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Terex Corporation  (TEX)
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Terex Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Terex Corporation's ability to collect accounts receivable sequentially worsen to 8.14, indicating more challenging environment then in the forth quarter 2023, but still, it is a far cry from any concerns. Terex's Average receivable collection period in the Mar 31 2024 quarter, has increased to 45 days, from 44 days, in the Dec 31 2023 quarter.

If we take a look into Capital Goods sector 6 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 39, from overall ranking in the forth quarter 2023 at 1266.

What is Receivable Turnover Ratio?
What is Terex Corporation Selling?


What is Receivable Turnover Ratio?




TEX Receivables Turnover Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Receivable Change 8.76 % 0.05 % 21.46 % 21.88 % 19.88 %
Y / Y Revenue Change 4.58 % -5.97 % 15.08 % 30.27 % 23.26 %
Receivable Turnover Ratio (TTM) 8.14 8.23 8.35 8.47 8.35
TEX's Total Ranking # 39 # 1266 # 366 # 358 # 537
Average receivable collection period 45 44 44 43 44
Seq. Receivable Change 25.1 % -15.08 % -5.3 % 8.11 % 15.09 %
Seq. Revenue Change 5.65 % -5.14 % -8.1 % 13.55 % -5.01 %


Receivable Turnover Company Ranking
Within: No.
Construction & Mining Machinery Industry # 2
Capital Goods Sector # 7
Overall Market # 39

Receivable Turnover Ratio Statistics
High Average Low
2.03 1.24 0.72
(June 30. 2006)   (Sep. 30, 2010)






Financial Statements
Terex's Accounts Receivable $ 685 Millions Visit TEX's Balance sheet
Terex's Sales TTM $ 5,208 Millions Visit TEX's Income Statement
Where are TEX's Sales coming from? Visit TEX's Sales by Geography

Other Accounts Receivable Turnover Ratios
Construction & Mining Machinery Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TEX's Receivable Turnover Ratio versus Construction & Mining Machinery Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for TEX's Competitors
Receivables Turnover Ratio for TEX's Suppliers
Accounts Receivables Turnover Ratio for TEX's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Receivable at quarter ending Mar 31 2024
Malibu Boats Inc   20.21 $ 1,041.835  Millions$ 51.549  Millions
Cavco Industries Inc   20.11 $ 1,793.902  Millions$ 89.224  Millions
Kb Home  18.72 $ 6,494.081  Millions$ 346.888  Millions
Greystone Logistics Inc   16.36 $ 61.747  Millions$ 3.775  Millions
Byrna Technologies Inc   16.20 $ 49.875  Millions$ 3.079  Millions
Leonardo Drs Inc   15.85 $ 2,945.000  Millions$ 185.750  Millions
L3harris Technologies Inc   15.31 $ 20,261.000  Millions$ 1,323.500  Millions
Fluor Corporation  13.90 $ 15,596.000  Millions$ 1,121.750  Millions
Huntington Ingalls Industries Inc   13.83 $ 11,585.000  Millions$ 837.500  Millions
Sono Tek Corp  13.57 $ 19.700  Millions$ 1.452  Millions
Expion360 Inc   12.86 $ 5.626  Millions$ 0.438  Millions
Northrop Grumman Corp  12.50 $ 40,122.000  Millions$ 3,209.750  Millions
Cpi Aerostructures Inc   12.13 $ 82.603  Millions$ 6.810  Millions
Hillman Solutions Corp   12.04 $ 1,477.075  Millions$ 122.700  Millions
Enovix Corporation  12.00 $ 13.010  Millions$ 1.085  Millions
Sunrun Inc   11.41 $ 2,128.152  Millions$ 186.491  Millions
Fluence Energy Inc   11.37 $ 2,194.875  Millions$ 192.981  Millions
Wabash National Corporation  11.12 $ 2,429.681  Millions$ 218.400  Millions
Redwire Corporation  10.45 $ 272.189  Millions$ 26.045  Millions
Argan Inc  10.08 $ 508.309  Millions$ 50.435  Millions
Aersale Corporation  10.08 $ 329.681  Millions$ 32.719  Millions
Stanley Black and Decker Inc   9.92 $ 15,718.800  Millions$ 1,585.225  Millions
Intuitive Machines Inc   9.46 $ 134.353  Millions$ 14.207  Millions
Taylor Devices Inc  9.28 $ 46.185  Millions$ 4.979  Millions
Textron Inc   9.23 $ 13,794.000  Millions$ 1,494.250  Millions
Advanced Drainage Systems Inc   9.13 $ 2,874.473  Millions$ 314.822  Millions
Compx International inc  9.12 $ 157.735  Millions$ 17.292  Millions
Cvd Equipment Corporation  8.85 $ 20.811  Millions$ 2.350  Millions
Agco Corp  8.62 $ 14,006.700  Millions$ 1,624.450  Millions
Willdan Group inc   8.56 $ 529.582  Millions$ 61.856  Millions

Date modified: 2024-04-30T01:18:23+00:00



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