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