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Nextracker Inc   (NXT)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 

Nextracker Inc Accounts Receivables Turnover Ratio from the third quarter 2024 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Nextracker Inc 's ability to collect accounts receivable sequentially worsen to 10.46, indicating more challenging environment then in the second quarter 2024, but still, it is a far cry from any concerns. Average collection period, for Nextracker Inc 's accounts receivable remained unchanged at 35 days, in the Dec 31 2023 quarter.

If we take a look into Capital Goods sector Nextracker Inc achieved the highest receivable turnover ratio. While receivables turnover ratio total ranking has improved thus far to 23, from overall ranking in the second quarter 2024 at 233.

What is Receivable Turnover Ratio?
What is Nextracker Inc Selling?


What is Receivable Turnover Ratio?




NXT Receivables Turnover Ratio (Dec 31 2023)
III. Quarter
(Sep 29 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Receivable Change 27.81 % - - - -
Y / Y Revenue Change 38.38 % - - - -
Receivable Turnover Ratio (TTM) 10.46 10.49 12.22 13.66 7.19
NXT's Total Ranking # 23 # 233 # 0 # 0 # 0
Average receivable collection period 35 35 30 27 51
Seq. Receivable Change 5.37 % 55.63 % -17.85 % -5.12 % -
Seq. Revenue Change 23.91 % 19.56 % -65.47 % 170.52 % -


Receivable Turnover Company Ranking
Within: No.
Aerospace & Defense Industry # 0
Capital Goods Sector # 1
Overall Market # 23

Receivable Turnover Ratio Statistics
High Average Low
1.86 1.8 1.75
(Sep 29 2023)   (Dec 31 2023)






Financial Statements
Nextracker Inc 's Accounts Receivable $ 365 Millions Visit NXT's Balance sheet
Nextracker Inc 's Sales TTM $ 3,152 Millions Visit NXT's Income Statement
Where are NXT's Sales coming from? Visit NXT'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
NXT's Receivable Turnover Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for NXT's Competitors
Receivables Turnover Ratio for NXT's Suppliers
Accounts Receivables Turnover Ratio for NXT's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Energy Vault Holdings Inc   21.63 $ 341.531  Millions$ 15.791  Millions
Malibu Boats Inc   20.09 $ 1,213.621  Millions$ 60.414  Millions
Cavco Industries Inc   20.06 $ 1,851.054  Millions$ 92.280  Millions
Greystone Logistics Inc   19.35 $ 61.459  Millions$ 3.176  Millions
Kb Home  18.56 $ 6,410.629  Millions$ 345.348  Millions
Stantec Inc   18.15 $ 3,880.709  Millions$ 213.867  Millions
Leonardo Drs Inc   15.99 $ 2,826.000  Millions$ 176.750  Millions
Winnebago Industries Inc   15.48 $ 3,300.700  Millions$ 213.175  Millions
L3harris Technologies Inc   14.50 $ 19,419.000  Millions$ 1,339.250  Millions
Fluor Corporation  13.85 $ 15,573.000  Millions$ 1,124.250  Millions
Huntington Ingalls Industries Inc   13.64 $ 11,454.000  Millions$ 840.000  Millions
Intuitive Machines Inc   13.30 $ 79.521  Millions$ 5.978  Millions
Sono Tek Corp  12.45 $ 18.589  Millions$ 1.493  Millions
Enovix Corporation  12.20 $ 7.583  Millions$ 0.622  Millions
Hillman Solutions Corp   12.19 $ 1,476.477  Millions$ 121.154  Millions
Northrop Grumman Corp  12.03 $ 39,290.000  Millions$ 3,267.000  Millions
Acorn Energy Inc   11.78 $ 8.305  Millions$ 0.705  Millions
Wabash National Corporation  11.50 $ 2,536.187  Millions$ 220.629  Millions
Sunrun Inc   11.37 $ 2,259.813  Millions$ 198.749  Millions
Byrna Technologies Inc   11.14 $ 41.647  Millions$ 3.739  Millions
Nextracker Inc   10.46 $ 3,152.093  Millions$ 301.461  Millions
Legacy Housing Corporation  10.19 $ 189.144  Millions$ 18.556  Millions
Stanley Black and Decker Inc   10.12 $ 15,781.100  Millions$ 1,559.975  Millions
Concrete Leveling Systems Inc   9.63 $ 0.001  Millions$ 0.000  Millions
Ies Holdings Inc   9.40 $ 2,436.797  Millions$ 259.109  Millions
Textron Inc   9.27 $ 13,683.000  Millions$ 1,475.750  Millions
Compx International inc  9.14 $ 161.219  Millions$ 17.630  Millions
The Gorman rupp Company  9.07 $ 659.253  Millions$ 72.721  Millions
Redwire Corporation  8.94 $ 242.969  Millions$ 27.181  Millions
Agco Corp  8.89 $ 14,412.400  Millions$ 1,621.575  Millions

Date modified: 2024-02-07T14:41:29+00:00



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