CSIMarket
 


Prosperity Bancshares Inc   (PB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Prosperity Bancshares Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Prosperity Bancshares Inc 's ability to collect accounts receivable sequentially worsen to 11.93, indicating more challenging environment then in the second quarter 2023, but still, it is a far cry from any concerns. Prosperity Bancshares Inc 's Average receivable collection period in the Sep 30 2023 quarter, has increased to 31 days, from 29 days, in the Jun 30 2023 quarter.

If we take a look into Financial sector 745 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 1215 to 3821.

What is Receivable Turnover Ratio?
What is Prosperity Bancshares Inc Selling?


What is Receivable Turnover Ratio?




PB Receivables Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Receivable Change 19.23 % 22.88 % 36.62 % 23.43 % 9.63 %
Y / Y Revenue Change -5.79 % -9.95 % 2.42 % 3.76 % 5.13 %
Receivable Turnover Ratio (TTM) 11.93 12.64 13.62 14.63 15.32
PB's Total Ranking # 3821 # 1215 # 1399 # 3912 # 846
Average receivable collection period 31 29 27 25 24
Seq. Receivable Change 5.14 % -2.89 % 7.43 % 8.7 % 8.35 %
Seq. Revenue Change 8.02 % -8.56 % -4.13 % -0.51 % 3.25 %


Receivable Turnover Company Ranking
Within: No.
Regional Banks Industry # 186
Financial Sector # 746
Overall Market # 3821

Receivable Turnover Ratio Statistics
High Average Low
0.04 0.03 0.03
(Dec. 30, 2015)   (Sep 30 2023)






Financial Statements
Prosperity Bancshares Inc 's Accounts Receivable $ 97 Millions Visit PB's Balance sheet
Prosperity Bancshares Inc 's Sales TTM $ 1,111 Millions Visit PB's Income Statement
Where are PB's Sales coming from? Visit PB's Sales by Geography

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

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Clover Health Investments Corp   31.24 $ 2,422.260  Millions$ 77.543  Millions
Equity Lifestyle Properties Inc   31.09 $ 1,469.396  Millions$ 47.268  Millions
Rlj Lodging Trust  30.88 $ 1,308.060  Millions$ 42.361  Millions
Hope Bancorp Inc   30.71 $ 563.273  Millions$ 18.344  Millions
Enact Holdings Inc   29.94 $ 1,134.338  Millions$ 37.892  Millions
Tradeweb Markets Inc   29.62 $ 1,261.261  Millions$ 42.576  Millions
Sotherly Hotels Inc   28.87 $ 220.202  Millions$ 7.628  Millions
Pebblebrook Hotel Trust  28.52 $ 1,405.467  Millions$ 49.276  Millions
Clipper Realty Inc   27.04 $ 136.347  Millions$ 5.043  Millions
Gohealth Inc   26.61 $ 527.350  Millions$ 19.820  Millions
B Riley Financial Inc   26.32 $ 1,792.698  Millions$ 68.120  Millions
Doma Holdings Inc   25.94 $ 335.835  Millions$ 12.948  Millions
Bakkt Holdings Inc   25.78 $ 602.152  Millions$ 23.354  Millions
Hawthorn Bancshares Inc   25.46 $ 65.900  Millions$ 2.589  Millions
Uniti Group Inc   24.68 $ 1,147.910  Millions$ 46.518  Millions
Empire State Realty Op L p   24.57 $ 727.963  Millions$ 29.633  Millions
Moelis and Co  24.02 $ 847.053  Millions$ 35.268  Millions
Siebert Financial Corp  23.88 $ 62.255  Millions$ 2.607  Millions
First United Corporation  23.78 $ 75.745  Millions$ 3.185  Millions
Orchid Island Capital Inc   22.95 $ 328.372  Millions$ 14.305  Millions
Green Dot Corp  22.84 $ 1,477.717  Millions$ 64.695  Millions
Pennymac Financial Services inc   22.70 $ 704.824  Millions$ 31.049  Millions
Selectis Health Inc   22.62 $ 58.598  Millions$ 2.590  Millions
Banner Corporation  22.58 $ 1,651.861  Millions$ 73.156  Millions
Healthcare Realty Trust Incorporated  22.44 $ 1,351.390  Millions$ 60.232  Millions
The Marygold Companies Inc   22.18 $ 34.189  Millions$ 1.541  Millions
Pra Group Inc   21.70 $ 803.986  Millions$ 37.049  Millions
American Healthcare Reit Inc   21.55 $ 3,213.652  Millions$ 149.097  Millions
Rithm Capital Corp   21.20 $ 3,673.436  Millions$ 173.272  Millions
Federated Hermes Inc   20.66 $ 1,644.489  Millions$ 79.597  Millions

Date modified: 2023-11-04T19:37:02+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com