Ternium SA ADR

NYSE TX

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Ternium SA ADR Accounts Payable Turnover Ratio 3 year CAGR for the quarter ending March 31, 2024: -4.32%

Ternium SA ADR Accounts Payable Turnover Ratio 3 year CAGR is -4.32% for the quarter ending March 31, 2024, a -19,388.34% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Ternium SA ADR Accounts Payable Turnover Ratio for the quarter ending March 31, 2023 was 2.67, a -11.80% change year over year.
  • Ternium SA ADR Accounts Payable Turnover Ratio for the quarter ending March 31, 2022 was 3.03, a 9.84% change year over year.
  • Ternium SA ADR Accounts Payable Turnover Ratio for the quarter ending March 31, 2021 was 2.76, a 3.29% change year over year.
  • Ternium SA ADR Accounts Payable Turnover Ratio for the quarter ending March 31, 2020 was 2.67, a -8.49% change year over year.
NYSE: TX

Ternium SA ADR

CEO Mr. Maximo Vedoya
IPO Date Feb. 1, 2006
Location Luxembourg
Headquarters 26 Boulevard Royal, Luxembourg City, Luxembourg, 2449
Employees 34,458
Sector Basic Materials
Industry Steel
Description

Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

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StockViz Staff

September 20, 2024

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