CSIMarket
 


Leonardo Drs Inc   (DRS)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 

Leonardo Drs Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Leonardo Drs Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 15.99, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Leonardo Drs Inc in Dec 31 2023 quarter, has decreased to 23 days, compared to 24 days, in the Sep 30 2023 quarter.

If we take a look into Capital Goods sector 23 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 402, from overall ranking in the third quarter 2023 at 779.

What is Receivable Turnover Ratio?
What is Leonardo Drs Inc Selling?


What is Receivable Turnover Ratio?




DRS Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -9.04 % 17.65 % 58.4 % 21.54 % 72.92 %
Y / Y Revenue Change 12.93 % 10.88 % 0.16 % -7.03 % 13.89 %
Receivable Turnover Ratio (TTM) 15.99 15.07 15.32 17.12 18.23
DRS's Total Ranking # 402 # 779 # 1184 # 386 # 1053
Average receivable collection period 23 24 24 21 20
Seq. Receivable Change -24.5 % 1.01 % 25.32 % -4.82 % -2.35 %
Seq. Revenue Change 31.72 % 11.94 % 10.37 % -30.61 % 29.34 %


Receivable Turnover Company Ranking
Within: No.
Aerospace & Defense Industry # 1
Capital Goods Sector # 24
Overall Market # 402

Receivable Turnover Ratio Statistics
High Average Low
33.51 20.7 15.07
(Sep 30 2021)   (Sep 30 2023)






Financial Statements
Leonardo Drs Inc 's Accounts Receivable $ 151 Millions Visit DRS's Balance sheet
Leonardo Drs Inc 's Sales TTM $ 2,826 Millions Visit DRS's Income Statement
Where are DRS's Sales coming from? Visit DRS'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
DRS'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 DRS's Competitors
Receivables Turnover Ratio for DRS's Suppliers
Accounts Receivables Turnover Ratio for DRS's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Beazer Homes Usa Inc   49.79 $ 2,147.687  Millions$ 43.139  Millions
Marine Products Corporation  40.94 $ 383.379  Millions$ 9.364  Millions
Lennar Corp  31.85 $ 34,233.366  Millions$ 1,074.679  Millions
Tri Pointe Homes Inc   27.68 $ 4,167.884  Millions$ 150.563  Millions
Phoenix Plus Corp   26.63 $ 0.997  Millions$ 0.037  Millions
Comfort Systems Usa inc   26.20 $ 5,206.760  Millions$ 198.735  Millions
Lockheed Martin Corporation  25.63 $ 67,571.000  Millions$ 2,636.750  Millions
Gencor Industries Inc   24.43 $ 104.746  Millions$ 4.288  Millions
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
Intuitive Machines Inc   13.30 $ 79.521  Millions$ 5.978  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

Date modified: 2024-02-28T20:45:34+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