International Workplace Group (CHIX:IWGL) Receivables Turnover : 2.00 (As of Dec. 2023)

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What is International Workplace 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. International Workplace Group's Revenue for the six months ended in Dec. 2023 was £1,474 Mil. International Workplace Group's average Accounts Receivable for the six months ended in Dec. 2023 was £738 Mil. Hence, International Workplace Group's Receivables Turnover for the six months ended in Dec. 2023 was 2.00.

International Workplace Group Receivables Turnover Historical Data

The historical data trend for International Workplace 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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International Workplace Group Receivables Turnover Chart

International Workplace Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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11.23

9.23

8.14

8.37

7.75

International Workplace Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.49	2.16	2.21	1.97	2.00

Competitive Comparison of International Workplace Group's Receivables Turnover

For the Real Estate Services subindustry, International Workplace 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.

International Workplace Group's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, International Workplace Group's Receivables Turnover distribution charts can be found below:

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

International Workplace Group Receivables Turnover Calculation

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

International Workplace 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 )
=	2958	/ (	(395	+	368)	/	2 )
=	2958	/	381.5
=	7.75

International Workplace Group'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1474	/ (	(1108	+	368)	/	2 )
=	1474	/	738
=	2.00

International Workplace Group (CHIX:IWGl) 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.

International Workplace Group Receivables Turnover Related Terms

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International Workplace Group (CHIX:IWGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » International Workplace Group PLC (CHIX:IWGl) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IWGFF:USA IWG:UK IWG:Germany

Address

Dammstrasse 19, Zug, CHE, CH-6300

Website

https://www.iwgplc.com

IWG PLC owns a network of business centers that are leased to a variety of business customers and offer flexible workspace options. It owns and operates brands like Regus, Spaces, Signature, HQ, and No 18. The company operates in four principal geographical segments: the Americas; Europe, the Middle East, and Africa; Asia-Pacific; and the United Kingdom. The Americas segment generates the majority proportion of revenue.

International Workplace Group (CHIX:IWGL) Headlines

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