Terran Orbital Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 14.71, above the company average. This is a clear sign of healthy business climate in the Aerospace & Defense industry and improving liquidity at their respective customers, during the second quarter 2024. Average collection period, for Terran Orbital's accounts receivable remained unchanged at 25 days, in the Jun 30 2024 quarter.

If we take a look into Capital Goods sector 153 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2024 from 573 to 1420.

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What is Terran Orbital Corporation Selling?

What is Receivable Turnover Ratio?

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LLAP Receivables Turnover Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Receivable Change	-22.35 %	-42.1 %	192.42 %	51.83 %	-70.84 %
Y / Y Revenue Change	-6.23 %	-2.74 %	16.88 %	104.87 %	161.38 %
Receivable Turnover Ratio (TTM)	14.71	14.44	14.07	18.2	18.43
LLAP's Total Ranking	# 1420	# 573	# 598	# 1362	#
Accounts Receivable average collection period days	25	25	26	20	20
Seq. Receivable Change	156.88 %	-88.86 %	-3.68 %	181.63 %	91.54 %
Seq. Revenue Change	11.09 %	-15.05 %	-27.67 %	37.38 %	15.22 %

Receivable Turnover Company Ranking
Within:	No.
Aerospace & Defense Industry	# 19
Capital Goods Sector	# 154
Overall Market	# 1420

Receivable Turnover Ratio Statistics
High	Average	Low
0.82	0.71	0.55
(Sep 30 2023)		(Mar 31 2023)

News about Terran Orbital Corporation Receivables Turnover Ratios

Terran Orbitals $254 Million Leap into the Future of Satellite Technology

In the escalating race to secure a foothold in space, the Terran Orbital Corporation is seizing the moment with a significant contract awarded by the Space Development Agency (SDA). The company’s subsidiary, Tyvak Nano-Satellite Systems, Inc., has been selected to develop a prototype capable of constructing ten advanced satellites as part of the Tranche 2 Transport Layer (T2TL) Gamma initiative. This ambitious agreement, valued at $254 million, not only reinforces Terran Orbital’s standing in the aerospace sector but also underscores the expanding role of private industry in national defense and space exploration.Based in Irvine, California, Terran Orbital has positioned itself at the forefront of satellite manufacturing, leveraging cutting-edge technology to deliver innovative solutions that respond to the ever-evolving needs of the aerospace and defense markets. The SDA s decision to partner with a company specializing in nano-satellite systems reflects a growing trend: as governments increasingly rely on agile, cost-effective technologies to bolster their defense capabilities, the synergy between private companies and public agencies becomes more apparent.

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

Financial Statements
Terran Orbital's Accounts Receivable	$ 4 Millions	Visit LLAP's Balance sheet
Terran Orbital's Sales TTM	$ 132 Millions	Visit LLAP's Income Statement
Sources of LLAP's Revenues		Visit LLAP'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
LLAP's Receivable Turnover Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Capital Goods Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Blue Bird Corporation	75.27	$ 1,300.487 Millions	$ 17.278 Millions
Thor Industries Inc	73.70	$ 10,042.962 Millions	$ 136.267 Millions
Lgi Homes Inc	60.25	$ 2,219.301 Millions	$ 36.834 Millions
Century Communities Inc	59.53	$ 4,082.997 Millions	$ 68.587 Millions
Sekisui House U s Inc	53.21	$ 5,132.930 Millions	$ 96.474 Millions
Orion Group Holdings Inc	47.97	$ 721.483 Millions	$ 15.039 Millions
Marine Products Corporation	41.68	$ 286.465 Millions	$ 6.873 Millions
Beazer Homes Usa Inc	41.29	$ 2,167.818 Millions	$ 52.497 Millions
Taylor Morrison Home Corp	37.98	$ 7,386.825 Millions	$ 194.483 Millions
Champion Homes Inc	36.27	$ 2,186.339 Millions	$ 60.274 Millions
Lennar Corp	35.74	$ 35,776.308 Millions	$ 1,001.073 Millions
Gencor Industries Inc	32.95	$ 112.162 Millions	$ 3.404 Millions
Rhino Bitcoin Inc	32.90	$ 1.088 Millions	$ 0.033 Millions
Tri Pointe Homes Inc	32.67	$ 4,743.838 Millions	$ 145.203 Millions
Dream Homes and Development Corporation	32.40	$ 5.597 Millions	$ 0.173 Millions
Shyft Group Inc	31.01	$ 792.467 Millions	$ 25.557 Millions
Lockheed Martin Corporation	29.23	$ 71,069.000 Millions	$ 2,431.000 Millions
Gaucho Group Holdings Inc	28.85	$ 2.007 Millions	$ 0.070 Millions
Mastercraft Boat Holdings Inc	26.90	$ 366.097 Millions	$ 13.611 Millions
Comfort Systems Usa inc	24.84	$ 6,082.996 Millions	$ 244.907 Millions
Esgen Acquisition Corp	24.53	$ 90.388 Millions	$ 3.684 Millions
Byrna Technologies Inc	23.77	$ 57.997 Millions	$ 2.440 Millions
Energy Vault Holdings Inc	20.51	$ 301.279 Millions	$ 14.687 Millions
Cavco Industries Inc	20.49	$ 1,795.429 Millions	$ 87.646 Millions
Dragonfly Energy Holdings Corp	18.33	$ 50.823 Millions	$ 2.772 Millions
Kb Home	18.16	$ 6,438.578 Millions	$ 354.554 Millions
Leonardo Drs Inc	16.75	$ 3,070.000 Millions	$ 183.250 Millions
Winnebago Industries Inc	16.71	$ 3,219.200 Millions	$ 192.675 Millions
Malibu Boats Inc	16.41	$ 828.095 Millions	$ 50.461 Millions
L3harris Technologies Inc	16.31	$ 20,765.000 Millions	$ 1,273.250 Millions

Date modified: 2026-09-08T15:11:21+00:00

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