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MWA (Mueller Water Products) Receivables Turnover : 1.64 (As of Sep. 2024)


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What is Mueller Water Products 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. Mueller Water Products's Revenue for the three months ended in Sep. 2024 was $348 Mil. Mueller Water Products's average Accounts Receivable for the three months ended in Sep. 2024 was $213 Mil. Hence, Mueller Water Products's Receivables Turnover for the three months ended in Sep. 2024 was 1.64.


Mueller Water Products Receivables Turnover Historical Data

The historical data trend for Mueller Water Products'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.

* Premium members only.

Mueller Water Products Receivables Turnover Chart

Mueller Water Products Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 5.65 5.64 5.69 6.10

Mueller Water Products Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.41 1.33 1.78 1.61 1.64

Competitive Comparison of Mueller Water Products's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Mueller Water Products'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.


Mueller Water Products's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Water Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mueller Water Products's Receivables Turnover falls into.



Mueller Water Products Receivables Turnover Calculation

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

Mueller Water Products's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Receivables Turnover (A: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2024 ) / ((Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Sep. 2024 )) / count )
=1314.7 / ((218.1 + 212.7) / 2 )
=1314.7 / 215.4
=6.10

Mueller Water Products's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=348.2 / ((213.2 + 212.7) / 2 )
=348.2 / 212.95
=1.64

* 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.


Mueller Water Products  (NYSE:MWA) 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.


Mueller Water Products Receivables Turnover Related Terms

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Mueller Water Products Business Description

Traded in Other Exchanges
Address
1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products Inc is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like iron gate valves, specialty valves, and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.
Executives
Todd P Helms officer: SVP and CHRO 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Steven S Heinrichs officer: EVP, General Counsel and Sec 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Lydia W Thomas director ALLMERICA FINANCIAL CORP, 440 LINCOLN ST, WORCESTER MA 01653
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Christine Ortiz director 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
J Scott Hall director, officer: President and CEO 1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328
Kenji Takeuchi officer: SVP, Engineering 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Van Arsdell Stephen C director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Paul Mcandrew officer: SVP, Operations & Supply Chain 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Suzanne G Smith officer: VP and CAO 1275 PEACHTREE STREET, 6TH FLOOR, ATLANTA GA 30309
Mark J Obrien director 3000 BAYPORT DRIVE, SUITE 1100, TAMPA FL 33607
Michael T Tokarz director 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Chason A Carroll officer: VP, General Counsel & Corp Sec 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Niclas Ytterdahl director C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Brian Slobodow director 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328