CSW Industrials, Inc. (CSW)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 878,301 | 792,840 | 757,904 | 626,435 | 419,205 |
| Receivables | US$ in thousands | 157,741 | 142,665 | 122,753 | 122,804 | 96,695 |
| Receivables turnover | 5.57 | 5.56 | 6.17 | 5.10 | 4.34 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $878,301K ÷ $157,741K
= 5.57
The receivables turnover ratio for CSW Industrials, Inc. demonstrates a trend of increasing efficiency over the period from March 31, 2021, to March 31, 2025. Specifically, the ratio rose from 4.34 in 2021 to 5.10 in 2022, indicating an improvement in the company's ability to collect its receivables more quickly. This upward trend continued into 2023, reaching 6.17, which signifies a significantly enhanced receivables collection cycle.
Following this peak, the ratio experienced a slight decline to 5.56 in 2024 but remained higher than the 2021 benchmark. By March 2025, the receivables turnover was marginally increased again to 5.57, sustaining a relatively stable efficiency level compared to the previous year.
Overall, the trajectory suggests that CSW Industrials, Inc. has been progressively improving its receivables management over the analyzed period, with the most substantial gain observed in 2023. The subsequent minor fluctuations reflect ongoing efforts to optimize collection processes, maintaining a solid level of receivables turnover efficiency.
Peer comparison
Mar 31, 2025