CSW Industrials Inc (CSWI)
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 | 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 | 385,871 |
| Receivables | US$ in thousands | 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 | 74,880 |
| Receivables turnover | 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 | 5.15 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $858,612K ÷ $114,825K
= 7.48
CSW Industrials Inc's receivables turnover ratio has shown some fluctuations over the period under review. The ratio indicates how efficiently the company is able to collect on its credit sales within a given period.
From March 31, 2020, to June 30, 2022, the receivables turnover ratio remained relatively stable, ranging between 4.34 and 5.24. This suggests that the company was able to collect on its receivables at a consistent pace during this time.
Starting from December 31, 2022, there was a notable increase in the receivables turnover ratio, reaching a peak of 7.48 by December 31, 2024. This significant increase indicates that the company improved its efficiency in collecting outstanding receivables during this period.
Overall, the trend in the receivables turnover ratio for CSW Industrials Inc shows a positive improvement in the company's ability to manage its accounts receivable efficiently and effectively over the analyzed period.
Peer comparison
Dec 31, 2024