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Taylor Devices Inc  (TAYD)
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Taylor Devices Inc Accounts Receivables Turnover Ratio from the second quarter 2024 to the second quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Taylor Devices Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 7.43, 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 second quarter 2024. Average receivable collection period, for the Taylor Devices Inc in Nov 30 2023 quarter, has decreased to 49 days, compared to 53 days, in the Aug 31 2023 quarter.

If we take a look into Capital Goods sector 2 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 29, from overall ranking in the first quarter 2024 at 1849.

What is Receivable Turnover Ratio?
What is Taylor Devices Inc Selling?


What is Receivable Turnover Ratio?




TAYD Receivables Turnover Ratio (Nov 30 2023)
II. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Receivable Change -31.45 % -7.35 % 18.87 % 62.55 % 115.53 %
Y / Y Revenue Change -1.5 % 9.16 % 8.1 % 61.01 % 43.65 %
Receivable Turnover Ratio (TTM) 7.43 6.91 6.67 6.74 7.07
TAYD's Total Ranking # 29 # 1849 # 1490 # 2140 # 473
Average receivable collection period 49 53 55 54 52
Seq. Receivable Change -24.64 % -2.7 % -35.15 % 44.15 % 1.86 %
Seq. Revenue Change 4.19 % -27.39 % 38.18 % -5.77 % 15.47 %


Receivable Turnover Company Ranking
Within: No.
Industrial Machinery and Components Industry # 1
Capital Goods Sector # 3
Overall Market # 29

Receivable Turnover Ratio Statistics
High Average Low
8.1 6.51 4.56
(June 30. 2015)   (May 31 2021)






Financial Statements
Taylor Devices Inc's Accounts Receivable $ 4 Millions Visit TAYD's Balance sheet
Taylor Devices Inc's Sales TTM $ 44 Millions Visit TAYD's Income Statement
Where are TAYD's Sales coming from? Visit TAYD'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
TAYD'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 TAYD's Competitors
Receivables Turnover Ratio for TAYD's Suppliers
Accounts Receivables Turnover Ratio for TAYD's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Nov 30 2023, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Nov 30 2023 Receivable at quarter ending Nov 30 2023
Tri Pointe Homes Inc   27.68 $ 4,167.884  Millions$ 150.563  Millions
Phoenix Plus Corp   26.63 $ 0.997  Millions$ 0.037  Millions
Comfort Systems Usa inc   26.20 $ 5,206.760  Millions$ 198.735  Millions
Lockheed Martin Corporation  25.63 $ 67,571.000  Millions$ 2,636.750  Millions
Gencor Industries Inc   24.43 $ 104.746  Millions$ 4.288  Millions
Energy Vault Holdings Inc   21.63 $ 341.531  Millions$ 15.791  Millions
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

Date modified: 2024-01-12T16:04:45+00:00



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