Metallus Inc (MTUS)

Receivables turnover

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Revenue (ttm) US$ in thousands 1,350,100 1,329,300 1,232,100 1,191,500 1,223,800 1,253,800 1,374,100 1,401,200 1,337,600 1,275,500 1,151,000 1,011,500 836,600 821,400 837,100 904,500 1,086,500 1,196,700 1,376,200 1,511,300
Receivables US$ in thousands 120,000 113,500 135,800 133,300 127,100 81,600 100,100 159,900 135,100 100,500 130,100 121,300 96,300 63,300 81,200 63,600 94,900 77,500 107,400 146,400
Receivables turnover 11.25 11.71 9.07 8.94 9.63 15.37 13.73 8.76 9.90 12.69 8.85 8.34 8.69 12.98 10.31 14.22 11.45 15.44 12.81 10.32

March 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,350,100K ÷ $120,000K
= 11.25

The receivables turnover of Metallus Inc has exhibited some fluctuations over the past few quarters. The ratio, which measures how efficiently the company is able to collect outstanding receivables from its customers, has ranged from a low of 8.34 in June 2021 to a high of 15.37 in December 2022.

The trend of receivables turnover indicates that the company has been able to effectively manage its accounts receivable in most quarters. A higher turnover signifies that Metallus Inc is collecting outstanding receivables more quickly, which can be indicative of strong credit and collection policies. Conversely, a lower turnover may suggest potential issues with collecting receivables in a timely manner.

Overall, the average receivables turnover for Metallus Inc over the periods provided is at a moderate level, with room for improvement in some quarters. Monitoring this ratio closely can help in assessing the efficiency of the company's credit and collection practices, as well as its overall liquidity and cash flow management.


Peer comparison

Mar 31, 2024