Haynes International Inc

NASDAQ HAYN

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Haynes International Inc Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 1.90%

Haynes International Inc Accounts Payable Turnover Ratio 5 year CAGR is 1.90% for the Trailing 12 Months (TTM) ending March 31, 2024, a 167.79% 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.

Haynes International Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 2.42, a 0.30% change year over year.
Haynes International Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 2.41, a -39.96% change year over year.
Haynes International Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 4.01, a 20.41% change year over year.
Haynes International Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 3.33, a 7.74% change year over year.

NASDAQ: HAYN

Haynes International Inc

CEO	Mr. Michael L. Shor
IPO Date	March 21, 2007
Location	United States
Headquarters	1020 West Park Avenue, Kokomo, IN, United States, 46904
Employees	1,248
Sector	Industrials
Industry	Metal fabrication

Description

Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys used by manufacturers of equipment, including jet engines for the aerospace market, gas turbine engines for power generation, and industrial heating equipment. It also provides corrosion-resistant alloys used in various applications, including chemical processing, power plant emissions control, and hazardous waste treatment. In addition, its products also have applications in flue-gas desulfurization, oil and gas, waste incineration, industrial heat treating, automotive, thermocouples, sensors and instrumentation, biopharmaceuticals, solar, and nuclear fuel. Further, the company produces its products in various forms, such as seamless and welded tubulars, slab, bar, billet, and wire. Additionally, it sells its products primarily through direct sales organizations, and network of independent distributors and sales agents. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana.

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