Triumph Group Inc (TGI)
Receivables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 884,067 | 1,242,654 | 1,212,053 | 1,278,619 | 1,324,748 | 1,359,450 | 1,403,350 | 1,356,889 | 1,379,128 | 1,372,490 | 1,362,884 | 1,412,680 | 1,459,942 | 1,540,124 | 1,646,869 | 1,771,288 | 1,869,719 | 2,095,996 | 2,374,668 | 2,664,963 |
| Receivables | US$ in thousands | 151,049 | 225,090 | 246,936 | 219,165 | 212,561 | 216,900 | 274,279 | 271,294 | 299,802 | 288,017 | 279,260 | 265,498 | 280,491 | 309,626 | 325,675 | 334,303 | 328,704 | 325,983 | 426,858 | 460,832 |
| Receivables turnover | 5.85 | 5.52 | 4.91 | 5.83 | 6.23 | 6.27 | 5.12 | 5.00 | 4.60 | 4.77 | 4.88 | 5.32 | 5.20 | 4.97 | 5.06 | 5.30 | 5.69 | 6.43 | 5.56 | 5.78 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $884,067K ÷ $151,049K
= 5.85
The receivables turnover of Triumph Group Inc has fluctuated over the past few years. The turnover ratio measures how efficiently the company is collecting its accounts receivable during a given period. A higher turnover ratio indicates that the company is collecting its receivables more quickly.
From June 30, 2020, to March 31, 2022, the receivables turnover remained relatively stable, ranging between 5.30 and 6.43. This suggests that Triumph Group Inc was efficiently managing its accounts receivable during this period.
However, from September 30, 2022, the turnover ratio started to decline steadily, reaching a low of 4.60 on March 31, 2023. This downward trend continued until December 31, 2024, with the turnover ratio fluctuating between 4.60 and 5.52. A decreasing receivables turnover could indicate possible issues with collecting receivables, such as extending credit to customers with poor payment histories or inefficient collection processes.
As of March 31, 2025, the data is not available, so it is unclear how the receivables turnover has evolved since then. Triumph Group Inc may need to closely monitor its accounts receivable management practices to address any potential challenges in collecting outstanding payments efficiently.
Peer comparison
Mar 31, 2025