Matthews International Corporation

NASDAQ MATW

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Matthews International Corporation Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -5.50%

Matthews International Corporation Accounts Payable Turnover Ratio 5 year CAGR is -5.50% for the Trailing 12 Months (TTM) ending March 31, 2024, a 27.15% 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.
  • Matthews International Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 4.08, a 2.79% change year over year.
  • Matthews International Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 3.97, a -18.38% change year over year.
  • Matthews International Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 4.87, a -6.41% change year over year.
  • Matthews International Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 5.20, a -10.86% change year over year.
NASDAQ: MATW

Matthews International Corporation

CEO Mr. Joseph C. Bartolacci
IPO Date July 20, 1994
Location United States
Headquarters Two NorthShore Center, Pittsburgh, PA, United States, 15212-5851
Employees 12,000
Sector Industrials
Industry Conglomerates
Description

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials. The Industrial Technologies segment designs, manufactures, services, and distributes high-tech custom energy storage solutions, and product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment also provides engineered calendaring, laminating, and coating equipment; stand-alone marking products; laser and ink-jet printing systems; and spare parts, calendar, and coating-roller refurbishing and retrofits. The SGK Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.

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September 20, 2024

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