I can't take credit for this fully, partly because I had some help from PerlMonks and from Linux & Unix forum to make this script work. So, I'll share it out with you folks. I have tested it on Suse and Redhat so it ought to work on these platforms for you as well

# vi wtmp.pl


#!/usr/bin/perl
@type = (
    "Empty", "Run Lvl", "Boot", "New Time", "Old Time", "Init",
    "Login", "Normal",  "Term", "Account"
);
$recs = "";
while (<>) {
    $recs .= $_;
}
foreach ( split( /(.{384})/s, $recs ) ) {
    next if length($_) == 0 ;
    my ( $type, $pid, $line, $inittab, $user, $host, $t1, $t2, $t3, $t4, $t5 ) =
      $_ =~ /(.{4})(.{4})(.{32})(.{4})(.{32})(.{256})(.{4})(.{4})(.{4})(.{4})(.{4})/s;
    if ( defined $line && $line =~ /\w/ ) {
        $line =~ s/\
x00+//g;
        $host =~ s/\x00+//g;
        $user =~ s/\x00+//g;
        printf(
            "%s %-8s %-12s %10s %-45s \n",
            scalar( gmtime( unpack( "I4", $t3 ) ) ),
            $type[
              unpack( "
I4", $type )
            ],
            $user,
            $line,
            $host
        );
    }
}
printf "\n"