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Zurn Elkay Water Solutions Corporation  (ZWS)
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Zurn Elkay Water Solutions's Working Capital Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 3.02 above company average Working Capital Ratio.

Within Industrial Machinery and Components industry 31 other companies have achieved higher Working Capital Ratio than Zurn Elkay Water Solutions in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 886, from total ranking in the third quarter 2023 at 1438.

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


ZWS 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 -23.64 % -30.09 % -4.02 % 7.04 % 20.34 %
Y / Y Current Assets Change -11.84 % -9.89 % 17.08 % 31.09 % 59.54 %
Working Capital Ratio MRQ 3.02 3.14 2.98 2.97 2.62
ZWS's Total Ranking # 886 # 1438 # 406 # 1573 # 338
Seq. Current Liabilities Change -3.87 % -0.73 % 0.83 % -20.64 % -11.99 %
Seq. Current Assets Change -7.42 % 4.7 % 1.04 % -9.99 % -5.37 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 32
Capital Goods Sector # 80
Overall Market # 886


Working Capital Ratio Statistics
High Average Low
3.14 2.7 1.98
(Sep 30 2023)   (Dec 31 2021)




Financial Statements
Zurn Elkay Water Solutions's Current Liabilities $ 221 Millions Visit ZWS's Balance sheet
Zurn Elkay Water Solutions's Current Assets $ 668 Millions Visit ZWS's Balance sheet
Source of ZWS's Sales Visit ZWS's Sales by Geography


Cumulative Zurn Elkay Water Solutions's Working Capital Ratio

ZWS's Working Capital Ratio for the trailling 12 Months

ZWS 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 -23.64 % -30.09 % -4.02 % 7.04 % 20.34 %
Y / Y Current Assets TTM Growth -11.84 % -9.89 % 17.08 % 31.09 % 59.54 %
Working Capital Ratio TTM 3.03 2.91 2.71 2.6 2.48
Total Ranking TTM # 257 # 545 # 2304 # 69 # 777
Seq. Current Liabilities TTM Growth -3.87 % -0.73 % 0.83 % -20.64 % -11.99 %
Seq. Current Assets TTM Growth -7.42 % 4.7 % 1.04 % -9.99 % -5.37 %


On the trailing twelve months basis Current Liabilities decreased faster than Zurn Elkay Water Solutions's average Current Assets, this led to increase in in Zurn Elkay Water Solutions's Working Capital Ratio to 3.03, above ZWS average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Industrial Machinery and Components industry 12 other companies have achieved higher Working Capital Ratio than Zurn Elkay Water Solutions. While Working Capital Ratio overall ranking has improved so far to 257, from total ranking during the twelve months ending third quarter 2023 at 545.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Industrial Machinery and Components Industry # 13
Capital Goods Sector # 31
Within the Market # 257


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.03 2.69 2.32
(Dec 31 2023)   (Sep 30 2018)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Industrial Machinery and Components Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Fuel Tech Inc   6.74 $ 38.321  Millions$ 5.688  Millions
Taylor Devices Inc  6.65 $ 47.959  Millions$ 7.207  Millions
Byrna Technologies Inc   6.20 $ 38.201  Millions$ 6.158  Millions
Ess Tech Inc   5.97 $ 118.098  Millions$ 19.766  Millions
Enovix Corporation  5.95 $ 323.177  Millions$ 54.310  Millions
Azenta Inc   5.87 $ 1,382.801  Millions$ 235.620  Millions
Sono Tek Corp  5.38 $ 18.688  Millions$ 3.473  Millions
Lam Research Corporation  5.27 $ 13,054.612  Millions$ 2,479.428  Millions
Asml Holding Nv  5.05 $ 27,321.168  Millions$ 5,413.744  Millions
Veeco Instruments inc  4.40 $ 706.278  Millions$ 160.409  Millions
Intevac Inc   4.10 $ 133.377  Millions$ 32.510  Millions
Axcelis Technologies Inc  3.79 $ 1,079.991  Millions$ 285.129  Millions
Alamo Group Inc   3.76 $ 803.957  Millions$ 213.926  Millions
Graftech International Ltd   3.65 $ 674.793  Millions$ 185.126  Millions
Bloom Energy Corp  3.60 $ 1,693.167  Millions$ 470.422  Millions
Hyzon Motors Inc   3.58 $ 152.523  Millions$ 42.553  Millions
Lindsay Corporation  3.53 $ 501.302  Millions$ 141.971  Millions
John Bean Technologies Corporation  3.52 $ 1,100.200  Millions$ 312.400  Millions
Spectrum Brands Holdings Inc   3.36 $ 2,515.700  Millions$ 749.300  Millions
Standex International Corp  3.34 $ 435.999  Millions$ 130.542  Millions
Aaon Inc   3.23 $ 408.954  Millions$ 126.749  Millions
Cricut Inc   3.16 $ 619.969  Millions$ 196.464  Millions
Desktop Metal inc   3.08 $ 216.137  Millions$ 70.104  Millions
Gates Industrial Corporation Plc  3.08 $ 2,401.300  Millions$ 779.300  Millions
Zurn Elkay Water Solutions Corporation  3.02 $ 667.800  Millions$ 220.900  Millions
Atkore Inc   2.96 $ 1,498.144  Millions$ 505.357  Millions
Liqtech International Inc  2.95 $ 22.090  Millions$ 7.500  Millions
Carrier Global Corporation  2.90 $ 18,780.000  Millions$ 6,466.000  Millions
Enerpac Tool Group Corp   2.83 $ 359.959  Millions$ 126.984  Millions
Trio tech International  2.72 $ 35.077  Millions$ 12.875  Millions

Date modified: 2024-02-06T23:33:47+00:00



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