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. Metallus's Revenue for the
three
months ended in Dec. 2023 was $328 Mil. Metallus's average Accounts Receivable for the
three
months ended in Dec. 2023 was $125 Mil.
Hence, Metallus's Receivables Turnover for the
three
months ended in Dec. 2023 was 2.64.
Metallus Receivables Turnover Historical Data
The historical data trend for Metallus'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 Metallus's Receivables Turnover
For the Steel subindustry, Metallus'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.
Metallus's Receivables Turnover Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Metallus's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Metallus's Receivables Turnover falls into.
Metallus Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Metallus's Receivables Turnover for the fiscal year that ended in Dec. 2023 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.
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.
Metallus Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Metallus's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
TimkenSteel Corp is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. TimkenSteel's portfolio includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation. Geographically, the company mainly serves customers in the United States.
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