton, FL, USA, 33431
Website
https://www.whengroup.com
World Health Energy Holdings Inc is engaged in data security and analytics and provides intelligent security software and services to enterprises and individuals worldwide The company leverages artificial intelligence and machine learning to deliver innovative solutions in the areas of cybersecurity, safety focusing on the areas of endpoint security, endpoint management and encryption. Its software specializes in data protection, threat detection and response. Its Product offerings enable enterprises to protect data stored on-premises and in the cloud, confidential data belonging to customers, financial records, strategic and product plans and other intellectual property and, on a parental or guardian level, to monitor minor children's cyber activities.