Maximus Inc

NYSE MMS

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Maximus Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2024: 1.45

Maximus Inc Accounts Receivable Turnover Ratio is 1.45 for the quarter ending March 31, 2024, a -9.37% 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.
  • Maximus Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2023 was 1.60, a 22.33% change year over year.
  • Maximus Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2022 was 1.31, a 3.87% change year over year.
  • Maximus Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2021 was 1.26, a 5.23% change year over year.
  • Maximus Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2020 was 1.20, a 4.52% change year over year.
NYSE: MMS

Maximus Inc

CEO Mr. Bruce L. Caswell
IPO Date June 12, 1997
Location United States
Headquarters 1600 Tysons Boulevard, Tysons, VA, United States, 22102
Employees 39,600
Sector Industrials
Industry Specialty business services
Description

Maximus, Inc. operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; system implementation project management services; and specialized consulting services. The U.S. Federal Services segment offers Business process services, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, including application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, and infrastructure and engineering solutions. The Outside the U.S. segment offers BPS solutions for international governments, including health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. Maximus, Inc. was founded in 1975 and is headquartered in McLean, Virginia.

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StockViz Staff

September 20, 2024

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