Westwing Comercio Varejista (BSP:WEST3) Receivables Turnover : 1.27 (As of Dec. 2023)

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What is Westwing Comercio Varejista 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. Westwing Comercio Varejista's Revenue for the three months ended in Dec. 2023 was R$56.9 Mil. Westwing Comercio Varejista's average Accounts Receivable for the three months ended in Dec. 2023 was R$44.7 Mil. Hence, Westwing Comercio Varejista's Receivables Turnover for the three months ended in Dec. 2023 was 1.27.

Westwing Comercio Varejista Receivables Turnover Historical Data

The historical data trend for Westwing Comercio Varejista'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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Westwing Comercio Varejista Receivables Turnover Chart

Westwing Comercio Varejista Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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18.69

29.52

15.12

5.58

3.79

Westwing Comercio Varejista Quarterly Data
	Dec18	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															0.84	1.00	1.13	1.27	0.92

Competitive Comparison of Westwing Comercio Varejista's Receivables Turnover

For the Specialty Retail subindustry, Westwing Comercio Varejista'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.

Westwing Comercio Varejista's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Westwing Comercio Varejista's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Westwing Comercio Varejista's Receivables Turnover falls into.

Westwing Comercio Varejista Receivables Turnover Calculation

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

Westwing Comercio Varejista'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 )
=	198.152	/ (	(60.178	+	44.328)	/	2 )
=	198.152	/	52.253
=	3.79

Westwing Comercio Varejista'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 )
=	56.948	/ (	(45.102	+	44.328)	/	2 )
=	56.948	/	44.715
=	1.27

Westwing Comercio Varejista (BSP:WEST3) 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.

Westwing Comercio Varejista Receivables Turnover Related Terms

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Westwing Comercio Varejista (BSP:WEST3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Westwing Comercio Varejista SA (BSP:WEST3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Queiroz Filho, 1700 - Torre A, 5th Floor - Vila Hamburguesa, Sao Paulo, SP, BRA, 0001-50

Website

https://www.westwing.com.br

Westwing Comercio Varejista SA is engaged in the business of providing home decor and furnishing products. The Company's corporate purpose is to sell furniture, decorative items and clothing and accessories in general, mostly through its website and platforms for mobile applications and physical stores. It offers sofas, dining table, bookcases, beds, bar trolleys, pet furniture, towels sets, garden accessories, carpets, crockery, lighting products, and related products.

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