Taronis Technologies, Inc. Receivables Turnover Ratio (MNGA), from the third quarter 2019 to the third quarter 2018 current and historic results, rankings and more - CSIMarket
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Taronis Technologies, Inc.  (MNGA)
 

Taronis Technologies Accounts Receivables Turnover Ratio from the third quarter 2019 to the third quarter 2018

Quarterly Results, Trends, Rankings, Statistics


Taronis Technologies, Inc.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2019 to a ratio of 6.55, above the company average. This is a clear sign of healthy business climate in the Industrial Machinery and Components industry and improving liquidity at their respective customers, during the third quarter 2019. Average collection period, for Taronis Technologies's accounts receivable remained unchanged at 56 days, in the Sep 30 2019 quarter.

If we take a look into Capital Goods sector 235 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2019 from 2120 to 2608.

What is Receivable Turnover Ratio?
What is Taronis Technologies, Inc. Selling?


What is Receivable Turnover Ratio?





MNGA Receivables Turnover Ratio (Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
Y / Y Receivable Change 116.87 % 144.11 % 308.87 % 257.93 % 155.44 %
Y / Y Revenue Change 104.67 % 101.54 % 319.31 % - 195.48 %
Receivable Turnover Ratio (TTM) 6.55 6.52 6.35 5.85 8.62
MNGA's Total Ranking # 2608 # 2120 # 1590 # #
Accounts Receivable average collection period days 56 56 57 62 42
Seq. Receivable Change 8.04 % 5.46 % 89.23 % 0.59 % 21.6 %
Seq. Revenue Change -9.23 % 19.27 % - - -10.62 %


Receivable Turnover Company Ranking
Within: No.
Industrial Machinery and Components Industry # 83
Capital Goods Sector # 236
Overall Market # 2608

Receivable Turnover Ratio Statistics
High Average Low
0.45 0.19 0.05
(Sep 30 2018)   (Sep 30 2013)






Financial Statements
Taronis Technologies's Accounts Receivable $ 3 Millions Visit MNGA's Balance sheet
Taronis Technologies's Sales TTM $ 16 Millions Visit MNGA's Income Statement
Sources of MNGA's Revenues Visit MNGA'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
MNGA'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

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2019, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2019 Receivable at quarter ending Sep 30 2019
Amrep Corp   14.63 $ 21.582  Millions$ 1.475  Millions
Kb Home  14.50 $ 4,342.681  Millions$ 299.410  Millions
Fluor Corporation  14.33 $ 16,855.060  Millions$ 1,176.567  Millions
Sports Field Holdings, Inc.  14.19 $ 5.165  Millions$ 0.364  Millions
Greystone Logistics Inc   14.05 $ 71.536  Millions$ 5.090  Millions
Willis Lease Finance Corp  13.58 $ 438.122  Millions$ 32.262  Millions
Passur Aerospace Inc.  13.53 $ 15.046  Millions$ 1.112  Millions
Wabash National Corporation  13.27 $ 2,350.331  Millions$ 177.095  Millions
Exone Co  13.11 $ 61.047  Millions$ 4.655  Millions
Textron Inc   13.05 $ 13,345.000  Millions$ 1,022.500  Millions
Aerojet Rocketdyne Holdings Inc   12.95 $ 1,896.400  Millions$ 146.475  Millions
Astec Industries Inc   12.63 $ 1,203.394  Millions$ 95.296  Millions
Spirit Aerosystems Holdings inc   12.54 $ 7,739.100  Millions$ 617.025  Millions
Array Technologies Inc   12.33 $ 401.908  Millions$ 32.592  Millions
Bloom Energy Corporation  12.10 $ 728.779  Millions$ 60.206  Millions
Winnebago Industries Inc   11.96 $ 1,985.674  Millions$ 166.093  Millions
Sunrun Inc   11.91 $ 854.761  Millions$ 71.789  Millions
Originclear Inc   11.58 $ 3.656  Millions$ 0.316  Millions
Toughbuilt Industries Inc   11.09 $ 17.928  Millions$ 1.617  Millions
Vse Corporation  11.00 $ 738.352  Millions$ 67.139  Millions
Bantec Inc   10.96 $ 10.287  Millions$ 0.939  Millions
General Dynamics Corporation  10.64 $ 38,955.000  Millions$ 3,659.750  Millions
Cpi Aerostructures Inc   10.61 $ 90.312  Millions$ 8.513  Millions
Hillman Companies Inc   10.39 $ 1,206.151  Millions$ 116.033  Millions
Dynasil Corp Of America  10.34 $ 43.701  Millions$ 4.227  Millions
Sono Tek Corp  10.26 $ 12.259  Millions$ 1.194  Millions
Evoqua Water Technologies Corp   10.14 $ 2,476.414  Millions$ 244.271  Millions
Ducommun Incorporated  10.07 $ 698.345  Millions$ 69.328  Millions
Kratos Defense and Security Solutions inc   10.01 $ 698.700  Millions$ 69.825  Millions
Aar Corp  9.99 $ 2,127.000  Millions$ 212.825  Millions

Date modified: 2026-09-08T15:09:44+00:00



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