Waste Management Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics

Waste Management Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 7.27, above the company average. This is a clear sign of healthy business climate in the Environmental Services industry and improving liquidity at their respective customers, during the forth quarter 2023. Average collection period, for Waste Management Inc's accounts receivable remained unchanged at 50 days, in the Dec 31 2023 quarter.

If we take a look into Services sector 205 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1314, from overall ranking in the third quarter 2023 at 1694.

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What is Receivable Turnover Ratio?

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WM 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	4.29 %	9.01 %	6.79 %	5.2 %	8.09 %
Y / Y Revenue Change	5.71 %	2.42 %	1.83 %	4.96 %	5.49 %
Receivable Turnover Ratio (TTM)	7.27	7.24	7.36	7.45	7.45
WM's Total Ranking	# 1314	# 1694	# 1824	# 1740	# 1745
Average receivable collection period	50	50	50	49	49
Seq. Receivable Change	-1.61 %	2.49 %	9.13 %	-5.23 %	2.84 %
Seq. Revenue Change	0.37 %	1.54 %	4.64 %	-0.87 %	-2.76 %

New: More WM's historic Receivables Turnover Ratios >>

Receivable Turnover Company Ranking
Within:	No.
Environmental Services Industry	# 6
Services Sector	# 206
Overall Market	# 1314

Receivable Turnover Ratio Statistics
High	Average	Low
1.13	0.62	0.19
(Sep. 30, 2015)		(Dec 31 2016)

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

Financial Statements
Waste Management Inc's Accounts Receivable	$ 2,870 Millions	Visit WM's Balance sheet
Waste Management Inc's Sales TTM	$ 20,426 Millions	Visit WM's Income Statement
Where are WM's Sales coming from?		Visit WM's Sales by Geography

Other Accounts Receivable Turnover Ratios
Environmental Services Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
WM's Receivable Turnover Ratio versus Environmental Services Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for WM's Competitors
Receivables Turnover Ratio for WM's Suppliers
Accounts Receivables Turnover Ratio for WM's Customers

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

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2023	Receivable at quarter ending Dec 31 2023
Quotemedia Inc	19.37	$ 18.908 Millions	$ 0.976 Millions
Jack In The Box Inc	19.31	$ 1,652.708 Millions	$ 85.591 Millions
Fat Brands Inc	19.00	$ 480.457 Millions	$ 25.291 Millions
Charter Communications Inc	18.81	$ 54,607.000 Millions	$ 2,903.000 Millions
Regis Corp	18.65	$ 215.913 Millions	$ 11.578 Millions
Gatx Corporation	18.57	$ 1,410.900 Millions	$ 75.975 Millions
H and r Block Inc	18.20	$ 3,488.678 Millions	$ 191.730 Millions
Monarch Casino and Resort inc	17.93	$ 212.152 Millions	$ 11.829 Millions
Sirius Xm Holdings Inc	17.89	$ 8,953.000 Millions	$ 500.500 Millions
Mgm Resorts International	17.81	$ 16,164.249 Millions	$ 907.767 Millions
Dish Network Corporation	17.73	$ 15,295.088 Millions	$ 862.591 Millions
Rush Street Interactive Inc	17.69	$ 691.161 Millions	$ 39.060 Millions
Redfin Corporation	17.52	$ 975.819 Millions	$ 55.688 Millions
Luxurban Hotels Inc	17.45	$ 113.397 Millions	$ 6.500 Millions
Xwell inc	17.44	$ 29.681 Millions	$ 1.702 Millions
Telesat Corporation	17.21	$ 539.387 Millions	$ 31.349 Millions
The Wendy s Company	16.20	$ 2,181.578 Millions	$ 134.670 Millions
Butler National Corp	16.16	$ 75.835 Millions	$ 4.693 Millions
Nuvera Communications Inc	15.67	$ 65.792 Millions	$ 4.198 Millions
Payoneer Global Inc	15.61	$ 831.103 Millions	$ 53.246 Millions
Host Hotels and Resorts Inc	15.57	$ 5,311.000 Millions	$ 341.000 Millions
Biglari Holdings Inc	14.96	$ 365.318 Millions	$ 24.413 Millions
Accolade Inc	14.96	$ 388.486 Millions	$ 25.966 Millions
Fiverr International Ltd	14.92	$ 361.375 Millions	$ 24.217 Millions
Star Holdings	14.80	$ 123.053 Millions	$ 8.316 Millions
Visa Inc	14.78	$ 33,351.000 Millions	$ 2,255.750 Millions
Crexendo Inc	14.49	$ 53.199 Millions	$ 3.672 Millions
Exceed World Inc	14.44	$ 24.718 Millions	$ 1.712 Millions
Bce Inc	14.39	$ 18,899.518 Millions	$ 1,312.924 Millions
Rollins Inc	14.38	$ 3,073.278 Millions	$ 213.743 Millions

Date modified: 2024-02-13T22:24:28+00:00

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