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Vse Corporation  (VSEC)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services

Vse's Working Capital Ratio

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


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 2.7 above Vse Corporation average.

Within Construction Services industry 19 other companies have achieved higher Working Capital Ratio than Vse in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 878, from total ranking in the third quarter 2023 at 1484.

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


VSEC Working Capital 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 Current Liabilities Change 27.73 % 39.83 % 19.04 % 25.72 % 24.8 %
Y / Y Current Assets Change 41.02 % 50.07 % 33.09 % 24.46 % 18.29 %
Working Capital Ratio MRQ 2.7 3.06 3.21 2.99 2.44
VSEC's Total Ranking # 878 # 1484 # 1502 # 1601 # 1426
Seq. Current Liabilities Change 13.78 % 19.94 % 6.47 % -12.09 % 24.55 %
Seq. Current Assets Change 0.48 % 14.26 % 14.13 % 7.63 % 6.92 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Construction Services Industry # 20
Capital Goods Sector # 86
Overall Market # 878


Working Capital Ratio Statistics
High Average Low
3.21 2.29 1.4
(Jun 30 2023)   (Dec 31 2014)




Financial Statements
Vse's Current Liabilities $ 287 Millions Visit VSEC's Balance sheet
Vse's Current Assets $ 774 Millions Visit VSEC's Balance sheet
Source of VSEC's Sales Visit VSEC's Sales by Geography


Cumulative Vse's Working Capital Ratio

VSEC's Working Capital Ratio for the trailling 12 Months

VSEC Working Capital 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 Current Liabilities TTM Growth 27.73 % 39.83 % 19.04 % 25.72 % 24.8 %
Y / Y Current Assets TTM Growth 41.02 % 50.07 % 33.09 % 24.46 % 18.29 %
Working Capital Ratio TTM 2.97 2.92 2.86 2.77 2.77
Total Ranking TTM # 572 # 1101 # 68 # 1203 # 2409
Seq. Current Liabilities TTM Growth 13.78 % 19.94 % 6.47 % -12.09 % 24.55 %
Seq. Current Assets TTM Growth 0.48 % 14.26 % 14.13 % 7.63 % 6.92 %


On the trailing twelve months basis VSEC Current Assets soared by 41.02 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Vse's Working Capital Ratio to 2.97, above VSEC average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Construction Services industry 2 other companies have achieved higher Working Capital Ratio than Vse. While Working Capital Ratio overall ranking has improved so far to 572, from total ranking during the twelve months ending third quarter 2023 at 1101.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Construction Services Industry # 3
Capital Goods Sector # 50
Within the Market # 572


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.97 2.32 1.44
(Dec 31 2023)   (Dec. 30, 2014)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Construction Services Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Mistras Group inc   6.67 $ 180.356  Millions$ 27.033  Millions
M d c Holdings Inc   6.44 $ 4,896.014  Millions$ 759.796  Millions
D r Horton Inc   6.10 $ 27,373.700  Millions$ 4,487.700  Millions
Pultegroup Inc  6.01 $ 13,601.953  Millions$ 2,264.702  Millions
Kb Home  5.43 $ 6,227.584  Millions$ 1,146.679  Millions
Century Communities Inc   4.81 $ 3,319.004  Millions$ 689.955  Millions
Hovnanian Enterprises Inc  4.54 $ 1,646.676  Millions$ 362.790  Millions
Sterling Infrastructure Inc   3.96 $ 847.979  Millions$ 214.367  Millions
Phoenix Plus Corp   3.72 $ 1.269  Millions$ 0.341  Millions
Installed Building Products Inc   3.39 $ 1,070.000  Millions$ 315.400  Millions
Cavco Industries Inc   3.07 $ 833.047  Millions$ 271.172  Millions
Legacy Housing Corporation  2.89 $ 107.884  Millions$ 37.333  Millions
Vse Corporation  2.70 $ 774.030  Millions$ 286.886  Millions
Topbuild Corp  2.66 $ 2,049.244  Millions$ 771.538  Millions
Dream Finders Homes Inc   2.54 $ 2,212.475  Millions$ 871.888  Millions
Emcor Group Inc   2.41 $ 4,446.971  Millions$ 1,848.010  Millions
Comfort Systems Usa inc   2.35 $ 1,911.100  Millions$ 811.667  Millions
Construction Partners Inc   1.75 $ 461.370  Millions$ 262.932  Millions
Ies Holdings Inc   1.72 $ 727.591  Millions$ 421.909  Millions
Willdan Group inc   1.67 $ 192.016  Millions$ 114.680  Millions
Tutor Perini Corporation  1.66 $ 3,521.354  Millions$ 2,124.953  Millions
Southland Holdings Inc   1.61 $ 942.536  Millions$ 583.967  Millions
Fluor Corporation  1.60 $ 5,063.000  Millions$ 3,163.000  Millions
Granite Construction Incorporated  1.60 $ 1,643.451  Millions$ 1,029.883  Millions
Limbach Holdings Inc   1.50 $ 217.000  Millions$ 145.148  Millions
Quanta Services Inc   1.47 $ 7,676.897  Millions$ 5,213.116  Millions
Api Group Corporation  1.43 $ 2,582.000  Millions$ 1,807.000  Millions
Primoris Services Corporation  1.41 $ 1,885.233  Millions$ 1,335.035  Millions
Stantec Inc   1.41 $ 1,740.735  Millions$ 1,237.626  Millions
Myr Group Inc   1.37 $ 1,026.244  Millions$ 747.202  Millions

Date modified: 2024-03-10T17:32:26+00:00



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