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Ashland Inc   (ASH)
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Ashland Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Ashland Inc 's ability to collect accounts receivable sequentially worsen to 6.13, indicating more challenging environment then in the third quarter 2023, but still, it is a far cry from any concerns. Ashland Inc 's Average receivable collection period in the Sep 30 2023 quarter, has increased to 60 days, from 59 days, in the Jun 30 2023 quarter.

If we take a look into Basic Materials sector 158 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2273, from overall ranking in the third quarter 2023 at 2274.

What is Receivable Turnover Ratio?
What is Ashland Inc Selling?


What is Receivable Turnover Ratio?




ASH Receivables Turnover Ratio (Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
(Sep 30 2022)
IV. Quarter
Y / Y Receivable Change -15.92 % -29.3 % -2.95 % 3.24 % 8.94 %
Y / Y Revenue Change -18.07 % -15.22 % -0.17 % 2.54 % 94.75 %
Receivable Turnover Ratio (TTM) 6.13 6.18 5.88 5.83 5.84
ASH's Total Ranking # 2273 # 2274 # 2062 # 688 # 2078
Average receivable collection period 60 59 62 63 62
Seq. Receivable Change -2.03 % -12.66 % 12.54 % -12.69 % -17.62 %
Seq. Revenue Change -5.31 % -9.45 % 14.86 % -16.8 % -2.02 %


Receivable Turnover Company Ranking
Within: No.
Chemical Manufacturing Industry # 40
Basic Materials Sector # 159
Overall Market # 2273

Receivable Turnover Ratio Statistics
High Average Low
8.45 5.54 4.04
(June 30. 2016)   (Mar 31 2018)




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