Astec Industries Inc (ASTE)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,305,100 | 1,283,300 | 1,295,000 | 1,299,500 | 1,338,200 | 1,350,900 | 1,363,000 | 1,331,200 | 1,274,500 | 1,192,400 | 1,144,200 | 1,104,000 | 1,097,200 | 1,068,300 | 1,032,700 | 1,020,000 | 1,024,400 | 1,068,724 | 1,093,131 | 1,132,633 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,305,100K ÷ $—K
= —
The receivables turnover ratio for Astec Industries Inc is currently not available, as indicated by the data for the periods provided. The lack of specific figures for receivables turnover prevents us from conducting a detailed analysis of this ratio. It is important to note that the receivables turnover ratio is a key metric used to evaluate how efficiently a company is managing its accounts receivable and collecting outstanding payments from customers.
To calculate the receivables turnover ratio, one typically divides net credit sales by the average accounts receivable balance. A higher turnover ratio indicates that the company is efficient in collecting payments from customers, while a lower ratio may suggest potential issues with credit policies, collection efforts, or customer creditworthiness.
Given the absence of receivables turnover data for Astec Industries Inc in the provided information, we cannot draw any conclusions about the company's effectiveness in managing its accounts receivable. It would be helpful to obtain the specific figures for receivables turnover in order to perform a more in-depth analysis of this aspect of the company's financial performance.
Peer comparison
Dec 31, 2024