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CLH (Clean Harbors) Receivables Turnover : 1.37 (As of Mar. 2025)


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What is Clean Harbors 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. Clean Harbors's Revenue for the three months ended in Mar. 2025 was $1,432 Mil. Clean Harbors's average Accounts Receivable for the three months ended in Mar. 2025 was $1,046 Mil. Hence, Clean Harbors's Receivables Turnover for the three months ended in Mar. 2025 was 1.37.


Clean Harbors Receivables Turnover Historical Data

The historical data trend for Clean Harbors'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.

Clean Harbors Receivables Turnover Chart

Clean Harbors Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 5.42 5.88 5.55 5.89

Clean Harbors Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.36 1.46 1.40 1.35 1.37

Competitive Comparison of Clean Harbors's Receivables Turnover

For the Waste Management subindustry, Clean Harbors'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.


Clean Harbors's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Clean Harbors's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Clean Harbors's Receivables Turnover falls into.


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Clean Harbors Receivables Turnover Calculation

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

Clean Harbors's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=5889.952 / ((983.111 + 1015.357) / 2 )
=5889.952 / 999.234
=5.89

Clean Harbors's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=1431.95 / ((1015.357 + 1077.51) / 2 )
=1431.95 / 1046.4335
=1.37

* 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.


Clean Harbors  (NYSE:CLH) 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.


Clean Harbors Receivables Turnover Related Terms

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Clean Harbors Business Description

Traded in Other Exchanges
Address
42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.
Executives
John R. Welch director 84 SUMMER STREET, WESTON MA 02493
Robert Speights officer: EVP (CHESI) C/O CLEAN HARBORS ENVIRONMENTAL SERVICES, 42 LONGWATER DRIVE, NORWELL MA 02061
Lauren States director 16 WILMONT AVENUE, WHITE PLAINS NY 10605
Eric J. Dugas officer: VP, Corp. Contr and CAO C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061
Alan S Mckim director, officer: Chrmn. of Bd., Pres.and CEO
Brian P Weber officer: EVP (CHESI) 88 PINE STREET, WALPOLE MA 02081
Eric W Gerstenberg officer: Chief Operating Officer 24 MACFARLANE DRIVE, KINGSTON MA 02364
Michael Louis Battles officer: SVP & CAO 45 WILLIAM STREET, WELLESLEY MA 02481
Andrea Robertson director 129 SHELTER ROCK ROAD, STAMFORD CT 06903
John T Preston director C/O MOLTEN METAL TECHNOLOTY INC, 400-2 TOTTEN POND ROAD, WALTHAM MA 02154
Robert W. Harrison officer: EVP, EHS 42 LONGWATER DRIVE, NORWELL MA 02061
George L Curtis officer: Exec. Vice President (CHESI)
Loan Nguyen Mansy officer: President Env Sales & Service C/O HUDSON TECHNOLOGIES, INC., 300 TICE BOULEVARD, SUITE 290, WOODCLIFF LAKE NJ 07677
Rebecca Underwood officer: President & EVP Facilities 42 LONGWATER DRIVE, NORWELL MA 02061
Sharon M. Gabriel officer: EVP/CIO (CHESI) 42 LONGWATER DRIVE, NORWELL MA 02061