Hillenbrand Inc

NYSE HI

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Hillenbrand Inc Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -5.72%

Hillenbrand Inc Accounts Payable Turnover Ratio 5 year CAGR is -5.72% for the Trailing 12 Months (TTM) ending March 31, 2024, a 37.14% 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.

Hillenbrand Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 1.67, a -14.16% change year over year.
Hillenbrand Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 1.95, a -20.63% change year over year.
Hillenbrand Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 2.46, a 25.26% change year over year.
Hillenbrand Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 1.96, a -15.78% change year over year.

NYSE: HI

Hillenbrand Inc

CEO	Ms. Kimberly K. Ryan
IPO Date	March 28, 2008
Location	United States
Headquarters	One Batesville Boulevard, Batesville, IN, United States, 47006
Employees	10,400
Sector	Industrials
Industry	Specialty industrial machinery

Description

Hillenbrand, Inc. operates as an industrial company in the United States and internationally. The company operates through two segments, Advanced Process Solutions and Molding Technology Solutions. The Advanced Process Solutions segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems comprising compounding, extrusion, and material handling equipment, equipment system design services, as well as offers mixing technology, ingredient automation, and portion process; and provides screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, forest products, and other general industrials. The Molding Technology Solutions segment offers injection molding and extrusion equipment; hot runner systems; process control systems; mold bases and components; maintenance and repair services; and aftermarket parts and service for various industries, including automotive, consumer goods, medical, packaging, construction, and electronics. The company was founded in 1906 and is headquartered in Batesville, Indiana.

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