Sono Tek Corp's ability to collect accounts receivable sequentially worsen to 11.46, indicating more challenging environment then in the second quarter 2025, but still, it is a far cry from any concerns. Sono Tek's Average receivable collection period in the Nov 30 2024 quarter, has increased to 32 days, from 29 days, in the Aug 31 2024 quarter.

If we take a look into Capital Goods sector Sono Tek Corp achieved the highest receivable turnover ratio. While receivables turnover ratio total ranking has improved thus far to 16, from overall ranking in the second quarter 2025 at 45.

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What is Receivable Turnover Ratio?

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Accounts Receivables Turnover▼

SOTK Receivables Turnover Ratio	(Nov 30 2024) III. Quarter	(Aug 31 2024) II. Quarter	(May 31 2024) I. Quarter	(Feb 29 2024) IV. Quarter	(Nov 30 2023) III. Quarter
Y / Y Receivable Change	29.34 %	31.09 %	22.79 %	-9.99 %	22.28 %
Y / Y Revenue Change	-8.78 %	-8.46 %	39.63 %	30.37 %	58.67 %
Receivable Turnover Ratio (TTM)	11.46	12.68	13.93	13.57	12.45
SOTK's Total Ranking	# 16	# 45	# 35	# 805	# 885
Average receivable collection period	32	29	26	27	29
Seq. Receivable Change	21.27 %	34.1 %	-4.7 %	-16.55 %	22.92 %
Seq. Revenue Change	0.56 %	2.6 %	5.52 %	-16.21 %	0.9 %

New: More SOTK's historic Receivables Turnover Ratios >>

Receivable Turnover Company Ranking
Within:	No.
Industrial Machinery and Components Industry	# 0
Capital Goods Sector	# 1
Overall Market	# 16

Receivable Turnover Ratio Statistics
High	Average	Low
13.93	11.1	9.05
(May 31 2024)		(May 31 2019)

SOTK Company Profile • Back to SOTK Efficiency Comparisons • Compare SOTK Receivables Turnover Ratio to its Competitors

Financial Statements
Sono Tek's Accounts Receivable	$ 2 Millions	Visit SOTK's Balance sheet
Sono Tek's Sales TTM	$ 20 Millions	Visit SOTK's Income Statement
Sources of SOTK's Revenues		Visit SOTK's Sales by Geography

Other Accounts Receivable Turnover Ratios
Industrial Machinery and Components Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SOTK's Receivable Turnover Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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SOTK's Growth Rates	SOTK's Roa	SOTK's Inventory Turnover Ratio	SOTK's Dividend Comparisons
SOTK's Profitability Ratios	SOTK's Roi	SOTK's Asset Turnover Ratio	SOTK's Dividend Growth
SOTK's Valuation Ratios	SOTK's Roe	SOTK's Financial Strength Ratios	SOTK's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Nov 30 2024, within Capital Goods Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Nov 30 2024	Receivable at quarter ending Nov 30 2024
Winnebago Industries Inc	14.55	$ 2,697.500 Millions	$ 185.450 Millions
Sono Tek Corp	11.46	$ 20.151 Millions	$ 1.758 Millions
Aar Corp	8.91	$ 2,594.700 Millions	$ 291.225 Millions
Taylor Devices Inc	7.08	$ 44.486 Millions	$ 6.282 Millions
Lindsay Corporation	4.72	$ 607.114 Millions	$ 128.747 Millions
Enerpac Tool Group Corp	4.10	$ 313.413 Millions	$ 76.465 Millions

Date modified: 2025-01-13T17:57:14+00:00

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