World Acceptance(Wrld) Financials: Receivables Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - receivables turnover
This chart shows the historical trend of receivables turnover for WRLD compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Receivables Turnover
Definition: Receivables turnover tells you how quickly the company collects payments from customers after making sales on credit. A high turnover means customers pay on time and cash flows smoothly. Slow turnover suggests delayed collections, which can create cash shortages and financing stress.
Interpretation:
• In '2024', WRLD's receivables turnover was 339.66, showing efficiency in collecting outstanding receivables. Industry average for Finance: Consumer Services in '2024' stood at 3.25.
• In '2025', WRLD's receivables turnover was 337.82, showing efficiency in collecting outstanding receivables. The decline from '2024' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2025' stood at 6.31. Industry average increased by 3.07 compared to previous year.
Overall, WRLD's receivables turnover has consistently declined during the past 2 years.
Formula: Receivables Turnover = Net Credit Sales / Average Accounts Receivable
Good Range: Ranges 5 to 15 depending on credit terms.