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Arts Way Manufacturing Co Inc  (ARTW)
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Arts Way Manufacturing Co Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Arts Way Manufacturing Co Inc's ability to collect accounts receivable sequentially worsen to 7.82, pointing to a challenging and on top of that deteriorating business climate for the Industrial Machinery and Components industry. Arts Way Manufacturing Co Inc's Average receivable collection period in the Nov 30 2023 quarter, has increased to 47 days, from 42 days, in the Aug 31 2023 quarter.

If we take a look into Capital Goods sector 59 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1046, from overall ranking in the third quarter 2023 at 1414.

What is Receivable Turnover Ratio?
What is Arts Way Manufacturing Co Inc Selling?


What is Receivable Turnover Ratio?




ARTW Receivables Turnover Ratio (Nov 30 2023)
IV. Quarter
(Aug 31 2023)
III. Quarter
(May 31 2023)
II. Quarter
(Feb 28 2023)
I. Quarter
(Nov 30 2022)
IV. Quarter
Y / Y Receivable Change 26.08 % 16.64 % 58.68 % 131.64 % 2.23 %
Y / Y Revenue Change -28.63 % -0.28 % 23.81 % 40.65 % 13.26 %
Receivable Turnover Ratio (TTM) 7.82 8.77 9.17 9.67 10.71
ARTW's Total Ranking # 1046 # 1414 # 1404 # 1328 # 1359
Average receivable collection period 47 42 40 38 34
Seq. Receivable Change -22.98 % 13.2 % 7.38 % 34.66 % -28.74 %
Seq. Revenue Change -35.19 % -9.89 % 14.1 % 7.11 % -9.45 %


Receivable Turnover Company Ranking
Within: No.
Industrial Machinery and Components Industry # 13
Capital Goods Sector # 60
Overall Market # 1046

Receivable Turnover Ratio Statistics
High Average Low
12.82 10.16 7.82
(Nov 30 2013)   (Nov 30 2023)






Financial Statements
Arts Way Manufacturing Co Inc's Accounts Receivable $ 3 Millions Visit ARTW's Balance sheet
Arts Way Manufacturing Co Inc's Sales TTM $ 30 Millions Visit ARTW's Income Statement
Where are ARTW's Sales coming from? Visit ARTW'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
ARTW'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 ARTW's Competitors
Receivables Turnover Ratio for ARTW's Suppliers
Accounts Receivables Turnover Ratio for ARTW's Customers

You may also want to know
ARTW's Growth Rates ARTW's Roa ARTW's Inventory Turnover Ratio ARTW's Dividend Comparisons
ARTW's Profitability Ratios ARTW's Roi ARTW's Asset Turnover Ratio ARTW's Dividend Growth
ARTW's Valuation Ratios ARTW's Roe ARTW's Financial Strength Ratios ARTW'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
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
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
Agco Corp  8.89 $ 14,412.400  Millions$ 1,621.575  Millions
Fluence Energy Inc   8.67 $ 2,270.881  Millions$ 261.852  Millions
Aar Corp  8.62 $ 2,169.100  Millions$ 251.500  Millions

Date modified: 2024-02-28T20:55:59+00:00



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