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Webis Holdings (LSE:WEB) Receivables Turnover : 6.40 (As of Nov. 2023)


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What is Webis 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. Webis Holdings's Revenue for the six months ended in Nov. 2023 was £4.75 Mil. Webis Holdings's average Accounts Receivable for the six months ended in Nov. 2023 was £0.74 Mil. Hence, Webis Holdings's Receivables Turnover for the six months ended in Nov. 2023 was 6.40.


Webis Holdings Receivables Turnover Historical Data

The historical data trend for Webis 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.

Webis Holdings Receivables Turnover Chart

Webis Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.58 61.52 66.26 89.61 99.17

Webis Holdings Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 5.94 54.83 8.86 51.17 6.40

Competitive Comparison of Webis Holdings's Receivables Turnover

For the Gambling subindustry, Webis 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.


Webis Holdings's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Webis Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Webis Holdings's Receivables Turnover falls into.



Webis Holdings Receivables Turnover Calculation

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

Webis Holdings's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=40.066 / ((0.318 + 0.49) / 2 )
=40.066 / 0.404
=99.17

Webis Holdings's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

Receivables Turnover (Q: Nov. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2023 ) / ((Accounts Receivable (Q: May. 2023 ) + Accounts Receivable (Q: Nov. 2023 )) / count )
=4.746 / ((0.49 + 0.992) / 2 )
=4.746 / 0.741
=6.40

* 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.


Webis Holdings  (LSE:WEB) 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.


Webis Holdings Receivables Turnover Related Terms

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Webis Holdings (LSE:WEB) Business Description

Traded in Other Exchanges
N/A
Address
Nelson Street, Viking House, Douglas, IMN, IM1 2AH
Webis Holdings PLC is a holding company operating in gaming and technology sector. The company with its subsidiaries operates a totalizator wagering hub through its United States supplier, which enables it to conduct its Advanced Deposit Wagering business by passing wagers directly into racetrack betting pools in real time. Its operating segment includes Racetrack and ADW. The company generates maximum revenue from the Racetrack segment. Geographically, it derives a majority of revenue from North America.