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Power Solutions International Inc (NASDAQ: PSIX) |
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Power Solutions International Inc Accounts Receivables Turnover Ratio from the forth quarter 2024 to the forth quarter 2023
Quarterly Results, Trends, Rankings, Statistics
Power Solutions International Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2024 to a ratio of 7.32, above the company average. This is a clear sign of healthy business climate in the Auto & Truck Parts industry and improving liquidity at their respective customers, during the forth quarter 2024. Average receivable collection period, for the Power Solutions International Inc in Dec 31 2024 quarter, has decreased to 50 days, compared to 54 days, in the Sep 30 2024 quarter.
If we take a look into Consumer Discretionary sector 22 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 378, from overall ranking in the third quarter 2024 at 1900.
What is Receivable Turnover Ratio?
What is Power Solutions International 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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PSIX Receivables Turnover Ratio |
(Dec 31 2024) IV. Quarter |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
Y / Y Receivable Change |
2.95 % |
8.5 % |
-17.82 % |
-40.67 % |
-25.49 % |
Y / Y Revenue Change |
36.26 % |
9.15 % |
-8.9 % |
-18.64 % |
-22.24 % |
Receivable Turnover Ratio (TTM) |
7.32 |
6.77 |
6.77 |
6.58 |
6.12 |
PSIX's Total
Ranking |
# 378 |
# 1900 |
# 285 |
# 361 |
# 1488 |
Accounts Receivable average collection period days |
50 |
54 |
54 |
56 |
60 |
Seq. Receivable Change |
-11.01 % |
20.59 % |
30.37 % |
-26.41 % |
-6.22 % |
Seq. Revenue Change |
15.74 % |
13.83 % |
16.29 % |
-11.06 % |
-7.28 % |
Receivable Turnover Ratio Statistics |
High |
Average |
Low |
2.19 |
1.64 |
1.11 |
(Dec. 30, 2013) |
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(Mar 31 2016) |
Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Consumer Discretionary Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Dec 31 2024 | Receivable at quarter ending Dec 31 2024 | Wesco International Inc | 17.53 | $ 21,818.800 Millions | $ 1,244.800 Millions | Purple Innovation Inc | 16.87 | $ 487.877 Millions | $ 28.913 Millions | Oxford Industries Inc | 16.69 | $ 1,516.571 Millions | $ 90.865 Millions | Worksport Ltd | 16.57 | $ 7.906 Millions | $ 0.477 Millions | Xpeng Inc | 16.39 | $ 6,068.647 Millions | $ 370.261 Millions | La z boy Incorporated | 16.21 | $ 2,092.439 Millions | $ 129.098 Millions | Caleres Inc | 15.97 | $ 2,722.042 Millions | $ 170.405 Millions | Volcon Inc | 15.80 | $ 4.037 Millions | $ 0.256 Millions | Capri Holdings Ltd | 15.47 | $ 4,630.000 Millions | $ 299.250 Millions | Patrick Industries Inc | 15.41 | $ 3,714.890 Millions | $ 241.005 Millions | Rivian Automotive Inc | 15.32 | $ 4,970.000 Millions | $ 324.500 Millions | Superior Industries International Inc | 14.89 | $ 1,266.534 Millions | $ 85.072 Millions | Ralph Lauren Corporation | 14.02 | $ 6,949.600 Millions | $ 495.750 Millions | Yeti Holdings inc | 13.77 | $ 1,829.284 Millions | $ 132.816 Millions | Topgolf Callaway Brands Corp | 13.29 | $ 4,239.300 Millions | $ 319.100 Millions | Deckers Outdoor Corp | 13.06 | $ 5,138.300 Millions | $ 393.491 Millions | Holley Inc | 12.98 | $ 601.544 Millions | $ 46.349 Millions | Masterbrand Inc | 12.78 | $ 2,700.400 Millions | $ 211.250 Millions | Lci Industries | 12.51 | $ 3,741.208 Millions | $ 299.048 Millions | Rev Group Inc | 12.37 | $ 2,318.200 Millions | $ 187.400 Millions | Solo Brands Inc | 11.84 | $ 454.264 Millions | $ 38.380 Millions | Kontoor Brands Inc | 11.35 | $ 2,607.578 Millions | $ 229.687 Millions | Livewire Group Inc | 11.17 | $ 26.633 Millions | $ 2.385 Millions | Lkq Corporation | 11.01 | $ 14,355.000 Millions | $ 1,303.750 Millions | Flexsteel Industries Inc | 10.82 | $ 429.954 Millions | $ 39.728 Millions | Whirlpool Corp | 10.61 | $ 16,607.000 Millions | $ 1,565.750 Millions | Irobot Corporation | 10.55 | $ 681.849 Millions | $ 64.660 Millions | Nike Inc | 10.30 | $ 48,978.000 Millions | $ 4,754.750 Millions | The Dixie Group Inc | 9.99 | $ 265.026 Millions | $ 26.537 Millions | Levi Strauss and Co | 9.65 | $ 6,354.900 Millions | $ 658.225 Millions |
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