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Essent Group Ltd   (ESNT)
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Essent Group Ltd Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Essent Group Ltd 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 17.37, above the company average. This is a clear sign of healthy business climate in the Property & Casualty Insurance industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Essent Group Ltd in Dec 31 2023 quarter, has decreased to 21 days, compared to 22 days, in the Sep 30 2023 quarter.

If we take a look into Financial sector 82 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 467, from overall ranking in the third quarter 2023 at 712.

What is Receivable Turnover Ratio?
What is Essent Group Ltd Selling?


What is Receivable Turnover Ratio?




ESNT Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change 10.22 % 15.68 % 22.25 % 35.68 % 24.36 %
Y / Y Revenue Change 29.23 % 13.12 % 6.43 % -3.16 % -10.46 %
Receivable Turnover Ratio (TTM) 17.37 16.7 16.77 17.33 18.8
ESNT's Total Ranking # 467 # 712 # 589 # 363 # 3079
Average receivable collection period 21 22 22 21 19
Seq. Receivable Change -7.41 % 9 % 2.3 % 6.76 % -2.83 %
Seq. Revenue Change 0.39 % 13.83 % 1.51 % 11.39 % -12.12 %


Receivable Turnover Company Ranking
Within: No.
Property & Casualty Insurance Industry # 12
Financial Sector # 83
Overall Market # 467

Receivable Turnover Ratio Statistics
High Average Low
22.05 17.08 13.17
(Jun 30 2022)   (Dec 31 2018)






Financial Statements
Essent Group Ltd 's Accounts Receivable $ 63 Millions Visit ESNT's Balance sheet
Essent Group Ltd 's Sales TTM $ 1,110 Millions Visit ESNT's Income Statement
Where are ESNT's Sales coming from? Visit ESNT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Property & Casualty Insurance Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ESNT's Receivable Turnover Ratio versus Property & Casualty Insurance Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for ESNT's Competitors
Receivables Turnover Ratio for ESNT's Suppliers
Accounts Receivables Turnover Ratio for ESNT's Customers

You may also want to know
ESNT's Growth Rates ESNT's Roa ESNT's Inventory Turnover Ratio ESNT's Dividend Comparisons
ESNT's Profitability Ratios ESNT's Roi ESNT's Asset Turnover Ratio ESNT's Dividend Growth
ESNT's Valuation Ratios ESNT's Roe ESNT's Financial Strength Ratios ESNT's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Oportun Financial Corporation  46.14 $ 1,056.919  Millions$ 22.906  Millions
Safety Insurance Group Inc   45.61 $ 930.956  Millions$ 20.413  Millions
Healthcare Realty Trust Incorporated  44.54 $ 1,343.769  Millions$ 30.173  Millions
Franklin Financial Services Corporation  43.79 $ 65.764  Millions$ 1.502  Millions
Camden National Corp  41.89 $ 161.197  Millions$ 3.849  Millions
Cincinnati Financial Corporation  41.16 $ 10,013.000  Millions$ 243.250  Millions
Gohealth Inc   39.27 $ 734.671  Millions$ 18.707  Millions
Alexander and Baldwin Inc   38.69 $ 208.900  Millions$ 5.400  Millions
Healthpeak Properties inc   38.59 $ 2,181.003  Millions$ 56.519  Millions
Alexanders Inc  38.24 $ 224.962  Millions$ 5.883  Millions
United Community Banks Inc   36.63 $ 803.818  Millions$ 21.946  Millions
Gcm Grosvenor Inc   34.30 $ 444.999  Millions$ 12.973  Millions
Brandywine Realty Trust  34.19 $ 514.651  Millions$ 15.052  Millions
American Homes 4 Rent  33.84 $ 1,623.605  Millions$ 47.983  Millions
Rlj Lodging Trust  33.76 $ 1,325.577  Millions$ 39.270  Millions
Assetmark Financial Holdings Inc   33.64 $ 708.499  Millions$ 21.064  Millions
Nmi Holdings Inc   32.69 $ 579.003  Millions$ 17.713  Millions
Summit Hotel Properties inc   32.10 $ 736.127  Millions$ 22.935  Millions
Bakkt Holdings Inc   32.03 $ 782.903  Millions$ 24.443  Millions
Equity Lifestyle Properties Inc   30.77 $ 1,489.423  Millions$ 48.413  Millions
Hope Bancorp Inc   30.28 $ 542.338  Millions$ 17.912  Millions
Enact Holdings Inc   29.34 $ 1,153.686  Millions$ 39.320  Millions
Pebblebrook Hotel Trust  29.01 $ 1,419.949  Millions$ 48.939  Millions
Finwise Bancorp  28.96 $ 64.001  Millions$ 2.210  Millions
Highwoods Properties Inc   28.69 $ 891.127  Millions$ 31.064  Millions
Clover Health Investments Corp   27.41 $ 2,033.720  Millions$ 74.200  Millions
Clipper Realty Inc   27.17 $ 138.205  Millions$ 5.087  Millions
Corebridge Financial Inc   27.02 $ 18,878.000  Millions$ 698.750  Millions
Everest Group Ltd   25.75 $ 18,223.533  Millions$ 707.750  Millions
Rayonier Inc   25.26 $ 1,056.933  Millions$ 41.838  Millions

Date modified: 2024-02-16T22:34:51+00:00



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