Nextracker Inc. Class A Common Stock (NXT)
Receivables turnover
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 2,499,840 | 1,902,140 |
| Receivables | US$ in thousands | 524,087 | 387,459 |
| Receivables turnover | 4.77 | 4.91 |
March 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,499,840K ÷ $524,087K
= 4.77
Peer comparison
Mar 31, 2024
Company name
Symbol
Receivables turnover
Nextracker Inc. Class A Common Stock
NXT
4.77
Garmin Ltd
GRMN
6.45
L3Harris Technologies Inc
LHX
2.40
Northrop Grumman Corporation
NOC
5.50
Teledyne Technologies Incorporated
TDY
4.63