2024-02-15 20:32:43 ET
Summary
- Powell Industries' recent revenue surge highly correlated with extended credit to client accounts.
- As accounts receivable being paid, the company's operating cash flow will be strong for next few quarters, but could also mean slow down in revenue growth.
- Strong continuous growth highly depending on the Oil, Gas and Petrochemical industries, which could have already gone through its recent cyclical revival.
Investment Thesis
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Powell Industries: Why It May Have Reached Its Recent Peak