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Sifco Industries Inc  (SIF)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates
 

Sifco Industries Inc Accounts Receivables Turnover Ratio from the second quarter 2024 to the second quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Sifco Industries Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 4.55, above the company average. This is a clear sign of healthy business climate in the Conglomerates industry and improving liquidity at their respective customers, during the second quarter 2024. Average receivable collection period, for the Sifco Industries Inc in Mar 31 2024 quarter, has decreased to 80 days, compared to 81 days, in the Dec 31 2023 quarter.

If we take a look into Conglomerates sector 2 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 746, from overall ranking in the first quarter 2024 at 1901.

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


What is Receivable Turnover Ratio?




SIF Receivables Turnover Ratio (Mar 31 2024)
II. Quarter
(Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
Y / Y Receivable Change 32.94 % 18.79 % 22.29 % 20.94 % -4.86 %
Y / Y Revenue Change 37.43 % -2.64 % 34.35 % 0.11 % -23.8 %
Receivable Turnover Ratio (TTM) 4.55 4.53 4.74 4.62 4.86
SIF's Total Ranking # 746 # 1901 # 780 # 781 # 2983
Average receivable collection period 80 81 77 79 75
Seq. Receivable Change 27.17 % -9.96 % -0 % 16.11 % 13.63 %
Seq. Revenue Change 24.07 % -17.17 % 16.55 % 14.73 % -12.11 %


Receivable Turnover Company Ranking
Within: No.
Conglomerates Industry # 3
Conglomerates Sector # 3
Overall Market # 746

Receivable Turnover Ratio Statistics
High Average Low
1.17 0.94 0.2
(Sep 30 2019)   (Dec. 30, 2014)






Financial Statements
Sifco Industries Inc's Accounts Receivable $ 23 Millions Visit SIF's Balance sheet
Sifco Industries Inc's Sales TTM $ 93 Millions Visit SIF's Income Statement
Where are SIF's Sales coming from? Visit SIF's Sales by Geography

Other Accounts Receivable Turnover Ratios
Conglomerates Industry Accounts Receivable Turnover Trends and Statistics
Conglomerates Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SIF's Receivable Turnover Ratio versus Conglomerates Industry, Conglomerates Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SIF's Competitors
Receivables Turnover Ratio for SIF's Suppliers
Accounts Receivables Turnover Ratio for SIF's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Conglomerates Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Receivable at quarter ending Mar 31 2024
Steel Partners Holdings L p   8.34 $ 1,936.432  Millions$ 232.322  Millions
Heico Corporation  7.63 $ 3,511.107  Millions$ 460.156  Millions
Rtx Corporation  6.91 $ 71,011.000  Millions$ 10,269.750  Millions
Dmc Global Inc   6.54 $ 701.063  Millions$ 107.150  Millions
Hamilton Beach Brands Holding Company  5.99 $ 624.701  Millions$ 104.277  Millions
Helen Of Troy Limited  5.03 $ 2,004.660  Millions$ 398.764  Millions
Acacia Research Corporation  4.98 $ 134.619  Millions$ 27.023  Millions
Honeywell International Inc  4.79 $ 36,903.000  Millions$ 7,708.250  Millions
Dolby Laboratories Inc   4.59 $ 1,268.463  Millions$ 276.117  Millions
Sifco Industries Inc  4.53 $ 92.974  Millions$ 20.513  Millions
Interdigital Inc   4.29 $ 610.757  Millions$ 142.322  Millions
Xcel Brands inc   2.78 $ 12.971  Millions$ 4.671  Millions
Digital Turbine Inc   2.70 $ 544.854  Millions$ 201.918  Millions

Date modified: 2024-05-11T17:49:30+00:00



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