Tetra Tech seems to have everything going for it lately: Revenue is up, the company completed a five-for-one stock split earlier this month and even the Loper Bright U.S. Supreme Court decision in June that ends Chevron deference to federal regulators, counterintuitively, could bode well for its assortment of environmental consulting services.
The company also reported two enviable financial and cash-management statistics: operating cash flow and days needed to collect invoice payments, also called days sales outstanding. Tetra Tech says it collects payments more than three weeks faster than the industry average.