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Sypris Solutions Inc   (SYPR)
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Sypris Solutions Inc Accounts Receivables Turnover Ratio from the second quarter 2023 to the second quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Sypris Solutions Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2023 to a ratio of 12.72, above the company average. This is a clear sign of healthy business climate in the Electronic Instruments & Controls industry and improving liquidity at their respective customers, during the second quarter 2023. Average collection period, for Sypris Solutions Inc 's accounts receivable remained unchanged at 29 days, in the Jul 02 2023 quarter.

If we take a look into Technology sector 85 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jul 02 2023 from 592 to 819.

What is Receivable Turnover Ratio?
What is Sypris Solutions Inc Selling?


What is Receivable Turnover Ratio?




SYPR Receivables Turnover Ratio (Jul 02 2023)
II. Quarter
(Apr 02 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Oct 02 2022)
III. Quarter
(Jul 03 2022)
II. Quarter
Y / Y Receivable Change 13.96 % -18.21 % -4.76 % -22.78 % -9.55 %
Y / Y Revenue Change 23.75 % 26.08 % 14.12 % -2.77 % 10.82 %
Receivable Turnover Ratio (TTM) 12.72 12.43 11.01 10.53 9.95
SYPR's Total Ranking # 819 # 592 # 592 # 1360 # 524
Average receivable collection period 29 29 33 35 37
Seq. Receivable Change 0.76 % 32.94 % -8.9 % -6.6 % -27.69 %
Seq. Revenue Change 10.74 % 9.23 % 17.91 % -13.23 % 12.82 %


Receivable Turnover Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 8
Technology Sector # 86
Overall Market # 819

Receivable Turnover Ratio Statistics
High Average Low
2.24 1.48 1.08
(Dec. 30, 2014)   (Oct 01 2023)






Financial Statements
Sypris Solutions Inc 's Accounts Receivable $ 11 Millions Visit SYPR's Balance sheet
Sypris Solutions Inc 's Sales TTM $ 122 Millions Visit SYPR's Income Statement
Where are SYPR's Sales coming from? Visit SYPR's Sales by Geography

Other Accounts Receivable Turnover Ratios
Electronic Instruments & Controls Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SYPR's Receivable Turnover Ratio versus Electronic Instruments & Controls Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SYPR's Competitors
Receivables Turnover Ratio for SYPR's Suppliers
Accounts Receivables Turnover Ratio for SYPR's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jul 02 2023, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Jul 02 2023 Receivable at quarter ending Jul 02 2023
Appfolio Inc   30.93 $ 532.312  Millions$ 17.209  Millions
Intapp Inc   30.85 $ 350.411  Millions$ 11.360  Millions
Clearsign Technologies Corporation  27.53 $ 1.418  Millions$ 0.052  Millions
Onfolio Holdings Inc   26.17 $ 4.882  Millions$ 0.187  Millions
Ooma Inc   25.79 $ 203.740  Millions$ 7.901  Millions
Blackboxstocks Inc   25.11 $ 3.884  Millions$ 0.155  Millions
Data I  24.65 $ 29.112  Millions$ 1.181  Millions
Power Integrations Inc   22.98 $ 514.523  Millions$ 22.393  Millions
Vpr Brands Lp  22.29 $ 7.942  Millions$ 0.356  Millions
Upay Inc   21.47 $ 1.317  Millions$ 0.061  Millions
Skillz Inc   21.20 $ 187.485  Millions$ 8.845  Millions
Gen Digital Inc   21.14 $ 3,345.347  Millions$ 158.250  Millions
Snap One Holdings Corp   20.74 $ 1,075.919  Millions$ 51.866  Millions
Engagesmart Inc   19.69 $ 344.900  Millions$ 17.517  Millions
Ziprecruiter Inc   19.62 $ 790.940  Millions$ 40.306  Millions
Paycor Hcm Inc   18.96 $ 552.692  Millions$ 29.149  Millions
Icoreconnect Inc   18.74 $ 7.629  Millions$ 0.407  Millions
Intuit Inc   18.70 $ 14,368.000  Millions$ 768.250  Millions
Alpha And Omega Semiconductor Limited  18.31 $ 690.536  Millions$ 37.712  Millions
Infinite Group Inc   18.16 $ 7.187  Millions$ 0.396  Millions
Odysight ai Inc   17.28 $ 1.270  Millions$ 0.074  Millions
Immersion Corporation  17.20 $ 37.227  Millions$ 2.164  Millions
Playtika Holding Corp   17.03 $ 2,578.000  Millions$ 151.350  Millions
Moving Image Technologies inc   16.99 $ 21.459  Millions$ 1.263  Millions
Silversun Technologies Inc   16.67 $ 46.424  Millions$ 2.784  Millions
D wave Quantum Inc   16.34 $ 10.299  Millions$ 0.630  Millions
Sonos Inc   16.24 $ 1,663.759  Millions$ 102.443  Millions
Us Nuclear Corp   16.20 $ 2.164  Millions$ 0.134  Millions
Quarta rad Inc   16.17 $ 0.671  Millions$ 0.041  Millions
Rubicon Technologies Inc   15.98 $ 1,031.050  Millions$ 64.528  Millions

Date modified: 2023-08-23T04:40:05+00:00



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