Hardinge Inc.'s ability to collect accounts receivable sequentially worsen to 5.56, indicating more challenging environment then in the fourth quarter 2017, but still, it is a far cry from any concerns. Hardinge's Accounts Receivable average collection period in the Mar 31 2018 quarter, has increased to 66 days, from 64 days, in the Dec 31 2017 quarter.

If we take a look into Capital Goods sector 108 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1201, from overall ranking in the fourth quarter 2017 at 2808.

What is Receivable Turnover Ratio?
What is Hardinge Inc. Selling?

What is Receivable Turnover Ratio?

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HDNG Receivables Turnover Ratio	(Mar 31 2018) I. Quarter	(Dec 31 2017) IV. Quarter	(Sep 30 2017) III. Quarter	(Jun 30 2017) II. Quarter	(Mar 31 2017) I. Quarter
Y / Y Receivable Change	33.45 %	11.21 %	28.69 %	22.3 %	-6.76 %
Y / Y Revenue Change	23.74 %	3.9 %	26.45 %	11.41 %	-4.81 %
Receivable Turnover Ratio (TTM)	5.56	5.67	5.77	5.81	5.94
HDNG's Total Ranking	# 1201	# 2808	# 2808	# 2808	# 2807
Accounts Receivable average collection period days	66	64	63	63	61
Seq. Receivable Change	0.54 %	1.73 %	10.31 %	18.27 %	-16.21 %
Seq. Revenue Change	-11.41 %	6.1 %	8.69 %	21.13 %	-25.62 %

Receivable Turnover Company Ranking
Within:	No.
Industrial Machinery and Components Industry	# 28
Capital Goods Sector	# 109
Overall Market	# 1201

Receivable Turnover Ratio Statistics
High	Average	Low
1.05	0.99	0.95
(Mar 31 2018)		(Sep 30 2014)

HDNG Company Profile • Back to HDNG Efficiency Comparisons • Compare HDNG Receivables Turnover Ratio to its Competitors

Financial Statements
Hardinge's Accounts Receivable	$ 62 Millions	Visit HDNG's Balance sheet
Hardinge's Sales TTM	$ 333 Millions	Visit HDNG's Income Statement
Sources of HDNG's Revenues		Visit HDNG's Sales by Geography

Other Accounts Receivable Turnover Ratios
Industrial Machinery and Components Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
HDNG's Receivable Turnover Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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HDNG's Profitability Ratios	HDNG's Roi	HDNG's Asset Turnover Ratio	HDNG's Dividend Growth
HDNG's Valuation Ratios	HDNG's Roe	HDNG's Financial Strength Ratios	HDNG's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2018, within Capital Goods Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2018	Receivable at quarter ending Mar 31 2018
Argan Inc	14.74	$ 803.692 Millions	$ 54.527 Millions
Willis Lease Finance Corp	14.70	$ 267.391 Millions	$ 18.192 Millions
Nobility Homes Inc	14.63	$ 37.492 Millions	$ 2.563 Millions
Winnebago Industries Inc	14.23	$ 1,849.680 Millions	$ 129.940 Millions
Pct Ltd	14.07	$ 0.154 Millions	$ 0.011 Millions
Wabash National Corporation	12.33	$ 1,895.764 Millions	$ 153.803 Millions
Fluor Corporation	12.28	$ 18,130.618 Millions	$ 1,476.182 Millions
Passur Aerospace Inc.	12.01	$ 13.847 Millions	$ 1.153 Millions
Gaucho Group Holdings Inc	11.86	$ 2.477 Millions	$ 0.209 Millions
Textron Inc	11.40	$ 14,401.000 Millions	$ 1,263.250 Millions
Greystone Logistics Inc	11.23	$ 46.358 Millions	$ 4.126 Millions
Byrna Technologies Inc	10.90	$ 0.278 Millions	$ 0.026 Millions
Arts Way Manufacturing Co Inc	10.71	$ 21.659 Millions	$ 2.023 Millions
Sono Tek Corp	10.61	$ 11.008 Millions	$ 1.037 Millions
Great Lakes Dredge and Dock Corporation	10.49	$ 678.510 Millions	$ 64.700 Millions
Aerojet Rocketdyne Holdings Inc	10.43	$ 1,963.900 Millions	$ 188.350 Millions
Flux Power Holdings Inc	10.42	$ 3.142 Millions	$ 0.302 Millions
Hillman Companies Inc	10.24	$ 857.184 Millions	$ 83.743 Millions
Dream Homes and Development Corporation	10.18	$ 2.595 Millions	$ 0.255 Millions
Dynasil Corp Of America	10.11	$ 37.500 Millions	$ 3.709 Millions
Ameresco Inc	9.66	$ 749.952 Millions	$ 77.663 Millions
Cvd Equipment Corporation	9.59	$ 40.632 Millions	$ 4.237 Millions
Vse Corporation	9.58	$ 739.716 Millions	$ 77.224 Millions
The Manitowoc Company Inc	9.57	$ 1,661.600 Millions	$ 173.600 Millions
Huntington Ingalls Industries Inc	9.57	$ 7,591.000 Millions	$ 793.250 Millions
Chicago Bridge & Iron Co N V	9.46	$ 6,591.597 Millions	$ 697.033 Millions
Compx International inc	9.41	$ 110.507 Millions	$ 11.748 Millions
Triumph Group Inc	9.33	$ 3,198.951 Millions	$ 342.927 Millions
Astec Industries Inc	9.30	$ 1,191.791 Millions	$ 128.179 Millions
Spirit Aerosystems Holdings inc	9.15	$ 7,025.000 Millions	$ 767.575 Millions

Date modified: 2026-09-08T15:09:10+00:00

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