Toughbuilt Industries Inc 's ability to collect accounts receivable sequentially worsen to 6.48, indicating more challenging environment then in the third quarter 2023, but still, it is a far cry from any concerns. Toughbuilt Industries Inc 's Accounts Receivable average collection period in the Dec 31 2023 quarter, has increased to 56 days, from 55 days, in the Sep 30 2023 quarter.

If we take a look into Capital Goods sector 158 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from 677 to 2250.

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

What is Receivable Turnover Ratio?

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TBLT Receivables Turnover Ratio	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter
Y / Y Receivable Change	-39.09 %	-47.93 %	-35.27 %	-4.13 %	-7.53 %
Y / Y Revenue Change	-44.65 %	-34.16 %	5.33 %	17.37 %	21.18 %
Receivable Turnover Ratio (TTM)	6.48	6.69	6.16	5.64	5.42
TBLT's Total Ranking	# 2250	# 677	# 1696	# 1717	# 675
Accounts Receivable average collection period days	56	55	59	65	67
Seq. Receivable Change	-15.98 %	25.21 %	-32.58 %	-14.12 %	-28.17 %
Seq. Revenue Change	-16.89 %	5.69 %	-6.79 %	-32.4 %	-1.14 %

Receivable Turnover Company Ranking
Within:	No.
Miscellaneous Manufacturing Industry	# 23
Capital Goods Sector	# 159
Overall Market	# 2250

Receivable Turnover Ratio Statistics
High	Average	Low
11.09	6.25	3.41
(Sep 30 2019)		(Jun 30 2019)

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

Financial Statements
Toughbuilt Industries Inc 's Accounts Receivable	$ 10 Millions	Visit TBLT's Balance sheet
Toughbuilt Industries Inc 's Sales TTM	$ 76 Millions	Visit TBLT's Income Statement
Sources of TBLT's Revenues		Visit TBLT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Miscellaneous Manufacturing Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TBLT's Receivable Turnover Ratio versus Miscellaneous Manufacturing Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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TBLT's Valuation Ratios	TBLT's Roe	TBLT's Financial Strength Ratios	TBLT's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2023	Receivable at quarter ending Dec 31 2023
Kb Home	18.56	$ 6,410.629 Millions	$ 345.348 Millions
Applied Energetics Inc	18.54	$ 2.631 Millions	$ 0.142 Millions
Xinyuan Real Estate Co Ltd	18.19	$ 804.974 Millions	$ 44.252 Millions
Malibu Boats Inc	17.18	$ 1,213.621 Millions	$ 70.636 Millions
Ies Holdings Inc	17.14	$ 2,436.797 Millions	$ 142.149 Millions
Fuelcell Energy inc	17.05	$ 103.012 Millions	$ 6.042 Millions
Huntington Ingalls Industries Inc	16.97	$ 11,454.000 Millions	$ 675.000 Millions
OZOP ENERGY SOLUTIONS, INC.	16.36	$ 4.761 Millions	$ 0.291 Millions
Leonardo Drs Inc	15.99	$ 2,826.000 Millions	$ 176.750 Millions
Symbotic Inc	15.80	$ 1,329.636 Millions	$ 84.158 Millions
Winnebago Industries Inc	15.48	$ 3,300.700 Millions	$ 213.175 Millions
Textron Inc	15.03	$ 13,683.000 Millions	$ 910.250 Millions
L3harris Technologies Inc	14.79	$ 19,317.000 Millions	$ 1,306.250 Millions
Expion360 Inc	14.36	$ 5.981 Millions	$ 0.417 Millions
Terran Orbital Corporation	14.07	$ 134.694 Millions	$ 9.575 Millions
A2z Cust2mate Solutions Corp	13.96	$ 9.212 Millions	$ 0.660 Millions
General Dynamics Corporation	13.82	$ 42,272.000 Millions	$ 3,059.750 Millions
Fluor Corporation	13.57	$ 15,474.000 Millions	$ 1,140.500 Millions
Intuitive Machines Inc	13.30	$ 79.521 Millions	$ 5.978 Millions
Fluence Energy Inc	13.02	$ 2,270.881 Millions	$ 174.371 Millions
Sono Tek Corp	12.73	$ 18.589 Millions	$ 1.461 Millions
Cpi Aerostructures Inc	12.48	$ 86.066 Millions	$ 6.895 Millions
Acorn Energy Inc	12.38	$ 8.059 Millions	$ 0.651 Millions
Hillman Solutions Corp	12.19	$ 1,476.477 Millions	$ 121.154 Millions
Wabash National Corporation	11.50	$ 2,536.187 Millions	$ 220.629 Millions
Sunrun Inc	11.37	$ 2,259.813 Millions	$ 198.749 Millions
Argan Inc	11.30	$ 572.206 Millions	$ 50.638 Millions
Byrna Technologies Inc	11.16	$ 41.717 Millions	$ 3.739 Millions
Bantec Inc	10.72	$ 2.674 Millions	$ 0.249 Millions
Cbak Energy Technology Inc	10.71	$ 204.438 Millions	$ 19.090 Millions

Date modified: 2026-10-07T00:41:52+00:00

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