Allegion PLC

NYSE ALLE

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Allegion PLC Average Collection Period 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -47.30%

Allegion PLC Average Collection Period 2 year CAGR is -47.30% for the Trailing 12 Months (TTM) ending March 31, 2024, a -1,332.69% change year over year. The average collection period measures the average number of days it takes for a company to collect payments from its customers. It is calculated by dividing 365 by the ratio of revenue to the average of receivables and other current assets. A lower average collection period indicates a more efficient collection process and better cash flow management, while a higher period may suggest delayed payments and potential liquidity challenges. 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.
  • Allegion PLC Average Collection Period for the Trailing 12 Months (TTM) ending March 31, 2023 was 95.30, a 5.41% change year over year.
  • Allegion PLC Average Collection Period for the Trailing 12 Months (TTM) ending March 31, 2022 was 90.41, a -11.29% change year over year.
  • Allegion PLC Average Collection Period for the Trailing 12 Months (TTM) ending March 31, 2021 was 101.92, a 0.91% change year over year.
  • Allegion PLC Average Collection Period for the Trailing 12 Months (TTM) ending March 31, 2020 was 100.99, a -1.07% change year over year.
NYSE: ALLE

Allegion PLC

CEO Mr. Jeffrey N. Braun
IPO Date Nov. 18, 2013
Location Ireland
Headquarters Iveagh Court, Dublin, Ireland, D02 VH94
Employees 12,200
Sector Industrials
Industry Security & protection services
Description

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other. It also provides services and software, which includes inspection, maintenance, and repair services for its automatic entrance solutions; and software as a service, including access control, IoT integration, and workforce management solutions, as well as aftermarket services, design and installation offerings, and locksmith services. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.

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StockViz Staff

September 20, 2024

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