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Lincoln Electric Holdings Inc  (LECO)
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Lincoln Electric Holdings Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Lincoln Electric Holdings Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 7.55, above the company average. This is a clear sign of healthy business climate in the Industrial Machinery and Components industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Lincoln Electric Holdings Inc in Dec 31 2023 quarter, has decreased to 48 days, compared to 50 days, in the Sep 30 2023 quarter.

If we take a look into Capital Goods sector 54 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from 588 to 856.

What is Receivable Turnover Ratio?
What is Lincoln Electric Holdings Inc Selling?


What is Receivable Turnover Ratio?




LECO 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 -0.5 % 16.09 % 10.02 % 11.09 % 26.21 %
Y / Y Revenue Change 13.74 % 10.5 % 9.38 % 12.28 % 10.39 %
Receivable Turnover Ratio (TTM) 7.55 7.31 7.38 7.39 7.38
LECO's Total Ranking # 856 # 588 # 1846 # 619 # 2012
Average receivable collection period 48 50 49 49 49
Seq. Receivable Change 0.22 % -5.73 % -0.55 % 5.9 % 16.93 %
Seq. Revenue Change 2.65 % -2.62 % 2.13 % 11.41 % -0.27 %


Receivable Turnover Company Ranking
Within: No.
Industrial Machinery and Components Industry # 13
Capital Goods Sector # 55
Overall Market # 856

Receivable Turnover Ratio Statistics
High Average Low
8.18 7.53 7.12
(Dec. 30, 2015)   (Jun 30 2018)






Financial Statements
Lincoln Electric Holdings Inc's Accounts Receivable $ 539 Millions Visit LECO's Balance sheet
Lincoln Electric Holdings Inc's Sales TTM $ 4,191 Millions Visit LECO's Income Statement
Where are LECO's Sales coming from? Visit LECO's Sales by Geography

Other Accounts Receivable Turnover Ratios
Industrial Machinery and Components Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
LECO's Receivable Turnover Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for LECO's Competitors
Receivables Turnover Ratio for LECO's Suppliers
Accounts Receivables Turnover Ratio for LECO's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Malibu Boats Inc   20.09 $ 1,213.621  Millions$ 60.414  Millions
Cavco Industries Inc   20.06 $ 1,851.054  Millions$ 92.280  Millions
Greystone Logistics Inc   19.35 $ 61.459  Millions$ 3.176  Millions
Kb Home  18.56 $ 6,410.629  Millions$ 345.348  Millions
Stantec Inc   18.15 $ 3,880.709  Millions$ 213.867  Millions
Leonardo Drs Inc   15.99 $ 2,826.000  Millions$ 176.750  Millions
Winnebago Industries Inc   15.48 $ 3,300.700  Millions$ 213.175  Millions
L3harris Technologies Inc   14.50 $ 19,419.000  Millions$ 1,339.250  Millions
Fluor Corporation  13.85 $ 15,573.000  Millions$ 1,124.250  Millions
Huntington Ingalls Industries Inc   13.64 $ 11,454.000  Millions$ 840.000  Millions
Intuitive Machines Inc   13.30 $ 79.521  Millions$ 5.978  Millions
Sono Tek Corp  12.45 $ 18.589  Millions$ 1.493  Millions
Enovix Corporation  12.20 $ 7.583  Millions$ 0.622  Millions
Hillman Solutions Corp   12.19 $ 1,476.477  Millions$ 121.154  Millions
Northrop Grumman Corp  12.03 $ 39,290.000  Millions$ 3,267.000  Millions
Acorn Energy Inc   11.78 $ 8.305  Millions$ 0.705  Millions
Wabash National Corporation  11.50 $ 2,536.187  Millions$ 220.629  Millions
Sunrun Inc   11.37 $ 2,259.813  Millions$ 198.749  Millions
Byrna Technologies Inc   11.14 $ 41.647  Millions$ 3.739  Millions
Nextracker Inc   10.46 $ 3,152.093  Millions$ 301.461  Millions
Legacy Housing Corporation  10.19 $ 189.144  Millions$ 18.556  Millions
Stanley Black and Decker Inc   10.12 $ 15,781.100  Millions$ 1,559.975  Millions
Concrete Leveling Systems Inc   9.63 $ 0.001  Millions$ 0.000  Millions
Ies Holdings Inc   9.40 $ 2,436.797  Millions$ 259.109  Millions
Textron Inc   9.27 $ 13,683.000  Millions$ 1,475.750  Millions
Compx International inc  9.14 $ 161.219  Millions$ 17.630  Millions
The Gorman rupp Company  9.07 $ 659.253  Millions$ 72.721  Millions
Redwire Corporation  8.94 $ 242.969  Millions$ 27.181  Millions
Agco Corp  8.89 $ 14,412.400  Millions$ 1,621.575  Millions
Fluence Energy Inc   8.67 $ 2,270.881  Millions$ 261.852  Millions

Date modified: 2024-02-28T17:18:57+00:00



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