|
Aflac Incorporated (NYSE: AFL) |
|
|
|
Aflac Incorporated Accounts Receivables Turnover Ratio from the forth quarter 2024 to the forth quarter 2023
Quarterly Results, Trends, Rankings, Statistics
Aflac Incorporated's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2024 to a ratio of 1.63, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Aflac Incorporated in Dec 31 2024 quarter, has decreased to 224 days, compared to 253 days, in the Sep 30 2024 quarter.
If we take a look into Financial sector 479 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 3144, from overall ranking in the third quarter 2024 at 3290.
What is Receivable Turnover Ratio?
What is Aflac Incorporated Selling?
What is Receivable Turnover Ratio?
Select the Comparisons :
|
|
Select the Ratio:
|
Accounts Receivables Turnover▼
|
Accounts Receivables Turnover▼
|
AFL Receivables Turnover Ratio |
(Dec 31 2024) IV. Quarter |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
Y / Y Receivable Change |
-13.24 % |
-10.32 % |
-11.62 % |
-7.26 % |
-7.18 % |
Y / Y Revenue Change |
43 % |
-40.42 % |
-0.66 % |
13.25 % |
-5.76 % |
Receivable Turnover Ratio (TTM) |
1.63 |
1.44 |
1.56 |
1.51 |
1.44 |
AFL's Total
Ranking |
# 3144 |
# 3290 |
# 2268 |
# 2206 |
# 2920 |
Accounts Receivable average collection period days |
225 |
254 |
234 |
241 |
254 |
Seq. Receivable Change |
-5.85 % |
-2.13 % |
-4.57 % |
-1.33 % |
-2.69 % |
Seq. Revenue Change |
83.25 % |
-42.6 % |
-5.48 % |
43.85 % |
-23.66 % |
Receivable Turnover Ratio Statistics |
High |
Average |
Low |
35.86 |
16 |
1.4 |
(Sep. 30, 2015) |
|
(Jun 30 2023) |
Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Financial Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Dec 31 2024 | Receivable at quarter ending Dec 31 2024 | Brightspire Capital Inc | 4.76 | $ 244.773 Millions | $ 51.449 Millions | Old National Bancorp | 4.74 | $ 1,774.861 Millions | $ 374.289 Millions | Riverview Bancorp Inc | 4.70 | $ 46.646 Millions | $ 9.927 Millions | Welltower Inc | 4.66 | $ 7,991.118 Millions | $ 1,715.698 Millions | California Bancorp Ca | 4.65 | $ 106.054 Millions | $ 22.797 Millions | Lakeland Financial Corporation | 4.64 | $ 236.773 Millions | $ 51.018 Millions | Bridge Investment Group Holdings Inc | 4.60 | $ 412.432 Millions | $ 89.694 Millions | Trupanion Inc | 4.56 | $ 1,285.684 Millions | $ 282.073 Millions | Peoples Bancorp Of North Carolina Inc | 4.51 | $ 82.079 Millions | $ 18.193 Millions | Mid Penn Bancorp Inc | 4.50 | $ 177.648 Millions | $ 39.479 Millions | Pjt Partners Inc | 4.48 | $ 1,493.177 Millions | $ 333.261 Millions | Digital Realty Trust inc | 4.47 | $ 5,554.968 Millions | $ 1,242.901 Millions | Lpl Financial Holdings Inc | 4.44 | $ 12,385.107 Millions | $ 2,791.411 Millions | Lazard Inc | 4.31 | $ 3,139.904 Millions | $ 727.905 Millions | Uwm Holdings Corporation | 4.22 | $ 2,163.691 Millions | $ 512.784 Millions | Provident Financial Holdings inc | 4.20 | $ 38.443 Millions | $ 9.151 Millions | Equity Commonwealth | 4.20 | $ 60.524 Millions | $ 14.408 Millions | Willis Towers Watson Plc | 4.20 | $ 9,930.000 Millions | $ 2,366.750 Millions | Principal Financial Group inc | 4.19 | $ 16,127.700 Millions | $ 3,852.900 Millions | The Hartford Insurance Group Inc | 4.18 | $ 26,535.000 Millions | $ 6,341.250 Millions | Moody s Corporation | 4.03 | $ 7,088.000 Millions | $ 1,759.500 Millions | Pcb Bancorp | 4.01 | $ 96.309 Millions | $ 24.016 Millions | Premier Financial Corp | 3.91 | $ 248.991 Millions | $ 63.692 Millions | Walker and Dunlop Inc | 3.88 | $ 1,132.490 Millions | $ 291.630 Millions | Aon Plc | 3.87 | $ 15,765.000 Millions | $ 4,075.250 Millions | Metropolitan Bank Holding Corp | 3.86 | $ 270.656 Millions | $ 70.132 Millions | Equity Bancshares Inc | 3.80 | $ 222.438 Millions | $ 58.565 Millions | First Capital Inc | 3.79 | $ 41.997 Millions | $ 11.078 Millions | Glacier Bancorp Inc | 3.78 | $ 804.772 Millions | $ 213.155 Millions | Unity Bancorp inc | 3.75 | $ 103.131 Millions | $ 27.493 Millions |
|