Minerals Technologies Inc (MTX)

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 2,118,500 2,124,900 2,148,000 2,158,300 2,169,900 2,153,000 2,147,100 2,152,600 2,125,600 2,094,900 2,026,200 1,924,800 1,858,300 1,813,200 1,728,300 1,629,900 1,594,800 1,603,200 1,664,200 1,770,800
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,118,500K ÷ $—K
= —

The receivables turnover ratio for Minerals Technologies Inc is unavailable for the period from March 31, 2020, to December 31, 2024, based on the provided data. This ratio measures how efficiently a company collects on its credit sales within a specific period. A higher receivables turnover ratio indicates that the company is collecting its outstanding receivables more quickly, while a lower ratio may suggest potential issues with collecting payments from customers.

As the data does not provide specific values for the receivables turnover ratio, it is challenging to assess the company's effectiveness in managing its accounts receivable during the mentioned time frame. Analyzing trends in the receivables turnover ratio over time can help identify changes in the company's credit policies, customer payment behavior, or overall operational efficiency in collecting outstanding receivables.

Without the receivables turnover figures, it is not possible to provide a detailed analysis of how Minerals Technologies Inc managed its receivables during the specified period. Additional financial information or ratios would be required to further evaluate the company's performance in this aspect.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Minerals Technologies Inc
MTX
Air Products and Chemicals Inc
APD
6.00
Linde plc Ordinary Shares
LIN