Ardmore Shipping Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2026 to a ratio of 6.27, above the company average. This is a clear sign of healthy business climate in the Marine Transportation industry and improving liquidity at their respective customers, during the first quarter 2026. Average receivable collection period, for the Ardmore Shipping in Mar 31 2026 quarter, has decreased to 58 days, compared to 59 days, in the Dec 31 2025 quarter.

If we take a look into Transportation sector 108 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2026 from 2175 to 3839.

What is Receivable Turnover Ratio?
What is Ardmore Shipping Corp Selling?

What is Receivable Turnover Ratio?

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ASC Receivables Turnover Ratio	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter
Y / Y Receivable Change	10.55 %	-21.91 %	-17.68 %	-29.77 %	2412.68 %
Y / Y Revenue Change	18.81 %	1.06 %	-15.47 %	-40.62 %	-30.39 %
Receivable Turnover Ratio (TTM)	6.27	6.15	5.76	5.73	6
ASC's Total Ranking	# 3839	# 2175	#	#	#
Accounts Receivable average collection period days	58	59	63	64	61
Seq. Receivable Change	11.03 %	-11.26 %	1.48 %	10.58 %	-21.57 %
Seq. Revenue Change	6.04 %	2.05 %	12.77 %	-2.64 %	-9.8 %

Receivable Turnover Company Ranking
Within:	No.
Marine Transportation Industry	# 48
Transportation Sector	# 109
Overall Market	# 3839

Receivable Turnover Ratio Statistics
High	Average	Low
23.03	4.12	0
0		(Dec 31 2018)

ASC Company Profile • Back to ASC Efficiency Comparisons • Compare ASC Receivables Turnover Ratio to its Competitors

Financial Statements
Ardmore Shipping's Accounts Receivable	$ 53 Millions	Visit ASC's Balance sheet
Ardmore Shipping's Sales TTM	$ 324 Millions	Visit ASC's Income Statement
Sources of ASC's Revenues		Visit ASC's Sales by Geography

Other Accounts Receivable Turnover Ratios
Marine Transportation Industry Accounts Receivable Turnover Trends and Statistics
Transportation Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ASC's Receivable Turnover Ratio versus Marine Transportation Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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ASC's Growth Rates	ASC's Roa	ASC's Inventory Turnover Ratio	ASC's Dividend Comparisons
ASC's Profitability Ratios	ASC's Roi	ASC's Asset Turnover Ratio	ASC's Dividend Growth
ASC's Valuation Ratios	ASC's Roe	ASC's Financial Strength Ratios	ASC's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2026, within Transportation Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2026	Receivable at quarter ending Mar 31 2026
Union Pacific Corp	12.86	$ 24,700.000 Millions	$ 1,920.500 Millions
Pangaea Logistics Solutions Ltd	12.81	$ 678.943 Millions	$ 53.006 Millions
Knight swift Transportation Holdings Inc	12.27	$ 7,495.550 Millions	$ 610.917 Millions
Air T Inc	12.22	$ 327.090 Millions	$ 26.769 Millions
Toppoint Holdings Inc	12.16	$ 16.844 Millions	$ 1.385 Millions
Massimo Group	11.89	$ 68.146 Millions	$ 5.732 Millions
Norfolk Southern Corp	11.24	$ 12,185.000 Millions	$ 1,084.000 Millions
Old Dominion Freight Line Inc	10.58	$ 5,456.227 Millions	$ 515.898 Millions
Csx Corporation	10.36	$ 14,151.000 Millions	$ 1,366.000 Millions
Arcbest Corporation	10.06	$ 4,041.867 Millions	$ 401.840 Millions
J b Hunt Transport Services Inc	9.90	$ 12,134.195 Millions	$ 1,225.339 Millions
Heartland Express Inc	9.60	$ 762.545 Millions	$ 79.426 Millions
Marten Transport Ltd	9.57	$ 864.026 Millions	$ 90.290 Millions
Schneider National Inc	9.32	$ 5,671.000 Millions	$ 608.625 Millions
Saia Inc	9.15	$ 3,252.937 Millions	$ 355.428 Millions
United Parcel Service Inc	8.50	$ 88,317.000 Millions	$ 10,388.500 Millions
Fedex Corporation	7.98	$ 91,933.000 Millions	$ 11,514.750 Millions
Covenant Logistics Group Inc	7.88	$ 1,202.278 Millions	$ 152.561 Millions
Pamt Corp	7.83	$ 584.594 Millions	$ 74.656 Millions
Westinghouse Air Brake Technologies Corporation	7.31	$ 11,507.000 Millions	$ 1,574.250 Millions
Forward Air Corporation	7.29	$ 2,463.883 Millions	$ 337.847 Millions
Werner Enterprises Inc	7.07	$ 3,070.892 Millions	$ 434.618 Millions
Canadian Pacific Kansas City Ltd	6.98	$ 11,035.588 Millions	$ 1,580.020 Millions
Landstar System Inc	6.88	$ 4,775.610 Millions	$ 693.846 Millions
Brink s Co	6.71	$ 5,389.600 Millions	$ 802.950 Millions
Bristow Group Inc	6.51	$ 1,528.687 Millions	$ 234.724 Millions
C h Robinson Worldwide Inc	6.49	$ 16,198.957 Millions	$ 2,495.947 Millions
Radiant Logistics Inc	6.46	$ 893.500 Millions	$ 138.285 Millions
Trinity Industries Inc	6.11	$ 2,063.500 Millions	$ 337.700 Millions
Universal Logistics Holdings Inc	5.87	$ 1,543.582 Millions	$ 262.788 Millions

Date modified: 2026-09-12T06:20:12+00:00

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