CSW Industrials Inc (CSWI)
Receivables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 878,301 | 858,612 | 839,930 | 815,657 | 792,840 | 777,666 | 773,792 | 761,331 | 757,905 | 735,518 | 700,711 | 665,104 | 626,436 | 586,506 | 540,152 | 489,507 | 419,205 | 384,334 | 378,118 | 374,502 |
| Receivables | US$ in thousands | 151,646 | 114,825 | 135,265 | 143,195 | 144,620 | 104,522 | 126,320 | 127,075 | 122,753 | 103,213 | 125,901 | 143,874 | 122,804 | 90,737 | 107,660 | 111,940 | 96,695 | 75,005 | 70,092 | 71,490 |
| Receivables turnover | 5.79 | 7.48 | 6.21 | 5.70 | 5.48 | 7.44 | 6.13 | 5.99 | 6.17 | 7.13 | 5.57 | 4.62 | 5.10 | 6.46 | 5.02 | 4.37 | 4.34 | 5.12 | 5.39 | 5.24 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $878,301K ÷ $151,646K
= 5.79
The receivables turnover ratio of CSW Industrials Inc has shown some fluctuations over the observed period. The ratio indicates how efficiently the company is collecting payments from its customers.
From June 30, 2020, to September 30, 2021, the receivables turnover remained relatively stable, ranging from 4.34 to 5.39. This suggests that the company was able to convert its accounts receivable into cash multiple times during the year, highlighting efficient collections practices.
Starting from December 31, 2021, the receivables turnover showed an increasing trend, reaching a peak of 7.48 by December 31, 2024. This improvement indicates that CSW Industrials Inc became more effective in collecting outstanding invoices from customers, possibly through better credit management or more timely follow-ups on overdue payments.
However, there were some fluctuations in the ratio between March 31, 2024, and March 31, 2025, when the ratio decreased from 7.44 to 5.79. This could be a signal for investors and analysts to further investigate the company's accounts receivable management during this period to understand the reasons behind the decrease.
Overall, monitoring the receivables turnover ratio can provide valuable insights into CSW Industrials Inc's operating efficiency and effectiveness in managing its accounts receivable, which is crucial for maintaining a healthy cash flow position.
Peer comparison
Mar 31, 2025