Mesa Laboratories Inc (MLAB)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | — | 216,187 | 219,080 | 184,335 | 133,937 |
| Receivables | US$ in thousands | — | 39,055 | 42,551 | 41,224 | 23,787 |
| Receivables turnover | — | 5.54 | 5.15 | 4.47 | 5.63 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $—K ÷ $—K
= —
The receivables turnover ratio for Mesa Laboratories Inc has exhibited some fluctuation over the years. In March 2021, the receivables turnover stood at 5.63, indicating that the company collected its accounts receivable approximately 5.63 times during that period. By March 2022, this ratio decreased to 4.47, suggesting a slowing down in the collection of receivables. However, the ratio improved in March 2023 to 5.15 and further increased to 5.54 by March 2024, showing a positive trend of more efficient collection of receivables. Unfortunately, the data for March 2025 is not available. Overall, the company's receivables turnover has shown variability, which may require further investigation to understand the factors driving these fluctuations.
Peer comparison
Mar 31, 2025