Kennametal Inc (KMT)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,966,840 | 2,046,900 | 2,078,180 | 2,012,460 | 1,841,440 |
| Receivables | US$ in thousands | 295,401 | 302,810 | 307,313 | 295,346 | 302,945 |
| Receivables turnover | 6.66 | 6.76 | 6.76 | 6.81 | 6.08 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,966,840K ÷ $295,401K
= 6.66
The receivables turnover ratio for Kennametal Inc. over the period from June 30, 2021, to June 30, 2025, exhibits a relatively stable pattern with minor fluctuations. Starting at 6.08 times in 2021, the ratio increased in 2022 to 6.81, indicating an improvement in the company's efficiency in collecting receivables. This upward trend modestly continued into 2023, reaching 6.76 times, maintaining the same level into 2024. By 2025, the ratio experienced a slight decrease to 6.66 times, still indicative of a generally consistent receivables collection performance.
Overall, the data suggests that Kennametal Inc. has maintained a steady ability to convert its receivables into cash, with only minimal variation over the assessed period. The stability of the ratio indicates effective receivables management and suggests that the company has been able to maintain consistent collection practices, with no significant deterioration or improvement beyond the narrow range observed. The slight decline in 2025 may warrant ongoing monitoring to ensure receivables collection efficiency remains optimal.