Tower International, Inc. Receivables Turnover Ratio (TOWR), from the second quarter 2019 to the second quarter 2018 current and historic results, rankings and more - CSIMarket
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Tower International, Inc.  (TOWR)
 

Tower International Accounts Receivables Turnover Ratio from the second quarter 2019 to the second quarter 2018

Quarterly Results, Trends, Rankings, Statistics


Tower International, Inc.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2019 to a ratio of 6.83, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Tower International in Jun 30 2019 quarter, has decreased to 53 days, compared to 55 days, in the Mar 31 2019 quarter.

If we take a look into Consumer Discretionary sector 107 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2019 from 1200 to 2187.

What is Receivable Turnover Ratio?
What is Tower International, Inc. Selling?


What is Receivable Turnover Ratio?





TOWR Receivables Turnover Ratio (Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
(Jun 30 2018)
II. Quarter
Y / Y Receivable Change -51.96 % -53.82 % -8.74 % 3.02 % 15.78 %
Y / Y Revenue Change -37.87 % -32.79 % - 13.45 % 13.49 %
Receivable Turnover Ratio (TTM) 6.83 6.6 6.16 8.46 8.29
TOWR's Total Ranking # 2187 # 1200 # 1200 # 1200 # 1200
Accounts Receivable average collection period days 53 55 59 43 44
Seq. Receivable Change -8.63 % 36.21 % -59.74 % -4.14 % -12.17 %
Seq. Revenue Change -8.79 % - - -5.65 % -1.33 %


Receivable Turnover Company Ranking
Within: No.
Auto & Truck Parts Industry # 27
Consumer Discretionary Sector # 108
Overall Market # 2187

Receivable Turnover Ratio Statistics
High Average Low
8.84 7.19 6.16
(Dec 31 2017)   (Dec 31 2018)






Financial Statements
Tower International's Accounts Receivable $ 141 Millions Visit TOWR's Balance sheet
Tower International's Sales TTM $ 1,177 Millions Visit TOWR's Income Statement
Sources of TOWR's Revenues Visit TOWR's Sales by Geography

Other Accounts Receivable Turnover Ratios
Auto & Truck Parts Industry Accounts Receivable Turnover Trends and Statistics
Consumer Discretionary Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TOWR's Receivable Turnover Ratio versus Auto & Truck Parts Industry, Consumer Discretionary Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2019, within Consumer Discretionary Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2019 Receivable at quarter ending Jun 30 2019
Bassett Furniture Industries Incorporated  22.19 $ 458.634  Millions$ 20.667  Millions
Purple Innovation Inc   21.25 $ 336.066  Millions$ 15.815  Millions
Rocky Brands Inc   21.23 $ 260.989  Millions$ 12.295  Millions
Regi U S Inc  20.92 $ 0.085  Millions$ 0.004  Millions
Tapestry Inc   20.41 $ 6,027.100  Millions$ 295.250  Millions
Vera Bradley Inc   20.34 $ 426.669  Millions$ 20.981  Millions
Patrick Industries Inc   19.90 $ 2,310.758  Millions$ 116.097  Millions
Simply Inc   19.40 $ 19.622  Millions$ 1.011  Millions
Capri Holdings Ltd  18.34 $ 5,381.800  Millions$ 293.425  Millions
Icahn Enterprises l p   17.14 $ 9,422.000  Millions$ 549.750  Millions
Caleres inc  16.72 $ 2,926.331  Millions$ 175.046  Millions
Harley davidson Inc   16.63 $ 5,478.530  Millions$ 329.407  Millions
Ralph Lauren Corporation  16.47 $ 6,351.200  Millions$ 385.625  Millions
Oxford Industries Inc   15.75 $ 1,116.170  Millions$ 70.868  Millions
Bwx Technologies Inc   15.66 $ 1,791.190  Millions$ 114.353  Millions
Lci Industries  15.56 $ 2,362.100  Millions$ 151.772  Millions
General Motors Company  14.73 $ 145,128.000  Millions$ 9,850.750  Millions
Ford Motor Co  13.98 $ 158,654.000  Millions$ 11,349.000  Millions
Yeti Holdings Inc   12.68 $ 824.295  Millions$ 65.024  Millions
Kimball International Inc   12.65 $ 768.070  Millions$ 60.697  Millions
La z boy Incorporated  12.19 $ 1,774.339  Millions$ 145.557  Millions
Culp Inc  12.18 $ 300.043  Millions$ 24.627  Millions
Bollinger Innovations Inc   12.09 $ 64.874  Millions$ 5.367  Millions
Pvh Corp   11.63 $ 9,729.000  Millions$ 836.850  Millions
Motorcar Parts Of America Inc   11.32 $ 489.380  Millions$ 43.220  Millions
Sharkninja Inc   11.16 $ 958.178  Millions$ 85.862  Millions
Irobot Corporation  11.01 $ 1,147.032  Millions$ 104.161  Millions
Superior Industries International Inc   10.97 $ 1,436.627  Millions$ 130.925  Millions
Flexsteel Industries Inc   10.88 $ 443.588  Millions$ 40.779  Millions
Puradyn Filter Technologies Inc  10.56 $ 3.117  Millions$ 0.295  Millions

Date modified: 2026-10-07T00:41:40+00:00



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