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Astronics Corporation  (ATRO)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 

Astronics Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Astronics Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 4.17, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Astronics in Sep 30 2023 quarter, has decreased to 88 days, compared to 89 days, in the Jul 01 2023 quarter.

If we take a look into Capital Goods sector 151 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2086, from overall ranking in the second quarter 2023 at 2975.

What is Receivable Turnover Ratio?
What is Astronics Corporation Selling?


What is Receivable Turnover Ratio?




ATRO Receivables Turnover Ratio (Sep 30 2023)
III. Quarter
(Jul 01 2023)
II. Quarter
(Apr 01 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Oct 01 2022)
III. Quarter
Y / Y Receivable Change 14.29 % 44.33 % 29.68 % 37.56 % 24.28 %
Y / Y Revenue Change 23.77 % 34.95 % 35 % 36.02 % 17.48 %
Receivable Turnover Ratio (TTM) 4.17 4.1 4.16 4.13 4.13
ATRO's Total Ranking # 2086 # 2975 # 2761 # 3002 # 1424
Average receivable collection period 87 89 88 88 88
Seq. Receivable Change -10.45 % 12.1 % 3.1 % 10.43 % 13.09 %
Seq. Revenue Change -6.38 % 10.98 % -0.85 % 20.14 % 2.08 %


Receivable Turnover Company Ranking
Within: No.
Aerospace & Defense Industry # 19
Capital Goods Sector # 152
Overall Market # 2086

Receivable Turnover Ratio Statistics
High Average Low
7.24 5.22 4.1
(June 30. 2015)   (Jul 01 2023)






Financial Statements
Astronics's Accounts Receivable $ 153 Millions Visit ATRO's Balance sheet
Astronics's Sales TTM $ 651 Millions Visit ATRO's Income Statement
Where are ATRO's Sales coming from? Visit ATRO's Sales by Geography

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

You may also want to know
ATRO's Growth Rates ATRO's Roa ATRO's Inventory Turnover Ratio ATRO's Dividend Comparisons
ATRO's Profitability Ratios ATRO's Roi ATRO's Asset Turnover Ratio ATRO's Dividend Growth
ATRO's Valuation Ratios ATRO's Roe ATRO's Financial Strength Ratios ATRO'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
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
Arts Way Manufacturing Co Inc  8.77 $ 32.391  Millions$ 3.695  Millions
The Gorman rupp Company  8.76 $ 644.625  Millions$ 73.580  Millions
Ferguson Plc  8.61 $ 29,604.000  Millions$ 3,439.250  Millions
Nauticus Robotics Inc   8.54 $ 13.996  Millions$ 1.639  Millions
Aar Corp  8.50 $ 2,093.500  Millions$ 246.225  Millions
Velo3d Inc   8.37 $ 105.536  Millions$ 12.603  Millions
Terex Corp  8.35 $ 5,229.200  Millions$ 625.975  Millions
The Manitowoc Company Inc   8.34 $ 2,252.700  Millions$ 269.950  Millions
Watsco Inc   8.30 $ 7,261.793  Millions$ 874.589  Millions
Amprius Technologies Inc   8.17 $ 8.702  Millions$ 1.065  Millions

Date modified: 2023-11-13T22:59:40+00:00



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