Triumph Group Inc (TGI)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,261,960 | 1,192,040 | 1,379,130 | 1,459,940 | 1,869,720 |
| Receivables | US$ in thousands | 151,049 | 212,561 | 299,802 | 280,491 | 328,704 |
| Receivables turnover | 8.35 | 5.61 | 4.60 | 5.20 | 5.69 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,261,960K ÷ $151,049K
= 8.35
The receivables turnover ratio for Triumph Group Inc has shown some fluctuations over the past five years. In March 2021, the ratio was 5.69, indicating that the company collected its accounts receivable approximately 5.69 times during that year. However, by March 2023, the ratio had decreased to 4.60, suggesting a decrease in the efficiency of collecting receivables.
The following year, in March 2024, the receivables turnover ratio improved significantly to 5.61, showing a better efficiency in collecting payments from customers. The most notable increase was in March 2025, where the ratio spiked to 8.35, indicating a substantial improvement in the collection process.
Overall, the receivables turnover ratio for Triumph Group Inc has shown some variability over the years, with ups and downs. The company should continue to monitor and manage its accounts receivable effectively to ensure a healthy and consistent cash flow.
Peer comparison
Mar 31, 2025