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Myers Industries Inc   (MYE)
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Myers Industries Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Myers Industries Inc 's ability to collect accounts receivable sequentially worsen to 6.7, pointing to a challenging and on top of that deteriorating business climate for the Chemicals - Plastics & Rubber industry. Average collection period, for Myers Industries Inc 's accounts receivable remained unchanged at 54 days, in the Sep 30 2023 quarter.

If we take a look into Basic Materials sector 136 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2032, from overall ranking in the second quarter 2023 at 2034.

What is Receivable Turnover Ratio?
What is Myers Industries Inc Selling?


What is Receivable Turnover Ratio?




MYE Receivables Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Receivable Change -8.91 % -11.54 % -1.56 % 32.8 % 10.92 %
Y / Y Revenue Change -13.45 % -10.61 % -4.32 % 6.64 % 14 %
Receivable Turnover Ratio (TTM) 6.7 6.79 6.78 6.82 7.17
MYE's Total Ranking # 2032 # 2034 # 788 # 292 # 1701
Average receivable collection period 55 54 54 53 51
Seq. Receivable Change 0.51 % -10.6 % -2.32 % 3.79 % -2.4 %
Seq. Revenue Change -5.29 % -3.4 % 1.36 % -6.68 % -2.18 %


Receivable Turnover Company Ranking
Within: No.
Chemicals - Plastics & Rubber Industry # 12
Basic Materials Sector # 137
Overall Market # 2032

Receivable Turnover Ratio Statistics
High Average Low
7.85 7.03 6.01
(Mar 31 2019)   (June 30. 2015)






Financial Statements
Myers Industries Inc 's Accounts Receivable $ 117 Millions Visit MYE's Balance sheet
Myers Industries Inc 's Sales TTM $ 834 Millions Visit MYE's Income Statement
Where are MYE's Sales coming from? Visit MYE's Sales by Geography

Other Accounts Receivable Turnover Ratios
Chemicals - Plastics & Rubber Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
MYE's Receivable Turnover Ratio versus Chemicals - Plastics & Rubber Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for MYE's Competitors
Receivables Turnover Ratio for MYE's Suppliers
Accounts Receivables Turnover Ratio for MYE's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Basic Materials Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Manuka Inc   19.21 $ 0.687  Millions$ 0.036  Millions
Hecla Mining Company  18.76 $ 753.461  Millions$ 40.168  Millions
Xpel Inc   17.53 $ 368.846  Millions$ 21.044  Millions
Boise Cascade Company  16.28 $ 7,161.691  Millions$ 439.973  Millions
American Woodmark Corporation  16.26 $ 1,932.203  Millions$ 118.853  Millions
Louisiana pacific Corporation  15.66 $ 2,458.000  Millions$ 157.000  Millions
Azek Co Inc   15.59 $ 1,370.316  Millions$ 87.903  Millions
Freeport mcmoran Inc   15.52 $ 22,708.000  Millions$ 1,462.750  Millions
Centrus Energy Corp   15.12 $ 342.400  Millions$ 22.650  Millions
Procter and Gamble Co  14.53 $ 83,265.000  Millions$ 5,731.000  Millions
Mp Materials Corp   13.49 $ 305.485  Millions$ 22.643  Millions
Futurefuel Corp   13.18 $ 388.729  Millions$ 29.487  Millions
Church and Dwight Co Inc   13.03 $ 5,775.300  Millions$ 443.275  Millions
Alcoa Corp  12.63 $ 10,619.000  Millions$ 840.750  Millions
Karat Packaging Inc   12.38 $ 401.273  Millions$ 32.421  Millions
Quanex Building Products Corporation  12.15 $ 1,130.583  Millions$ 93.056  Millions
Techprecision Corporation  11.80 $ 33.185  Millions$ 2.813  Millions
Gevo inc   11.67 $ 13.371  Millions$ 1.146  Millions
It Tech Packaging Inc   11.49 $ 86.955  Millions$ 7.565  Millions
Mativ Holdings Inc   11.48 $ 3,178.400  Millions$ 276.750  Millions
Bluelinx Holdings Inc   11.46 $ 3,271.737  Millions$ 285.588  Millions
United States Steel Corp  11.43 $ 18,247.000  Millions$ 1,596.500  Millions
Novelis Inc   11.34 $ 16,796.000  Millions$ 1,480.500  Millions
Clearwater Paper Corporation  11.26 $ 2,096.600  Millions$ 186.175  Millions
Timkensteel Corporation  11.21 $ 1,332.400  Millions$ 118.900  Millions
Pactiv Evergreen Inc   11.10 $ 5,712.000  Millions$ 514.500  Millions
The Clorox Company  11.05 $ 7,035.000  Millions$ 636.750  Millions
Armstrong World Industries Inc   10.82 $ 1,286.500  Millions$ 118.925  Millions
Graphic Packaging Holding Co  10.60 $ 9,565.000  Millions$ 902.000  Millions
Friedman Industries Inc  10.53 $ 504.093  Millions$ 47.885  Millions

Date modified: 2023-11-02T13:30:12+00:00



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