CSW Industrials Inc (CSWI)
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 | 151,646 | 142,665 | 122,753 | 122,804 | 96,695 |
| Receivables turnover | 5.79 | 5.56 | 6.17 | 5.10 | 4.34 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $878,301K ÷ $151,646K
= 5.79
The receivables turnover of CSW Industrials Inc has shown a positive trend over the past five years, increasing from 4.34 in March 2021 to 5.79 in March 2025. This indicates that the company is able to collect its accounts receivable more frequently each year, which is a positive sign of efficiency in managing its receivables. The peak turnover ratio of 6.17 in March 2023 suggests that the company was particularly effective in converting receivables into cash during that period. Overall, the increasing trend in receivables turnover is favorable as it reflects improved liquidity and potentially more effective credit policies or collection practices.
Peer comparison
Mar 31, 2025