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Nov Inc Accounts Receivables Turnover Ratio from the first quarter 2025 to the first quarter 2024
Quarterly Results, Trends, Rankings, Statistics
Nov Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2025 to a ratio of 4.79, 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 first quarter 2025. Average receivable collection period, for the Nov Inc in Mar 31 2025 quarter, has decreased to 76 days, compared to 77 days, in the Dec 31 2024 quarter.
If we take a look into Basic Materials sector 82 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2025 from 631 to 924.
What is Receivable Turnover Ratio?
What is Nov Inc Selling?
What is Receivable Turnover Ratio?
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Accounts Receivables Turnover▼
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Accounts Receivables Turnover▼
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| NOV Receivables Turnover Ratio |
(Mar 31 2025)
I. Quarter |
(Dec 31 2024)
IV. Quarter |
(Sep 30 2024)
III. Quarter |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
| Y / Y Receivable Change |
-4.12 % |
-4.51 % |
-4.34 % |
-1.96 % |
5.12 % |
| Y / Y Revenue Change |
-2.41 % |
-1.49 % |
0.27 % |
5.88 % |
9.84 % |
| Receivable Turnover Ratio (TTM) |
4.79 |
4.77 |
4.74 |
4.68 |
4.59 |
| NOV's Total
Ranking |
# 924 |
# 631 |
# 994 |
# 1221 |
# 0 |
| Accounts Receivable average collection period days |
76 |
76 |
77 |
78 |
79 |
| Seq. Receivable Change |
-1.59 % |
-4.06 % |
2.27 % |
-0.7 % |
-1.99 % |
| Seq. Revenue Change |
-8.88 % |
5.34 % |
-1.13 % |
2.83 % |
-8.02 % |
| Receivable Turnover Ratio Statistics |
| High |
Average |
Low |
| 1.16 |
0.65 |
0.31 |
| (Dec 31 2013) |
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(Mar 31 2017) |
| Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2025, within Basic Materials Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Mar 31 2025 | Receivable at quarter ending Mar 31 2025 | | Piedmont Lithium Inc | 13.45 | $ 107.182 Millions | $ 7.968 Millions | | Flotek Industries Inc | 12.92 | $ 202.566 Millions | $ 15.683 Millions | | Bluelinx Holdings Inc | 11.15 | $ 2,936.077 Millions | $ 263.249 Millions | | Steel Dynamics Inc | 11.09 | $ 17,215.787 Millions | $ 1,551.800 Millions | | Cleveland cliffs Inc | 11.06 | $ 18,615.000 Millions | $ 1,682.500 Millions | | Centrus Energy Corp | 10.95 | $ 471.800 Millions | $ 43.075 Millions | | Broadwind Inc | 10.92 | $ 142.358 Millions | $ 13.038 Millions | | Alcoa Corp | 10.85 | $ 12,665.000 Millions | $ 1,166.750 Millions | | United States Steel Corp | 10.71 | $ 15,207.000 Millions | $ 1,419.750 Millions | | Armstrong World Industries Inc | 10.64 | $ 1,502.100 Millions | $ 141.150 Millions | | Nucor Corporation | 10.40 | $ 30,426.917 Millions | $ 2,925.567 Millions | | Lyondellbasell Industries N v | 10.20 | $ 38,482.000 Millions | $ 3,774.000 Millions | | Graphic Packaging Holding Co | 10.00 | $ 8,668.000 Millions | $ 867.000 Millions | | James Hardie Industries Plc | 9.90 | $ 3,877.500 Millions | $ 391.800 Millions | | Parker hannifin Corporation | 9.88 | $ 19,793.741 Millions | $ 2,002.834 Millions | | Ufp Industries inc | 9.86 | $ 6,609.750 Millions | $ 670.122 Millions | | Gulf Resources Inc | 9.82 | $ 7.958 Millions | $ 0.810 Millions | | Metallus Inc | 9.73 | $ 1,042.900 Millions | $ 107.150 Millions | | Advansix Inc | 9.66 | $ 1,558.519 Millions | $ 161.334 Millions | | Eagle Materials Inc | 9.66 | $ 2,260.508 Millions | $ 234.083 Millions | | Azz Inc | 9.65 | $ 1,577.744 Millions | $ 163.532 Millions | | Howmet Aerospace Inc | 9.58 | $ 7,548.000 Millions | $ 788.250 Millions | | Koppers Holdings Inc | 9.55 | $ 2,051.000 Millions | $ 214.675 Millions | | Gevo inc | 9.42 | $ 42.034 Millions | $ 4.463 Millions | | Matthews International Corp | 9.16 | $ 1,704.643 Millions | $ 186.060 Millions | | O i Glass Inc | 9.13 | $ 6,505.000 Millions | $ 712.250 Millions | | Ashland Inc | 9.11 | $ 1,949.000 Millions | $ 214.000 Millions | | Ryerson Holding Corporation | 9.07 | $ 4,495.200 Millions | $ 495.450 Millions | | Sealed Air Corp | 9.06 | $ 5,335.500 Millions | $ 589.100 Millions | | Mativ Holdings Inc | 9.05 | $ 1,965.900 Millions | $ 217.150 Millions |
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