CDW Holding (SGX:BXE) Receivables Turnover : 2.13 (As of Dec. 2023)

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What is CDW Holding 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. CDW Holding's Revenue for the six months ended in Dec. 2023 was S$70.0 Mil. CDW Holding's average Accounts Receivable for the six months ended in Dec. 2023 was S$32.9 Mil. Hence, CDW Holding's Receivables Turnover for the six months ended in Dec. 2023 was 2.13.

CDW Holding Receivables Turnover Historical Data

The historical data trend for CDW Holding'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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CDW Holding Receivables Turnover Chart

CDW Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.58

3.28

4.06

4.20

3.66

CDW Holding 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															2.43	2.14	2.93	1.92	2.13

Competitive Comparison of CDW Holding's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, CDW Holding'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.

CDW Holding's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, CDW Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CDW Holding's Receivables Turnover falls into.

CDW Holding Receivables Turnover Calculation

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

CDW Holding'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 )
=	145.489	/ (	(46.561	+	32.88)	/	2 )
=	145.489	/	39.7205
=	3.66

CDW Holding'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 )
=	69.994	/ (	(32.857	+	32.88)	/	2 )
=	69.994	/	32.8685
=	2.13

CDW Holding (SGX:BXE) 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.

CDW Holding Receivables Turnover Related Terms

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CDW Holding (SGX:BXE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CDW Holding Ltd (SGX:BXE) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

11 Wo Shing Street, Fo Tan, Shatin, Room 6-10, 11th Floor, CCT Telecom Building, New Territories, Hong Kong, HKG

Website

https://www.cdw-holding.com.hk

CDW Holding Ltd is engaged in the production of precision components for mobile communication equipment, game box entertainment equipment, consumer and information technology equipment, office equipment, and electrical appliances. The business company operates in various segments that include Liquid Crystal Display (LCD) backlight units, which manufactures backlight units for LCD; Office Automation, which manufactures and trades parts for office equipment and electrical appliances; LCD Parts and Accessories, which manufacture and trade precision accessories for LCD modules; and Others, which includes general trading, food and beverage business, and management and advisory services. The LCD Backlight Units segment generates maximum revenue for the company.

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