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Rayonier Advanced Materials Inc   (RYAM)
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Rayonier Advanced Materials Inc 's Working Capital Ratio

RYAM's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Current Liabilities decreased faster than Rayonier Advanced Materials Inc 's Current Assets, this led to improvement in Rayonier Advanced Materials Inc 's Working Capital Ratio to 2.58, above Rayonier Advanced Materials Inc average Working Capital Ratio.

Within Paper & Paper Products industry 4 other companies have achieved higher Working Capital Ratio than Rayonier Advanced Materials Inc in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 1420, from total ranking in the second quarter 2023 at 1440.

Explain Working Capital Ratio
How much in Current Assets RYAM´s has?
What is the value of RYAM´s Current Liabilities?


RYAM Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jul 01 2023)
II. Quarter
(Apr 01 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 24 2022)
III. Quarter
Y / Y Current Liabilities Change 7.34 % -28.17 % -51.72 % -46.61 % -40.3 %
Y / Y Current Assets Change -24.69 % -8.82 % -11.1 % -11.16 % -14.67 %
Working Capital Ratio MRQ 2.58 2.35 3.63 3.64 3.68
RYAM's Total Ranking # 1420 # 1440 # 1325 # 931 # 1461
Seq. Current Liabilities Change -26.15 % 48.84 % -3.54 % 1.25 % -50.59 %
Seq. Current Assets Change -18.96 % -3.39 % -3.98 % 0.18 % -1.88 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Paper & Paper Products Industry # 5
Basic Materials Sector # 98
Overall Market # 1420


Working Capital Ratio Statistics
High Average Low
4.09 2.52 1.46
(Dec 31 2016)   (Sep 23 2017)




Financial Statements
Rayonier Advanced Materials Inc 's Current Liabilities $ 201 Millions Visit RYAM's Balance sheet
Rayonier Advanced Materials Inc 's Current Assets $ 518 Millions Visit RYAM's Balance sheet
Source of RYAM's Sales Visit RYAM's Sales by Geography


Cumulative Rayonier Advanced Materials Inc 's Working Capital Ratio

RYAM's Working Capital Ratio for the trailling 12 Months

RYAM Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jul 01 2023)
II. Quarter
(Apr 01 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 24 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 7.34 % -28.17 % -51.72 % -46.61 % -40.3 %
Y / Y Current Assets TTM Growth -24.69 % -8.82 % -11.1 % -11.16 % -14.67 %
Working Capital Ratio TTM 2.97 3.23 2.92 2.49 2.24
Total Ranking TTM # 1399 # 3947 # 1028 # 1117 # 911
Seq. Current Liabilities TTM Growth -26.15 % 48.84 % -3.54 % 1.25 % -50.59 %
Seq. Current Assets TTM Growth -18.96 % -3.39 % -3.98 % 0.18 % -1.88 %


On the trailing twelve months basis Due to cut in Current Liabilities in the III Quarter 2023 to $200.69 millions, cumulative Working Capital Ratio decreased to 2.97 above the RYAM average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Paper & Paper Products industry 2 other companies have achieved higher Working Capital Ratio than Rayonier Advanced Materials Inc . While Working Capital Ratio overall ranking has improved so far to 1399, from total ranking during the twelve months ending second quarter 2023 at 3947.

Explain Working Capital Ratio
How much in Current Assets RYAM´s has?
What is the value of RYAM´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Paper & Paper Products Industry # 3
Basic Materials Sector # 108
Within the Market # 1399


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.85 2.3 1.77
(Jun 24 2017)   (Sep 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Paper & Paper Products Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Mercer International Inc   3.97 $ 1,064.500  Millions$ 267.866  Millions
It Tech Packaging Inc   3.41 $ 41.061  Millions$ 12.025  Millions
Veritiv Corporation  2.70 $ 1,809.400  Millions$ 669.200  Millions
Ranpak Holdings Corp   2.69 $ 123.400  Millions$ 45.900  Millions
Rayonier Advanced Materials Inc   2.58 $ 518.328  Millions$ 200.694  Millions
Clearwater Paper Corporation  2.40 $ 627.000  Millions$ 260.900  Millions
Glatfelter Corporation  2.33 $ 594.882  Millions$ 255.586  Millions
Mativ Holdings Inc   2.27 $ 914.400  Millions$ 403.500  Millions
Sylvamo Corporation  1.76 $ 1,186.000  Millions$ 674.000  Millions
International Paper Company  1.75 $ 6,780.000  Millions$ 3,882.000  Millions
Avery Dennison Corporation  1.03 $ 2,814.300  Millions$ 2,744.300  Millions
Kimberly clark Corporation  0.84 $ 5,727.000  Millions$ 6,831.000  Millions

Date modified: 2023-11-09T20:44:54+00:00



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