CSIMarket
 


American Axle and Manufacturing Holdings Inc  (AXL)
Other Ticker:  
 
 

American Axle And Manufacturing Holdings Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Accounts Receivable turnover ratio remained unchanged during the first quarter 2024, compared to the previous quarter at 6.91 indicating more challenging environment then in the forth quarter 2023, but still, it is a far cry from any concerns. Average collection period, for American Axle And Manufacturing Holdings Inc's accounts receivable remained unchanged at 53 days, in the Mar 31 2024 quarter.

If we take a look into Consumer Discretionary sector 74 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1515, from overall ranking in the forth quarter 2023 at 1765.

What is Receivable Turnover Ratio?
What is American Axle And Manufacturing Holdings Inc Selling?


What is Receivable Turnover Ratio?




AXL Receivables Turnover Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Receivable Change 7.67 % -0.21 % -9.17 % -0.88 % -3.88 %
Y / Y Revenue Change 7.54 % 5.09 % 1.07 % 9.17 % 4.02 %
Receivable Turnover Ratio (TTM) 6.91 6.91 6.83 6.64 6.48
AXL's Total Ranking # 1515 # 1765 # 1988 # 2136 # 2228
Average receivable collection period 53 53 53 55 56
Seq. Receivable Change 17.35 % -7.54 % -3.9 % 3.25 % 8.77 %
Seq. Revenue Change 9.76 % -5.67 % -1.18 % 5.11 % 7.27 %


Receivable Turnover Company Ranking
Within: No.
Auto & Truck Parts Industry # 15
Consumer Discretionary Sector # 75
Overall Market # 1515

Receivable Turnover Ratio Statistics
High Average Low
6.91 6.37 6.06
(Dec 31 2023)   (Jun 30 2019)






Financial Statements
American Axle And Manufacturing Holdings Inc's Accounts Receivable $ 961 Millions Visit AXL's Balance sheet
American Axle And Manufacturing Holdings Inc's Sales TTM $ 6,192 Millions Visit AXL's Income Statement
Where are AXL's Sales coming from? Visit AXL's Sales by Geography

Other Accounts Receivable Turnover Ratios
Auto & Truck Parts Industry Accounts Receivable Turnover Trends and Statistics
Consumer Discretionary Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
AXL's Receivable Turnover Ratio versus Auto & Truck Parts Industry, Consumer Discretionary Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for AXL's Competitors
Receivables Turnover Ratio for AXL's Suppliers
Accounts Receivables Turnover Ratio for AXL's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Consumer Discretionary Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Receivable at quarter ending Mar 31 2024
Caleres inc  17.65 $ 2,813.318  Millions$ 159.377  Millions
Rivian Automotive Inc   17.63 $ 4,977.000  Millions$ 282.250  Millions
Wesco International Inc   17.06 $ 22,213.300  Millions$ 1,302.050  Millions
Patrick Industries Inc   15.73 $ 3,499.988  Millions$ 222.451  Millions
Capri Holdings Ltd  15.27 $ 5,170.000  Millions$ 338.500  Millions
Masterbrand Inc   15.01 $ 3,364.300  Millions$ 224.175  Millions
Yeti Holdings Inc   14.64 $ 1,697.129  Millions$ 115.905  Millions
Solo Brands Inc   14.37 $ 490.489  Millions$ 34.143  Millions
Ralph Lauren Corporation  14.27 $ 6,631.400  Millions$ 464.575  Millions
Energy Focus Inc  13.34 $ 5.620  Millions$ 0.421  Millions
Irobot Corporation  13.31 $ 880.302  Millions$ 66.117  Millions
Topgolf Callaway Brands Corp   12.85 $ 4,261.600  Millions$ 331.550  Millions
Holley Inc   12.81 $ 645.435  Millions$ 50.388  Millions
Lci Industries  12.63 $ 3,779.527  Millions$ 299.357  Millions
Kontoor Brands Inc   11.69 $ 2,571.551  Millions$ 220.036  Millions
Whirlpool Corp  11.42 $ 19,296.000  Millions$ 1,689.000  Millions
Nike Inc   11.34 $ 51,581.000  Millions$ 4,547.000  Millions
Lkq Corporation  11.31 $ 14,465.000  Millions$ 1,278.750  Millions
Lucid Group Inc   11.11 $ 618.579  Millions$ 55.673  Millions
Leatt Corporation  10.52 $ 96.661  Millions$ 9.185  Millions
Deckers Outdoor Corp  10.39 $ 3,733.419  Millions$ 359.221  Millions
Tempur Sealy International Inc   10.24 $ 4,905.200  Millions$ 479.225  Millions
The Dixie Group Inc  10.03 $ 274.513  Millions$ 27.371  Millions
Brunswick Corporation  9.98 $ 6,022.800  Millions$ 603.300  Millions
Pvh Corp   9.97 $ 9,011.700  Millions$ 903.700  Millions
Genuine Parts Co  9.64 $ 23,197.053  Millions$ 2,405.873  Millions
The Toro Company  9.13 $ 4,414.934  Millions$ 483.444  Millions
Levi Strauss and Co  9.07 $ 6,219.050  Millions$ 685.925  Millions
Livewire Group Inc   9.01 $ 35.239  Millions$ 3.913  Millions
Federal Signal Corporation  8.99 $ 1,762.100  Millions$ 196.075  Millions

Date modified: 2024-05-04T06:38:00+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com