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Warehouses Estates Belgium (XBRU:WEB) Receivables Turnover : 6.88 (As of Dec. 2023)


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What is Warehouses Estates Belgium 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. Warehouses Estates Belgium's Revenue for the six months ended in Dec. 2023 was €12.32 Mil. Warehouses Estates Belgium's average Accounts Receivable for the six months ended in Dec. 2023 was €1.79 Mil. Hence, Warehouses Estates Belgium's Receivables Turnover for the six months ended in Dec. 2023 was 6.88.


Warehouses Estates Belgium Receivables Turnover Historical Data

The historical data trend for Warehouses Estates Belgium'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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Warehouses Estates Belgium Receivables Turnover Chart

Warehouses Estates Belgium Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.69 4.44 7.41 22.20 26.19

Warehouses Estates Belgium Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5.07 6.47 6.29 8.04 6.88

Competitive Comparison of Warehouses Estates Belgium's Receivables Turnover

For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.


Warehouses Estates Belgium's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Warehouses Estates Belgium's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Warehouses Estates Belgium's Receivables Turnover falls into.



Warehouses Estates Belgium Receivables Turnover Calculation

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

Warehouses Estates Belgium'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 )
=26.07 / ((0.915 + 1.076) / 2 )
=26.07 / 0.9955
=26.19

Warehouses Estates Belgium'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 )
=12.317 / ((2.505 + 1.076) / 2 )
=12.317 / 1.7905
=6.88

* 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.


Warehouses Estates Belgium  (XBRU: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.


Warehouses Estates Belgium Receivables Turnover Related Terms

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Warehouses Estates Belgium (XBRU:WEB) Business Description

Traded in Other Exchanges
Address
29 Avenue Jean Mermoz, Gosselies, BEL, 6041
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.

Warehouses Estates Belgium (XBRU:WEB) Headlines