Summit Materials Inc 's ability to collect accounts receivable sequentially worsen to 8.06, indicating more challenging environment then in the second quarter 2024, but still, it is a far cry from any concerns. Average collection period, for Summit Materials Inc 's accounts receivable remained unchanged at 45 days, in the Sep 28 2024 quarter.

If we take a look into Basic Materials sector 166 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 28 2024 from 1542 to 2022.

What is Receivable Turnover Ratio?
What is Summit Materials Inc Selling?

What is Receivable Turnover Ratio?

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SUM Receivables Turnover Ratio	(Sep 28 2024) III. Quarter	(Jun 29 2024) II. Quarter	(Mar 30 2024) I. Quarter	(Dec 30 2023) IV. Quarter	(Sep 30 2023) III. Quarter
Y / Y Receivable Change	51.87 %	48.47 %	92.18 %	11.92 %	3.29 %
Y / Y Revenue Change	47.35 %	53.37 %	84.9 %	19.53 %	5.59 %
Receivable Turnover Ratio (TTM)	8.06	8.1	8.03	8.25	8.1
SUM's Total Ranking	# 2022	# 1542	# 1279	# 1626	# 1547
Accounts Receivable average collection period days	45	45	45	44	45
Seq. Receivable Change	3.79 %	20.99 %	58.28 %	-23.59 %	1.46 %
Seq. Revenue Change	4.73 %	38.91 %	21.95 %	-16.94 %	9 %

Receivable Turnover Company Ranking
Within:	No.
Construction Raw Materials Industry	# 10
Basic Materials Sector	# 167
Overall Market	# 2022

Receivable Turnover Ratio Statistics
High	Average	Low
0.61	0.56	0.5
(Oct 01 2022)		(Sep 28 2024)

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

Financial Statements
Summit Materials Inc 's Accounts Receivable	$ 571 Millions	Visit SUM's Balance sheet
Summit Materials Inc 's Sales TTM	$ 3,755 Millions	Visit SUM's Income Statement
Sources of SUM's Revenues		Visit SUM's Sales by Geography

Other Accounts Receivable Turnover Ratios
Construction Raw Materials Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SUM's Receivable Turnover Ratio versus Construction Raw Materials Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 28 2024, within Basic Materials Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 28 2024	Receivable at quarter ending Sep 28 2024
Hecla Mining Company	17.72	$ 840.189 Millions	$ 47.405 Millions
Newmont Corporation	17.25	$ 16,987.000 Millions	$ 984.500 Millions
Valvoline Inc	17.18	$ 1,618.800 Millions	$ 94.250 Millions
Gold Resource Corp	15.72	$ 72.630 Millions	$ 4.622 Millions
Boise Cascade Company	15.36	$ 6,799.497 Millions	$ 442.591 Millions
American Woodmark Corp	15.17	$ 1,785.957 Millions	$ 117.760 Millions
Lsb Industries Inc	14.81	$ 519.511 Millions	$ 35.074 Millions
Freeport mcmoran Inc	14.64	$ 25,640.000 Millions	$ 1,751.750 Millions
Xpel Inc	14.63	$ 416.706 Millions	$ 28.478 Millions
Ssr Mining Inc	14.41	$ 1,098.328 Millions	$ 76.195 Millions
Flotek Industries Inc	14.12	$ 176.299 Millions	$ 12.485 Millions
Karat Packaging Inc	13.30	$ 416.943 Millions	$ 31.356 Millions
Centrus Energy Corp	12.78	$ 392.600 Millions	$ 30.725 Millions
Alto Ingredients Inc	12.64	$ 1,017.882 Millions	$ 80.552 Millions
Techprecision Corp	12.48	$ 33.182 Millions	$ 2.659 Millions
Nano Magic Inc	12.19	$ 2.136 Millions	$ 0.175 Millions
Alcoa Corp	11.32	$ 11,004.000 Millions	$ 972.500 Millions
Cleveland cliffs Inc	11.31	$ 19,972.000 Millions	$ 1,766.000 Millions
Steel Dynamics Inc	11.19	$ 17,899.842 Millions	$ 1,599.253 Millions
Bluelinx Holdings Inc	11.06	$ 2,953.223 Millions	$ 267.060 Millions
United States Steel Corp	11.05	$ 16,275.000 Millions	$ 1,473.250 Millions
Lyondellbasell Industries N v	10.94	$ 40,734.000 Millions	$ 3,723.500 Millions
Quanex Building Products Corporation	10.88	$ 1,277.862 Millions	$ 117.408 Millions
Armstrong World Industries Inc	10.86	$ 1,389.700 Millions	$ 128.000 Millions
Friedman Industries Inc	10.79	$ 469.515 Millions	$ 43.518 Millions
Energy Fuels Inc	10.66	$ 38.657 Millions	$ 3.625 Millions
Metallus Inc	10.52	$ 1,170.900 Millions	$ 111.325 Millions
Mativ Holdings Inc	10.49	$ 1,972.800 Millions	$ 188.150 Millions
Pactiv Evergreen Inc	10.47	$ 5,197.000 Millions	$ 496.250 Millions
Nucor Corporation	10.31	$ 31,362.946 Millions	$ 3,043.191 Millions

Date modified: 2026-06-22T14:32:38+00:00

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