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Cleveland cliffs Inc   (CLF)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 

Cleveland Cliffs Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Cleveland Cliffs Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 10.39, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Cleveland Cliffs Inc in Dec 31 2023 quarter, has decreased to 35 days, compared to 36 days, in the Sep 30 2023 quarter.

If we take a look into Basic Materials sector 26 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from 93 to 468.

What is Receivable Turnover Ratio?
What is Cleveland Cliffs Inc Selling?


What is Receivable Turnover Ratio?




CLF Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -6.12 % -7.78 % -10.93 % -16.91 % -9.01 %
Y / Y Revenue Change 1.35 % -0.85 % -5.57 % -11.08 % -5.65 %
Receivable Turnover Ratio (TTM) 10.39 10.21 10.03 9.87 9.68
CLF's Total Ranking # 468 # 93 # 587 # 1125 # 453
Average receivable collection period 35 36 36 37 38
Seq. Receivable Change -13.29 % -7.34 % 3.34 % 13.06 % -14.82 %
Seq. Revenue Change -8.8 % -6.33 % 13.01 % 4.98 % -10.77 %


Receivable Turnover Company Ranking
Within: No.
Metal Mining Industry # 5
Basic Materials Sector # 27
Overall Market # 468

Receivable Turnover Ratio Statistics
High Average Low
226.53 26.75 6.59
(Sep. 30, 2015)   (Jun 30 2020)






Financial Statements
Cleveland Cliffs Inc 's Accounts Receivable $ 1,840 Millions Visit CLF's Balance sheet
Cleveland Cliffs Inc 's Sales TTM $ 21,996 Millions Visit CLF's Income Statement
Where are CLF's Sales coming from? Visit CLF's Sales by Geography

Other Accounts Receivable Turnover Ratios
Metal Mining Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CLF's Receivable Turnover Ratio versus Metal Mining Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for CLF's Competitors
Receivables Turnover Ratio for CLF's Suppliers
Accounts Receivables Turnover Ratio for CLF's Customers

You may also want to know
CLF's Growth Rates CLF's Roa CLF's Inventory Turnover Ratio CLF's Dividend Comparisons
CLF's Profitability Ratios CLF's Roi CLF's Asset Turnover Ratio CLF's Dividend Growth
CLF's Valuation Ratios CLF's Roe CLF's Financial Strength Ratios CLF's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Basic Materials Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Westlake Chemical Partners Lp  30.55 $ 1,190.791  Millions$ 38.985  Millions
B2gold Corp   30.39 $ 1,934.001  Millions$ 63.635  Millions
Green Plains Inc   27.46 $ 3,295.743  Millions$ 120.027  Millions
Century Aluminum Company  26.74 $ 2,184.900  Millions$ 81.700  Millions
Cardinal Ethanol Llc  26.22 $ 436.898  Millions$ 16.661  Millions
Coeur Mining Inc   25.99 $ 821.206  Millions$ 31.602  Millions
Newmont Corporation  25.71 $ 11,812.000  Millions$ 459.500  Millions
Red Trail Energy Llc  25.12 $ 198.603  Millions$ 7.907  Millions
Suncoke Energy Inc   23.72 $ 2,063.200  Millions$ 86.975  Millions
Gold Resource Corporation  21.08 $ 97.685  Millions$ 4.635  Millions
Valvoline Inc   19.93 $ 1,483.500  Millions$ 74.450  Millions
Methanex Corporation  18.81 $ 3,723.475  Millions$ 197.967  Millions
Xpel Inc   16.78 $ 395.414  Millions$ 23.565  Millions
Freeport mcmoran Inc   15.98 $ 22,855.000  Millions$ 1,430.000  Millions
Louisiana pacific Corporation  15.74 $ 2,581.000  Millions$ 164.000  Millions
Boise Cascade Company  15.73 $ 6,308.944  Millions$ 401.042  Millions
Procter and Gamble Co  14.65 $ 83,933.000  Millions$ 5,731.000  Millions
Idaho Strategic Resources Inc   13.71 $ 12.780  Millions$ 0.932  Millions
Solaris Oilfield Infrastructure inc   13.29 $ 292.947  Millions$ 22.049  Millions
Iamgold Corporation  12.94 $ 987.100  Millions$ 76.300  Millions
Karat Packaging Inc   12.70 $ 405.043  Millions$ 31.884  Millions
Centrus Energy Corp   12.57 $ 320.100  Millions$ 25.475  Millions
Futurefuel Corp   12.15 $ 364.979  Millions$ 30.033  Millions
Quanex Building Products Corporation  12.05 $ 1,107.822  Millions$ 91.904  Millions
Ur energy Inc   12.05 $ 17.679  Millions$ 1.467  Millions
Mp Materials Corp   11.95 $ 253.445  Millions$ 21.211  Millions
United States Steel Corp  11.76 $ 18,053.000  Millions$ 1,535.250  Millions
Novelis Inc   11.31 $ 16,530.000  Millions$ 1,461.750  Millions
Clearwater Paper Corporation  11.25 $ 2,082.800  Millions$ 185.100  Millions
Bluelinx Holdings Inc   11.21 $ 3,136.017  Millions$ 279.802  Millions

Date modified: 2024-02-09T00:13:43+00:00



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