CSIMarket
 


United States Steel Corp  (X)
Other Ticker:  
 
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials
 

United States Steel Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


United States Steel Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 11.76, above the company average. This is a clear sign of healthy business climate in the Iron & Steel industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the United States Steel in Dec 31 2023 quarter, has decreased to 31 days, compared to 32 days, in the Sep 30 2023 quarter.

If we take a look into Basic Materials sector 16 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 337, from overall ranking in the third quarter 2023 at 1079.

What is Receivable Turnover Ratio?
What is United States Steel Corp Selling?


What is Receivable Turnover Ratio?




X 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 -14.98 % -31.01 % -34.74 % -31.72 % -21.73 %
Y / Y Revenue Change -4.47 % -14.84 % -20.38 % -14.6 % -22.84 %
Receivable Turnover Ratio (TTM) 11.76 11.43 10.84 10.25 9.7
X's Total Ranking # 337 # 1079 # 1305 # 1292 # 661
Average receivable collection period 31 32 34 36 38
Seq. Receivable Change -1 % -17.31 % 2.97 % 0.86 % -19.66 %
Seq. Revenue Change -6.48 % -11.52 % 12.04 % 3.04 % -16.63 %


Receivable Turnover Company Ranking
Within: No.
Iron & Steel Industry # 2
Basic Materials Sector # 17
Overall Market # 337

Receivable Turnover Ratio Statistics
High Average Low
22.37 9 7.48
(Sep. 30, 2015)   (Dec. 31, 2009)






Financial Statements
United States Steel's Accounts Receivable $ 1,390 Millions Visit X's Balance sheet
United States Steel's Sales TTM $ 18,053 Millions Visit X's Income Statement
Where are X's Sales coming from? Visit X's Sales by Geography

Other Accounts Receivable Turnover Ratios
Iron & Steel Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
X's Receivable Turnover Ratio versus Iron & Steel Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for X's Competitors
Receivables Turnover Ratio for X's Suppliers
Accounts Receivables Turnover Ratio for X's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Basic Materials Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Lake Area Corn Processors Llc  34.84 $ 280.441  Millions$ 8.050  Millions
Franco nevada Corporation  34.42 $ 1,218.600  Millions$ 35.400  Millions
Westlake Chemical Partners Lp  30.55 $ 1,190.791  Millions$ 38.985  Millions
B2gold Corp   30.39 $ 1,934.001  Millions$ 63.635  Millions
Green Plains Inc   27.46 $ 3,295.743  Millions$ 120.027  Millions
Century Aluminum Company  26.74 $ 2,184.900  Millions$ 81.700  Millions
Cardinal Ethanol Llc  26.22 $ 436.898  Millions$ 16.661  Millions
Coeur Mining Inc   25.99 $ 821.206  Millions$ 31.602  Millions
Newmont Corporation  25.71 $ 11,812.000  Millions$ 459.500  Millions
Red Trail Energy Llc  25.12 $ 198.603  Millions$ 7.907  Millions
Suncoke Energy Inc   23.72 $ 2,063.200  Millions$ 86.975  Millions
Valvoline Inc   19.93 $ 1,483.500  Millions$ 74.450  Millions
Methanex Corporation  18.81 $ 3,723.475  Millions$ 197.967  Millions
Xpel Inc   16.78 $ 395.414  Millions$ 23.565  Millions
Freeport mcmoran Inc   15.98 $ 22,855.000  Millions$ 1,430.000  Millions
Louisiana pacific Corporation  15.74 $ 2,581.000  Millions$ 164.000  Millions
Boise Cascade Company  15.73 $ 6,308.944  Millions$ 401.042  Millions
Procter and Gamble Co  14.65 $ 83,933.000  Millions$ 5,731.000  Millions
Idaho Strategic Resources Inc   13.71 $ 12.780  Millions$ 0.932  Millions
Solaris Oilfield Infrastructure inc   13.29 $ 292.947  Millions$ 22.049  Millions
Iamgold Corporation  12.94 $ 987.100  Millions$ 76.300  Millions
Karat Packaging Inc   12.70 $ 405.043  Millions$ 31.884  Millions
Centrus Energy Corp   12.57 $ 320.100  Millions$ 25.475  Millions
Futurefuel Corp   12.15 $ 364.979  Millions$ 30.033  Millions
Quanex Building Products Corporation  12.05 $ 1,107.822  Millions$ 91.904  Millions
Ur energy Inc   12.05 $ 17.679  Millions$ 1.467  Millions
Mp Materials Corp   11.95 $ 253.445  Millions$ 21.211  Millions
United States Steel Corp  11.76 $ 18,053.000  Millions$ 1,535.250  Millions
Novelis Inc   11.31 $ 16,530.000  Millions$ 1,461.750  Millions
Clearwater Paper Corporation  11.25 $ 2,082.800  Millions$ 185.100  Millions

Date modified: 2024-02-03T10:34:53+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com