WESCO International Inc (WCC)
Receivables turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 22,385,200 | 22,470,320 | 22,271,820 | 22,009,820 | 21,420,120 | 20,722,450 | 20,004,870 | 19,117,160 | 18,226,440 | 17,494,430 | 16,907,910 | 14,398,830 | 12,326,000 | 10,296,610 | 8,302,920 | 8,366,300 | 8,358,920 | 8,270,920 | 8,190,050 | 8,143,950 |
| Receivables | US$ in thousands | 5,620,000 | 3,795,000 | 3,850,700 | 3,807,400 | 5,633,370 | 3,622,070 | 3,635,840 | 3,283,520 | 4,603,500 | 2,955,630 | 2,842,190 | 2,574,800 | 3,656,100 | 2,492,250 | 2,454,260 | 1,214,330 | 1,716,760 | 1,315,030 | 1,355,540 | 1,268,560 |
| Receivables turnover | 3.98 | 5.92 | 5.78 | 5.78 | 3.80 | 5.72 | 5.50 | 5.82 | 3.96 | 5.92 | 5.95 | 5.59 | 3.37 | 4.13 | 3.38 | 6.89 | 4.87 | 6.29 | 6.04 | 6.42 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $22,385,200K ÷ $5,620,000K
= 3.98
The receivables turnover for Wesco International, Inc. has been relatively stable over the past eight quarters, ranging from 4.97 to 5.50. This indicates that the company is efficient in collecting payments from its customers. A higher receivables turnover ratio suggests that Wesco International is collecting its accounts receivable quickly, which is a positive sign of strong liquidity and effective credit policies. This consistency in the turnover ratio reflects good management of the company's accounts receivable and potential financial stability. However, it is important to continue monitoring this ratio over time to ensure that there are no significant deviations that may indicate potential issues with collecting receivables in the future.
Peer comparison
Dec 31, 2023