CSIMarket
 


Flowserve Corp  (FLS)
Other Ticker:  
 
 

Flowserve Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2021

Quarterly Results, Trends, Rankings, Statistics


Flowserve Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 4.88, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Flowserve in Dec 31 2023 quarter, has decreased to 75 days, compared to 77 days, in the Sep 30 2023 quarter.

If we take a look into Capital Goods sector 67 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 699, from overall ranking in the third quarter 2023 at 2779.

What is Receivable Turnover Ratio?
What is Flowserve Corp Selling?


What is Receivable Turnover Ratio?




FLS 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 1.52 % 12.82 % 20.65 % 23.83 % 17.51 %
Y / Y Revenue Change 12.08 % 25.41 % 22.46 % 19.4 % 13 %
Receivable Turnover Ratio (TTM) 4.88 4.75 4.63 4.6 4.66
FLS's Total Ranking # 699 # 2779 # 2328 # 1133 # 876
Average receivable collection period 75 77 79 79 78
Seq. Receivable Change 1.5 % -2.14 % -1.8 % 4.09 % 12.79 %
Seq. Revenue Change 6.37 % 1.33 % 10.21 % -5.65 % 19.03 %


Receivable Turnover Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 8
Capital Goods Sector # 68
Overall Market # 699

Receivable Turnover Ratio Statistics
High Average Low
7.78 4.97 4.3
(Dec 31 2013)   (Dec 31 2016)






Financial Statements
Flowserve's Accounts Receivable $ 882 Millions Visit FLS's Balance sheet
Flowserve's Sales TTM $ 4,320 Millions Visit FLS's Income Statement
Where are FLS's Sales coming from? Visit FLS's Sales by Geography

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

You may also want to know
FLS's Growth Rates FLS's Roa FLS's Inventory Turnover Ratio FLS's Dividend Comparisons
FLS's Profitability Ratios FLS's Roi FLS's Asset Turnover Ratio FLS's Dividend Growth
FLS's Valuation Ratios FLS's Roe FLS's Financial Strength Ratios FLS'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
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
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
Redwire Corporation  8.94 $ 242.969  Millions$ 27.181  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
Ferguson Plc  8.56 $ 28,346.000  Millions$ 3,310.000  Millions
Terex Corp  8.23 $ 5,151.500  Millions$ 626.050  Millions
Watsco Inc   8.21 $ 7,283.767  Millions$ 887.269  Millions
Willis Lease Finance Corp  8.15 $ 418.555  Millions$ 51.378  Millions
Siteone Landscape Supply Inc   8.14 $ 4,301.200  Millions$ 528.600  Millions
Ameresco Inc   8.07 $ 1,374.429  Millions$ 170.362  Millions
Willdan Group inc   8.07 $ 509.767  Millions$ 63.195  Millions
Cricut Inc   7.99 $ 764.293  Millions$ 95.621  Millions
Astec Industries Inc   7.95 $ 1,337.800  Millions$ 168.325  Millions

Date modified: 2024-02-21T15:23:47+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