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Acme United Corp  (ACU)
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Acme United Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Acme United Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 5.56, this represents a new company high. This is a clear indication for improving liquidity at Acme United Corp's clients. Average receivable collection period, for the Acme United in Sep 30 2023 quarter, has decreased to 66 days, compared to 69 days, in the Jun 30 2023 quarter.

If we take a look into Capital Goods sector 157 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2459, from overall ranking in the second quarter 2023 at 2584.

What is Receivable Turnover Ratio?
What is Acme United Corp Selling?


What is Receivable Turnover Ratio?




ACU Receivables Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Receivable Change -15.68 % -15.31 % -4.72 % -4.73 % 11.25 %
Y / Y Revenue Change 1.29 % -6.05 % 5.78 % -3.67 % 3.8 %
Receivable Turnover Ratio (TTM) 5.56 5.31 5.15 5.03 5.02
ACU's Total Ranking # 2459 # 2584 # 2699 # 2309 # 463
Average receivable collection period 66 69 71 73 73
Seq. Receivable Change -14.93 % 20.7 % 1.13 % -18.79 % -14.56 %
Seq. Revenue Change -5.53 % 16.36 % 3.91 % -11.32 % -12.38 %


Receivable Turnover Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 23
Capital Goods Sector # 158
Overall Market # 2459

Receivable Turnover Ratio Statistics
High Average Low
5.56 5.01 4.65
(Sep 30 2023)   (Jun 30 2018)






Financial Statements
Acme United's Accounts Receivable $ 34 Millions Visit ACU's Balance sheet
Acme United's Sales TTM $ 194 Millions Visit ACU's Income Statement
Where are ACU's Sales coming from? Visit ACU's Sales by Geography

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

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Black Bird Biotech Inc   15.60 $ 0.036  Millions$ 0.002  Millions
Phoenix Plus Corp   15.16 $ 0.529  Millions$ 0.035  Millions
Leonardo Drs Inc   15.07 $ 2,720.000  Millions$ 180.500  Millions
Ies Holdings Inc   14.92 $ 2,377.227  Millions$ 159.361  Millions
Legacy Housing Corporation  14.01 $ 230.981  Millions$ 16.489  Millions
L3harris Technologies Inc   13.64 $ 18,481.000  Millions$ 1,354.500  Millions
Hillman Solutions Corp   12.64 $ 1,479.332  Millions$ 117.030  Millions
Huntington Ingalls Industries Inc   12.59 $ 11,089.000  Millions$ 880.500  Millions
Shapeways Holdings Inc   12.41 $ 33.715  Millions$ 2.718  Millions
Sunworks Inc   12.07 $ 154.144  Millions$ 12.776  Millions
Sono Tek Corp  11.67 $ 16.485  Millions$ 1.413  Millions
Northrop Grumman Corp  11.53 $ 38,685.000  Millions$ 3,353.750  Millions
Argan Inc  11.31 $ 580.760  Millions$ 51.340  Millions
Bantec Inc   11.30 $ 2.324  Millions$ 0.206  Millions
Sunrun Inc   11.24 $ 2,352.375  Millions$ 209.313  Millions
Wabash National Corporation  10.88 $ 2,596.931  Millions$ 238.776  Millions
Harbor Custom Development Inc   10.77 $ 37.810  Millions$ 3.509  Millions
Concrete Leveling Systems Inc   10.56 $ 0.001  Millions$ 0.000  Millions
Aersale Corporation  10.51 $ 335.016  Millions$ 31.866  Millions
Nextracker Inc   10.49 $ 2,955.037  Millions$ 281.593  Millions
Stanley Black and Decker Inc   10.39 $ 16,031.400  Millions$ 1,542.225  Millions
Shimmick Corporation  10.23 $ 175.012  Millions$ 17.111  Millions
Cpi Aerostructures Inc   9.66 $ 85.405  Millions$ 8.842  Millions
Agco Corp  9.51 $ 14,510.100  Millions$ 1,525.575  Millions
Smith and Wesson Brands Inc   9.49 $ 511.980  Millions$ 53.977  Millions
Great Lakes Dredge and Dock Corporation  9.25 $ 554.399  Millions$ 59.930  Millions
Fluence Energy Inc   9.19 $ 2,217.955  Millions$ 241.307  Millions
Textron Inc   9.10 $ 13,427.000  Millions$ 1,475.750  Millions
Redwire Corporation  9.05 $ 233.331  Millions$ 25.773  Millions
Compx International inc  8.83 $ 157.359  Millions$ 17.825  Millions

Date modified: 2023-11-10T00:25:56+00:00



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