ABM Industries Incorporated

NYSE ABM

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ABM Industries Incorporated Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2024: 1.38

ABM Industries Incorporated Accounts Receivable Turnover Ratio is 1.38 for the Trailing 12 Months (TTM) ending January 31, 2024, a -5.83% change year over year. The accounts receivable turnover ratio measures the efficiency of a company in collecting payments from its customers. It is calculated by dividing the company's revenue by its accounts receivable. This ratio provides insight into how quickly a company collects outstanding funds owed to it. A higher turnover ratio implies that the company efficiently converts credit sales into cash, while a lower ratio may indicate delays in collecting payments or potential issues with credit management.
  • ABM Industries Incorporated Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2023 was 1.46, a -5.51% change year over year.
  • ABM Industries Incorporated Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2022 was 1.55, a 0.13% change year over year.
  • ABM Industries Incorporated Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2021 was 1.55, a 4.53% change year over year.
  • ABM Industries Incorporated Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2020 was 1.48, a -5.18% change year over year.
NYSE: ABM

ABM Industries Incorporated

CEO Mr. Scott B. Salmirs
IPO Date July 19, 1984
Location United States
Headquarters One Liberty Plaza, New York, NY, United States, 10006
Employees 123,000
Sector Industrials
Industry Specialty business services
Description

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments. The company offers janitorial, facilities engineering, and parking services for commercial real estate properties, including corporate offices for high tech clients, sports and entertainment venues, and traditional hospitals and non-acute healthcare facilities; provides vehicle maintenance and other services to rental car providers. It also offers integrated facility services, engineering, and other specialized services in various types of manufacturing, distribution, and data center facilities. In addition, the company delivers custodial and landscaping and grounds for public school districts, private schools, colleges, and universities. Further, it supports airlines and airports with services comprising passenger assistance, catering logistics, air cabin maintenance, and transportation services. Additionally, the company provides electric vehicle power design, installation, and maintenance, as well as microgrid systems installations. ABM Industries Incorporated was founded in 1909 and is headquartered in New York, New York.

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StockViz Staff

September 20, 2024

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