Rev Group Inc

NYSE REVG

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Rev Group Inc Accounts Payable Turnover Ratio 5 year CAGR for the year ending October 31, 2023: 3.01%

Rev Group Inc Accounts Payable Turnover Ratio 5 year CAGR is 3.01% for the year ending October 31, 2023, a -52.86% 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.
  • Rev Group Inc Accounts Payable Turnover Ratio for the year ending October 31, 2022 was 14.23, a -30.57% change year over year.
  • Rev Group Inc Accounts Payable Turnover Ratio for the year ending October 31, 2021 was 20.49, a 52.48% change year over year.
  • Rev Group Inc Accounts Payable Turnover Ratio for the year ending October 31, 2020 was 13.44, a 12.25% change year over year.
  • Rev Group Inc Accounts Payable Turnover Ratio for the year ending October 31, 2019 was 11.97, a 9.64% change year over year.
NYSE: REVG

Rev Group Inc

CEO Mr. Rodney N. Rushing
IPO Date Jan. 27, 2017
Location United States
Headquarters 245 South Executive Drive, Brookfield, WI, United States, 53005
Employees 6,724
Sector Industrials
Industry Farm & heavy construction machinery
Description

REV Group, Inc., together with its subsidiaries, designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment provides fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara, Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brand names; and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue, and Wheeled Coach brand names. The Commercial segment offers transit buses, type A school buses, sweepers, and terminal trucks under the Collins Bus, Eldorado National (California), Magellan, Capacity, and LayMor brand names. The Recreation segment offers motorized and towable RV models under the American Coach, Fleetwood RV, Holiday Rambler, Renegade RV, Midwest Automotive Designs, and Lance Camper brands; and produces a range of custom molded fiberglass products. The company sells its products to municipalities, government agencies, private contractors, consumers, and industrial and commercial end users through its direct sales force or dealer network. The company was formerly known as Allied Specialty Vehicles, Inc. and changed its name to REV Group, Inc. in November 2015. REV Group, Inc. was incorporated in 2008 and is based in Brookfield, Wisconsin.

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StockViz Staff

September 20, 2024

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