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. Wayfair's Revenue for the
three
months ended in Dec. 2023 was $3,114 Mil. Wayfair's average Accounts Receivable for the
three
months ended in Dec. 2023 was $136 Mil.
Hence, Wayfair's Receivables Turnover for the
three
months ended in Dec. 2023 was 22.90.
Wayfair Receivables Turnover Historical Data
The historical data trend for Wayfair'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.
Competitive Comparison of Wayfair's Receivables Turnover
For the Internet Retail subindustry, Wayfair'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.
Wayfair's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Wayfair's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Wayfair's Receivables Turnover falls into.
Wayfair Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Wayfair's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Wayfair (NYSE:W) 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.
Wayfair Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Wayfair's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Wayfair engages in e-commerce in the United States (86% of 2022 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2022, the firm offered more than 40 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.
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