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Hennessy Advisors Inc  (HNNA)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 

Hennessy Advisors Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Hennessy Advisors Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2024 to a ratio of 28.35, above the company average. This is a clear sign of healthy business climate in the Investment Services industry and improving liquidity at their respective customers, during the first quarter 2024. Average receivable collection period, for the Hennessy Advisors Inc in Dec 31 2023 quarter, has decreased to 13 days, compared to 21 days, in the Sep 30 2023 quarter.

If we take a look into Financial sector 8 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 67, from overall ranking in the forth quarter 2023 at 3058.

What is Receivable Turnover Ratio?
What is Hennessy Advisors Inc Selling?


What is Receivable Turnover Ratio?




HNNA Receivables Turnover Ratio (Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
Y / Y Receivable Change -89.24 % -89.3 % -90.33 % -24.64 % -27.44 %
Y / Y Revenue Change -12.81 % -31.36 % -27.78 % -23.62 % -27.99 %
Receivable Turnover Ratio (TTM) 28.35 17.19 13.32 10.97 10.92
HNNA's Total Ranking # 67 # 3058 # 872 # 911 # 3125
Average receivable collection period 13 21 27 33 33
Seq. Receivable Change 1.62 % 4.22 % -89.16 % -6.22 % 1.04 %
Seq. Revenue Change 20.49 % -10.88 % -15.65 % -3.73 % -5.16 %


Receivable Turnover Company Ranking
Within: No.
Investment Services Industry # 1
Financial Sector # 9
Overall Market # 67

Receivable Turnover Ratio Statistics
High Average Low
24.09 11.34 10.4
(Dec 31 2023)   (Mar 31 2021)






Financial Statements
Hennessy Advisors Inc's Accounts Receivable $ 0 Millions Visit HNNA's Balance sheet
Hennessy Advisors Inc's Sales TTM $ 21 Millions Visit HNNA's Income Statement
Where are HNNA's Sales coming from? Visit HNNA's Sales by Geography

Other Accounts Receivable Turnover Ratios
Investment Services Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
HNNA's Receivable Turnover Ratio versus Investment Services Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for HNNA's Competitors
Receivables Turnover Ratio for HNNA's Suppliers
Accounts Receivables Turnover Ratio for HNNA's Customers

You may also want to know
HNNA's Growth Rates HNNA's Roa HNNA's Inventory Turnover Ratio HNNA's Dividend Comparisons
HNNA's Profitability Ratios HNNA's Roi HNNA's Asset Turnover Ratio HNNA's Dividend Growth
HNNA's Valuation Ratios HNNA's Roe HNNA's Financial Strength Ratios HNNA'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
Granite Real Estate Investment Trust  204.01 $ 399.278  Millions$ 1.957  Millions
Sphere 3d Corp   194.29 $ 21.906  Millions$ 0.113  Millions
Douglas Emmett Inc   137.50 $ 1,020.488  Millions$ 7.422  Millions
Rocket Companies Inc   122.82 $ 3,382.160  Millions$ 27.539  Millions
White Mountains Insurance Group ltd   113.14 $ 2,166.700  Millions$ 19.150  Millions
Northstar Healthcare Income Inc   109.45 $ 204.978  Millions$ 1.873  Millions
Kilroy Realty Corporation  87.57 $ 1,129.694  Millions$ 12.901  Millions
Inspirato Incorporated  80.36 $ 329.100  Millions$ 4.095  Millions
First Industrial Realty Trust Inc   73.72 $ 614.027  Millions$ 8.329  Millions
Veris Residential Inc   71.55 $ 279.859  Millions$ 3.912  Millions
Cousins Properties Inc  69.70 $ 802.874  Millions$ 11.519  Millions
Rithm Capital Corp   69.07 $ 3,798.177  Millions$ 54.991  Millions
Pennymac Financial Services inc   66.04 $ 1,933.037  Millions$ 29.272  Millions
Service Properties Trust  66.00 $ 1,873.863  Millions$ 28.393  Millions
Terawulf Inc   65.68 $ 61.148  Millions$ 0.931  Millions
Lxp Industrial Trust  64.63 $ 340.503  Millions$ 5.269  Millions
Chatham Lodging Trust  62.77 $ 311.109  Millions$ 4.956  Millions
Hamilton Lane Inc  60.01 $ 494.198  Millions$ 8.235  Millions
American Assets Trust Inc   55.72 $ 436.141  Millions$ 7.828  Millions
National Rural Utilities Cooperative Finance Corpo  53.18 $ 1,743.162  Millions$ 32.779  Millions
Physicians Realty Trust  51.50 $ 543.463  Millions$ 10.553  Millions
Employers Holdings Inc   51.18 $ 850.900  Millions$ 16.625  Millions
Humana Inc   50.68 $ 106,374.000  Millions$ 2,098.750  Millions
Proassurance Corporation  50.57 $ 1,137.212  Millions$ 22.489  Millions
Old Republic International Corporation  50.36 $ 7,258.300  Millions$ 144.125  Millions
Axos Financial Inc   48.35 $ 1,033.084  Millions$ 21.367  Millions
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

Date modified: 2024-02-09T09:23:12+00:00



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