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Technipfmc Plc  (FTI)
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Technipfmc Plc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Technipfmc Plc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 6.52, above the company average. This is a clear sign of healthy business climate in the Miscellaneous Fabricated Products industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Technipfmc Plc in Dec 31 2023 quarter, has decreased to 56 days, compared to 57 days, in the Sep 30 2023 quarter.

If we take a look into Basic Materials sector 105 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1217, from overall ranking in the third quarter 2023 at 2404.

What is Receivable Turnover Ratio?
What is Technipfmc Plc Selling?


What is Receivable Turnover Ratio?




FTI 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 17.75 % 26.28 % 9.87 % 10.65 % 5.99 %
Y / Y Revenue Change 22.62 % 18.69 % 14.85 % 10.39 % 11.23 %
Receivable Turnover Ratio (TTM) 6.52 6.43 6.54 6.47 6.48
FTI's Total Ranking # 1217 # 2404 # 2396 # 2050 # 2050
Average receivable collection period 56 57 56 56 56
Seq. Receivable Change -14.07 % 9.8 % 6.79 % 16.86 % -7.85 %
Seq. Revenue Change 1.01 % 4.29 % 14.84 % 1.36 % -2.23 %


Receivable Turnover Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 21
Basic Materials Sector # 106
Overall Market # 1217

Receivable Turnover Ratio Statistics
High Average Low
9.35 4.93 3.6
(Sep. 30, 2015)   (Sep. 30, 2014)






Financial Statements
Technipfmc Plc's Accounts Receivable $ 1,138 Millions Visit FTI's Balance sheet
Technipfmc Plc's Sales TTM $ 7,824 Millions Visit FTI's Income Statement
Where are FTI's Sales coming from? Visit FTI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Miscellaneous Fabricated Products Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
FTI's Receivable Turnover Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for FTI's Competitors
Receivables Turnover Ratio for FTI's Suppliers
Accounts Receivables Turnover Ratio for FTI's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Basic Materials Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Methanex Corporation  18.81 $ 3,723.475  Millions$ 197.967  Millions
Xpel Inc   16.78 $ 395.414  Millions$ 23.565  Millions
Freeport mcmoran Inc   15.98 $ 22,855.000  Millions$ 1,430.000  Millions
Louisiana pacific Corporation  15.74 $ 2,581.000  Millions$ 164.000  Millions
Boise Cascade Company  15.73 $ 6,308.944  Millions$ 401.042  Millions
Procter and Gamble Co  14.65 $ 83,933.000  Millions$ 5,731.000  Millions
Solaris Oilfield Infrastructure inc   13.29 $ 292.947  Millions$ 22.049  Millions
Iamgold Corporation  12.94 $ 987.100  Millions$ 76.300  Millions
Karat Packaging Inc   12.70 $ 405.043  Millions$ 31.884  Millions
Centrus Energy Corp   12.57 $ 320.100  Millions$ 25.475  Millions
Futurefuel Corp   12.15 $ 364.979  Millions$ 30.033  Millions
Quanex Building Products Corporation  12.05 $ 1,107.822  Millions$ 91.904  Millions
Ur energy Inc   12.05 $ 17.679  Millions$ 1.467  Millions
Mp Materials Corp   11.95 $ 253.445  Millions$ 21.211  Millions
United States Steel Corp  11.76 $ 18,053.000  Millions$ 1,535.250  Millions
Novelis Inc   11.31 $ 16,530.000  Millions$ 1,461.750  Millions
Clearwater Paper Corporation  11.25 $ 2,082.800  Millions$ 185.100  Millions
Bluelinx Holdings Inc   11.21 $ 3,136.017  Millions$ 279.802  Millions
The Clorox Company  11.13 $ 7,310.000  Millions$ 656.500  Millions
Lyondellbasell Industries N v   10.66 $ 39,063.000  Millions$ 3,665.250  Millions
Graphic Packaging Holding Co  10.58 $ 9,428.000  Millions$ 891.000  Millions
Friedman Industries Inc  10.54 $ 508.205  Millions$ 48.223  Millions
Cleveland cliffs Inc   10.39 $ 21,996.000  Millions$ 2,117.000  Millions
Gevo inc   10.22 $ 17.200  Millions$ 1.683  Millions
Ssr Mining Inc   10.13 $ 1,426.927  Millions$ 140.913  Millions
Insteel Industries Inc  10.09 $ 602.769  Millions$ 59.754  Millions
Smart Sand Inc   10.08 $ 295.973  Millions$ 29.372  Millions
Steel Dynamics Inc   9.96 $ 18,794.883  Millions$ 1,887.325  Millions
Ufp Industries inc   9.86 $ 7,217.938  Millions$ 732.068  Millions
Olympic Steel Inc  9.77 $ 2,158.163  Millions$ 220.958  Millions

Date modified: 2024-02-28T14:37:40+00:00



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