JBTMarel Corp (JBTM)
Receivables turnover
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,710,300 | 2,177,800 | 1,716,000 | 1,693,000 | 1,642,800 | 1,668,200 | 1,664,400 | 1,818,900 | 1,814,100 | 1,780,400 | 1,861,100 | 1,759,600 | 1,838,200 | 1,919,700 | 1,868,300 | 1,810,100 | 1,751,900 | 1,687,900 | 1,727,800 | 1,833,900 |
| Receivables | US$ in thousands | 542,200 | 543,900 | 335,100 | 334,600 | 311,500 | 299,300 | 288,900 | 259,900 | 279,600 | 383,800 | 265,600 | 374,100 | 366,600 | 340,900 | 333,500 | 319,700 | 307,100 | 281,500 | 304,400 | 305,000 |
| Receivables turnover | 5.00 | 4.00 | 5.12 | 5.06 | 5.27 | 5.57 | 5.76 | 7.00 | 6.49 | 4.64 | 7.01 | 4.70 | 5.01 | 5.63 | 5.60 | 5.66 | 5.70 | 6.00 | 5.68 | 6.01 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,710,300K ÷ $542,200K
= 5.00
The receivables turnover ratio for JBTMarel Corp exhibits notable fluctuations across the analyzed periods, indicating variable efficiency in collecting accounts receivable over time.
During the fiscal year ending September 30, 2020, the ratio was approximately 6.01, suggesting a relatively efficient collection process, with receivables turning over roughly six times annually. This ratio experienced a slight decline through the subsequent quarters of 2020 and into early 2021, stabilizing around 5.66 to 6.00, which indicates a moderate consistency in receivables collections during that period.
In late 2021 and mid-2022, the ratio showed marginal decreases, reaching as low as 4.70 in September 2022, implying a slowdown in collection efficiency. This decline could suggest increased receivables outstanding or potential challenges in receivables management.
A significant shift occurred at the end of 2022, when the ratio sharply increased to 7.01, signaling an improvement in collection efficiency, possibly due to better credit policies or improved customer payment behavior. However, in early 2023, the ratio declined again to approximately 4.64, indicating a possible deterioration in collection efficiency.
From mid-2023 onward, the receivables turnover ratio generally trended higher again, with values such as 6.49 in June 2023 and 7.00 in September 2023, reflecting better collections. Subsequently, towards the end of 2023 and into early 2024, the ratio moderated to around 5.76 and 5.57, respectively.
Looking into 2024 and early 2025, the ratio shows some variability, with a slight decline to approximately 4.00 in March 2025, suggesting a potential slackening in receivables collection efficiency compared to previous periods. Nonetheless, in mid-2025, the ratio appears to stabilize around 5.00, indicating a modest recovery or steadiness in collection performance.
Overall, the receivables turnover for JBTMarel Corp has experienced periods of both improvement and decline over the analyzed timeframe, with notable peaks near 7.0 and dips below 5.0. These fluctuations may reflect changes in credit policies, customer base, economic conditions, or internal collection processes. Maintaining a higher and more consistent receivables turnover ratio generally signals effective credit management and prompt receivables collection, which positively impacts cash flow and working capital management.
Peer comparison
Jun 30, 2025