Innovate Corp 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2026 to a ratio of 6.19, above the company average. This is a clear sign of healthy business climate in the Miscellaneous Fabricated Products industry and improving liquidity at their respective customers, during the second quarter 2026. Average receivable collection period, for the Innovate in Jun 30 2026 quarter, has decreased to 59 days, compared to 64 days, in the Mar 31 2026 quarter.

If we take a look into Basic Materials sector 15 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio remained unchanged relative to the previous period at no. 432.

What is Receivable Turnover Ratio?
What is Innovate Corp Selling?

What is Receivable Turnover Ratio?

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VATE Receivables Turnover Ratio	(Jun 30 2026) II. Quarter	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter	(Jun 30 2025) II. Quarter
Y / Y Receivable Change	18.05 %	13.07 %	24.28 %	39.2 %	36.2 %
Y / Y Revenue Change	74.21 %	33.04 %	61 %	43.31 %	-22.58 %
Receivable Turnover Ratio (TTM)	6.19	5.72	5.45	5.08	5.03
VATE's Total Ranking	# 432	# 432	# 2254	# 498	# 2309
Accounts Receivable average collection period days	59	64	67	72	73
Seq. Receivable Change	54.03 %	-22.85 %	-9.22 %	9.44 %	47.54 %
Seq. Revenue Change	15.57 %	-4.68 %	10.26 %	43.43 %	-11.74 %

Receivable Turnover Company Ranking
Within:	No.
Miscellaneous Fabricated Products Industry	# 1
Basic Materials Sector	# 16
Overall Market	# 432

Receivable Turnover Ratio Statistics
High	Average	Low
1.45	0.81	0.08
(Sep 30 2022)		(Jun 30 2021)

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

Financial Statements
Innovate 's Accounts Receivable	$ 287 Millions	Visit VATE's Balance sheet
Innovate 's Sales TTM	$ 1,516 Millions	Visit VATE's Income Statement
Sources of VATE's Revenues		Visit VATE's Sales by Geography

Other Accounts Receivable Turnover Ratios
Miscellaneous Fabricated Products Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
VATE's Receivable Turnover Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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VATE's Profitability Ratios	VATE's Roi	VATE's Asset Turnover Ratio	VATE's Dividend Growth
VATE's Valuation Ratios	VATE's Roe	VATE's Financial Strength Ratios	VATE's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2026, within Basic Materials Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2026	Receivable at quarter ending Jun 30 2026
Idaho Strategic Resources Inc	13.14	$ 50.866 Millions	$ 3.872 Millions
Techprecision Corp	12.29	$ 33.361 Millions	$ 2.714 Millions
Futurefuel Corp	12.02	$ 153.209 Millions	$ 12.746 Millions
Karat Packaging Inc	11.80	$ 493.382 Millions	$ 41.820 Millions
Western Uranium and Vanadium Corp	11.24	$ 0.581 Millions	$ 0.052 Millions
American Rebel Holdings Inc	10.97	$ 8.139 Millions	$ 0.742 Millions
Bluelinx Holdings Inc	10.95	$ 3,009.900 Millions	$ 274.871 Millions
Cleveland cliffs Inc	10.72	$ 19,195.000 Millions	$ 1,791.250 Millions
Friedman Industries Inc	10.70	$ 752.107 Millions	$ 70.280 Millions
Xpel Inc	10.45	$ 508.089 Millions	$ 48.609 Millions
Steel Dynamics Inc	10.44	$ 20,538.678 Millions	$ 1,967.857 Millions
Koppers Holdings Inc	10.27	$ 1,893.400 Millions	$ 184.375 Millions
Azz Inc	10.22	$ 1,676.648 Millions	$ 164.013 Millions
Graphic Packaging Holding Co	10.11	$ 8,637.000 Millions	$ 854.250 Millions
Armstrong World Industries Inc	9.81	$ 1,695.400 Millions	$ 172.900 Millions
Matthews International Corp	9.29	$ 1,108.239 Millions	$ 119.289 Millions
Eagle Materials Inc	9.20	$ 2,324.934 Millions	$ 252.772 Millions
Domtar Corporation	9.12	$ 6,753.000 Millions	$ 740.500 Millions
Tronox Holdings Plc	9.02	$ 2,907.000 Millions	$ 322.250 Millions
Knife River Corporation	8.88	$ 3,307.500 Millions	$ 372.622 Millions
Metallus Inc	8.80	$ 1,222.500 Millions	$ 138.900 Millions
Kimberly clark Corporation	8.59	$ 16,582.000 Millions	$ 1,930.750 Millions
Kaiser Aluminum Corporation	8.49	$ 4,135.900 Millions	$ 487.025 Millions
Ryerson Holding Corporation	8.47	$ 5,839.000 Millions	$ 689.000 Millions
Insteel Industries Inc	8.45	$ 707.680 Millions	$ 83.702 Millions
Sylvamo Corporation	8.45	$ 3,297.000 Millions	$ 390.250 Millions
Southern Copper Corp	8.13	$ 15,787.500 Millions	$ 1,941.125 Millions
Enpro Inc	8.06	$ 1,223.800 Millions	$ 151.750 Millions
O i Glass Inc	8.00	$ 6,361.000 Millions	$ 795.000 Millions
Hawkins Inc	7.93	$ 1,106.099 Millions	$ 139.552 Millions

Date modified: 2026-09-03T09:25:40+00:00

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