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 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 5.52 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 ÷ $—K
= —

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

Company name
Symbol
Receivables turnover
Triumph Group Inc
TGI
AAR Corp
AIR
7.91
Textron Inc
TXT