BWX Technologies Inc (BWXT)

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 2,694,059 2,673,307 2,579,165 2,497,939 2,461,109 2,359,771 2,296,043 2,241,705 2,207,851 2,175,649 2,148,807 2,097,802 2,095,349 2,060,284 2,085,217 2,086,976 2,099,983 2,044,308 2,029,279 1,994,162
Receivables US$ in thousands 152,311 106,161 106,822 97,866 86,519 122,017 64,299 71,760 60,782 72,404 85,926 58,886 70,663 57,136 61,107 57,999 153,368 85,332 64,846 63,051
Receivables turnover 17.69 25.18 24.14 25.52 28.45 19.34 35.71 31.24 36.32 30.05 25.01 35.62 29.65 36.06 34.12 35.98 13.69 23.96 31.29 31.63

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,694,059K ÷ $152,311K
= 17.69

The receivables turnover ratio measures how efficiently a company is able to collect payments from its customers. A higher ratio indicates a shorter time for a company to collect outstanding receivables, which is generally favorable.

Analyzing the receivables turnover for BWX Technologies Inc based on the provided data, we can see some fluctuations over the quarters. For example, the ratio ranged from a high of 36.32 on December 31, 2022, to a low of 13.69 on December 31, 2020.

On average, the company's receivables turnover seems to be relatively stable, with the ratio hovering around the mid to high 20s and low 30s. However, there are some quarters where the ratio dips significantly, indicating potential issues with collecting payments from customers during those periods.

Overall, the trend for BWX Technologies Inc's receivables turnover appears to show some variability, with periods of both strong and weaker performance in terms of collecting receivables efficiently. It would be important for the company to closely monitor this ratio and identify any underlying reasons for the fluctuations to ensure effective cash flow management and overall financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
BWX Technologies Inc
BWXT
17.69
Brunswick Corporation
BC
12.98
Cummins Inc
CMI
281.83