Hurco Companies Inc

NASDAQ HURC

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Hurco Companies Inc Sales to Working Capital Ratio 1 year YoY Change (%) for the quarter ending January 31, 2024: -14.25%

Hurco Companies Inc Sales to Working Capital Ratio 1 year YoY Change (%) is -14.25% for the quarter ending January 31, 2024, a 9.49% change year over year. The sales to working capital ratio measures the revenue generated by a company relative to its working capital. It is calculated by dividing the revenue by the difference between current assets and current liabilities. This ratio indicates the company's revenue generation efficiency based on its working capital. A higher sales to working capital ratio suggests better utilization of working capital to generate sales revenue. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Hurco Companies Inc Sales to Working Capital Ratio for the quarter ending January 31, 2023 was 0.27, a -15.74% change year over year.
  • Hurco Companies Inc Sales to Working Capital Ratio for the quarter ending January 31, 2022 was 0.32, a 19.80% change year over year.
  • Hurco Companies Inc Sales to Working Capital Ratio for the quarter ending January 31, 2021 was 0.27, a 22.87% change year over year.
  • Hurco Companies Inc Sales to Working Capital Ratio for the quarter ending January 31, 2020 was 0.22, a -41.51% change year over year.
NASDAQ: HURC

Hurco Companies Inc

CEO Mr. Michael Doar
IPO Date Sept. 5, 1989
Location United States
Headquarters One Technology Way, Indianapolis, IN, United States, 46268
Employees 716
Sector Industrials
Industry Specialty industrial machinery
Description

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. The company also provides computer control systems and related software for press brake applications. In addition, it offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. Further, the company provides Autobend computer control systems for press brake machines. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana.

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StockViz Staff

September 19, 2024

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