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. US Ecology's Revenue for the
three
months ended in Mar. 2022 was $241 Mil. US Ecology's average Accounts Receivable for the
three
months ended in Mar. 2022 was $185 Mil.
Hence, US Ecology's Receivables Turnover for the
three
months ended in Mar. 2022 was 1.30.
US Ecology Receivables Turnover Historical Data
The historical data trend for US Ecology'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.
Competitive Comparison of US Ecology's Receivables Turnover
For the Waste Management subindustry, US Ecology'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.
US Ecology's Receivables Turnover Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, US Ecology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where US Ecology's Receivables Turnover falls into.
US Ecology Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
US Ecology's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
US Ecology (NAS:ECOL) 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.
US Ecology Receivables Turnover Related Terms
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US Ecology Inc operates as an environmental service provider to commercial and government entities. The company's operating segments include Waste Solutions, Field Services, and Energy Waste. Waste Solutions provides a broad range of specialty material management services including transportation, recycling, treatment and disposal of hazardous, non-hazardous and radioactive waste; Field Services, provides specialty field services and total waste management solutions to commercial and industrial facilities and to government entities, and Energy Waste provides energy-related services and waste disposal services predominately to upstream energy customers.
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