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Power Solutions International Inc (PSIX) |
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Power Solutions International Inc 's Working Capital Ratio
PSIX's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Power Solutions International Inc 's Current Assets grew by 14.49 % in the Q3 2024 sequentially, faster than Current Liabilities, this led to improvement in Power Solutions International Inc 's Working Capital Ratio to 1.02, Working Capital Ratio remained below Power Solutions International Inc average.
Within Auto & Truck Parts industry 37 other companies have achieved higher Working Capital Ratio than Power Solutions International Inc in third quarter 2024. While Working Capital Ratio total ranking has improved so far during the Q3 2024 to 2773, from total ranking in the second quarter 2024 at 3342.
Explain Working Capital Ratio
How much Current Assetss PSIX´s has?
What are PSIX´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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PSIX Working Capital Ratio |
(Sep 30 2024) Q3 |
(Jun 30 2024) Q2 |
(Mar 31 2024) Q1 |
(Dec 31 2023) Q4 |
(Sep 30 2023) Q3 |
Y / Y Current Liabilities Change |
-6.17 % |
-18.13 % |
-24.9 % |
-22.23 % |
-15.51 % |
Y / Y Current Assets Change |
17.15 % |
-4.34 % |
-21.15 % |
-19.54 % |
-8.88 % |
Working Capital Ratio MRQ |
1.02 |
0.95 |
0.85 |
0.83 |
0.82 |
PSIX's Total
Ranking |
# 2773 |
# 3342 |
# 2456 |
# 2533 |
# 2576 |
Seq. Current Liabilities Change |
6.31 % |
-0.78 % |
-1.03 % |
-10.12 % |
-7.25 % |
Seq. Current Assets Change |
14.49 % |
10.78 % |
1.8 % |
-9.26 % |
-6.52 % |
Working Capital Ratio third quarter 2024 Company Ranking |
Within: |
No. |
Auto & Truck Parts Industry |
# 38 |
Consumer Discretionary Sector |
# 122 |
Overall Market |
# 2773 |
Working Capital Ratio Statistics |
High |
Average |
Low |
22.18 |
5.42 |
0.74 |
(Mar 31 2014) |
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(Jun 30 2022) |
Cumulative Power Solutions International Inc 's Working Capital Ratio
PSIX's Working Capital Ratio for the trailling 12 Months
PSIX Working Capital Ratio |
(Sep 30 2024) 12 Months |
(Jun 30 2024) 12 Months |
(Mar 31 2024) 12 Months |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 12 Months |
Y / Y Current Liabilities TTM Growth |
-6.17 % |
-18.13 % |
-24.9 % |
-22.23 % |
-15.51 % |
Y / Y Current Assets TTM Growth |
17.15 % |
-4.34 % |
-21.15 % |
-19.54 % |
-8.88 % |
Working Capital Ratio TTM |
0.91 |
0.86 |
0.83 |
0.82 |
0.81 |
Total
Ranking TTM |
# 2270
| # 2542
| # 2443
| # 2721
| # 2721
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Seq. Current Liabilities TTM Growth |
6.31 % |
-0.78 % |
-1.03 % |
-10.12 % |
-7.25 % |
Seq. Current Assets TTM Growth |
14.49 % |
10.78 % |
1.8 % |
-9.26 % |
-6.52 % |
On the trailing twelve months basis PSIX Current Assets increased by 17.15 % in Q3 2024 year on year, while Current Liabilities rose to $259 millions, this led to increase in in Power Solutions International Inc 's Working Capital Ratio to 0.91, Working Capital Ratio remained below PSIX average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Auto & Truck Parts industry 39 other companies have achieved higher Working Capital Ratio than Power Solutions International Inc . While Working Capital Ratio overall ranking has improved so far to 2270, from total ranking during the twelve months ending second quarter 2024 at 2542.
Explain Working Capital Ratio
How much Current Assetss PSIX´s has?
What are PSIX´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Auto & Truck Parts Industry |
# 40 |
Consumer Discretionary Sector |
# 118 |
Within the Market |
# 2270 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
3.28 |
1.56 |
0.78 |
(March 31, 2014) |
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(Dec 31 2022) |
Companies with similar Working Capital Ratio in the quarter ending Sep 30 2024, within Auto & Truck Parts Industry | Working Capital Ratio | Sep 30 2024 MRQ Current Assets | Sep 30 2024 MRQ Current Liabilities | Stoneridge Inc | 2.44 | $ 414.413 Millions | $ 169.891 Millions | Patrick Industries Inc | 2.41 | $ 912.959 Millions | $ 379.189 Millions | Dorman Products Inc | 2.34 | $ 1,316.076 Millions | $ 561.323 Millions | Commercial Vehicle Group Inc | 2.31 | $ 346.263 Millions | $ 150.138 Millions | Aeye Inc | 2.26 | $ 24.251 Millions | $ 10.712 Millions | Standard Motor Products Inc | 2.25 | $ 793.209 Millions | $ 352.520 Millions | Bwx Technologies Inc | 2.25 | $ 982.949 Millions | $ 437.466 Millions | Strattec Security Corp | 2.18 | $ 260.748 Millions | $ 119.571 Millions | Atmus Filtration Technologies Inc | 2.11 | $ 778.800 Millions | $ 368.300 Millions | Xos Inc | 1.94 | $ 97.577 Millions | $ 50.187 Millions | Phinia Inc | 1.93 | $ 1,976.000 Millions | $ 1,022.000 Millions | Visteon Corporation | 1.87 | $ 1,702.000 Millions | $ 908.000 Millions | Borgwarner Inc | 1.84 | $ 6,856.000 Millions | $ 3,718.000 Millions | Modine Manufacturing Co | 1.77 | $ 952.600 Millions | $ 536.900 Millions | Lkq Corporation | 1.72 | $ 5,145.000 Millions | $ 2,990.000 Millions | American Axle and Manufacturing Holdings Inc | 1.68 | $ 2,135.500 Millions | $ 1,270.600 Millions | Dana Incorporated | 1.52 | $ 4,054.000 Millions | $ 2,672.000 Millions | Aptiv Plc | 1.50 | $ 8,688.000 Millions | $ 5,804.000 Millions | Superior Industries International Inc | 1.47 | $ 322.608 Millions | $ 219.515 Millions | Harley davidson Inc | 1.41 | $ 5,889.936 Millions | $ 4,169.517 Millions | Cooper standard Holdings Inc | 1.39 | $ 872.036 Millions | $ 628.757 Millions | Lear Corp | 1.33 | $ 7,808.500 Millions | $ 5,892.700 Millions | Genuine Parts Co | 1.17 | $ 10,709.502 Millions | $ 9,123.408 Millions | Cummins Inc | 1.17 | $ 13,583.000 Millions | $ 11,603.000 Millions | Adient Plc | 1.11 | $ 4,086.000 Millions | $ 3,678.000 Millions | Power Solutions International Inc | 1.02 | $ 265.168 Millions | $ 259.220 Millions | Tpi Composites Inc | 0.95 | $ 467.548 Millions | $ 493.064 Millions | Garrett Motion Inc | 0.94 | $ 1,143.000 Millions | $ 1,222.000 Millions | Icahn Enterprises l p | 0.56 | $ 3,660.000 Millions | $ 6,514.000 Millions |
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