Worthington Industries Inc

NYSE WOR

Download Data

Worthington Industries Inc Accounts Payable Turnover Ratio 5 year CAGR for the quarter ending February 29, 2024: 7.30%

Worthington Industries Inc Accounts Payable Turnover Ratio 5 year CAGR is 7.30% for the quarter ending February 29, 2024, a 358.43% 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.
  • Worthington Industries Inc Accounts Payable Turnover Ratio for the quarter ending February 28, 2023 was 2.25, a 18.16% change year over year.
  • Worthington Industries Inc Accounts Payable Turnover Ratio for the quarter ending February 28, 2022 was 1.91, a 3.76% change year over year.
  • Worthington Industries Inc Accounts Payable Turnover Ratio for the quarter ending February 28, 2021 was 1.84, a -13.02% change year over year.
  • Worthington Industries Inc Accounts Payable Turnover Ratio for the quarter ending February 29, 2020 was 2.11, a 2.64% change year over year.
NYSE: WOR

Worthington Industries Inc

CEO Mr. John P. McConnell
IPO Date March 26, 1990
Location United States
Headquarters 200 Old Wilson Bridge Road, Columbus, OH, United States, 43085
Employees 5,000
Sector Industrials
Industry Metal fabrication
Description

Worthington Enterprises, Inc. operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors. The Consumer Products segment provides products in the tools, outdoor living, and celebrations end markets. Its products include propane-filled cylinders for torches, camping stoves and other applications, LPG cylinders, handheld torches, helium-filled balloon kits, specialized hand tools and instruments, and drywall tools and accessories This segment sells its products primarily to mass merchandisers, retailers, and distributors under the Coleman, Bernzomatic, Balloon Time, Mag-Torch, General, Garden-Weasel, Pactool International, Hawkeye, Worthington Pro Grade, and Level5 brands. The Sustainable Energy Solutions segment sells onboard fueling systems and services, as well as gas containment solutions and services for storage, transport, and distribution of industrial gases. It includes high pressure and acetylene cylinders for life support systems and alternative fuel cylinders used to hold CNG and hydrogen for automobiles, buses, and light-duty trucks. The company was formerly known as Worthington Industries, Inc. Worthington Enterprises, Inc. was founded in 1955 and is headquartered in Columbus, Ohio.

Similar companies

HAYN

Haynes International Inc

NA

NA

IIIN

Insteel Industries Inc

NA

NA

CRS

Carpenter Technology Corporation

NA

NA

NWPX

Northwest Pipe Company

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email