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Bank Of America Corporation (NYSE: BAC) |
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Bank Of America Accounts Receivables Turnover Ratio from the first quarter 2025 to the first quarter 2024
Quarterly Results, Trends, Rankings, Statistics
Bank Of America Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2025 to a ratio of 1.24, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Bank Of America in Mar 31 2025 quarter, has decreased to 294 days, compared to 304 days, in the Dec 31 2024 quarter.
If we take a look into Financial sector 492 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2025 from 2690 to 3187.
What is Receivable Turnover Ratio?
What is Bank Of America Corporation Selling?
What is Receivable Turnover Ratio?
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Accounts Receivables Turnover▼
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Accounts Receivables Turnover▼
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| BAC Receivables Turnover Ratio |
(Mar 31 2025)
I. Quarter |
(Dec 31 2024)
IV. Quarter |
(Sep 30 2024)
III. Quarter |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
| Y / Y Receivable Change |
-6.71 % |
0.45 % |
22.76 % |
9.43 % |
7.76 % |
| Y / Y Revenue Change |
6 % |
15.43 % |
0.71 % |
0.71 % |
-1.68 % |
| Receivable Turnover Ratio (TTM) |
1.24 |
1.2 |
1.16 |
1.22 |
1.24 |
| BAC's Total
Ranking |
# 3187 |
# 2690 |
# 1942 |
# 2873 |
# 1942 |
| Accounts Receivable average collection period days |
295 |
305 |
315 |
300 |
294 |
| Seq. Receivable Change |
-2.33 % |
-9.88 % |
12.71 % |
-5.96 % |
5.16 % |
| Seq. Revenue Change |
7.97 % |
0.01 % |
-0.13 % |
-1.71 % |
17.57 % |
| Receivable Turnover Ratio Statistics |
| High |
Average |
Low |
| 12.4 |
2.95 |
0.09 |
| (June 30, 2008) |
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(Sep 30 2022) |
| Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2025, within Financial Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Mar 31 2025 | Receivable at quarter ending Mar 31 2025 | | Industrial Logistics Properties Trust | 3.53 | $ 441.992 Millions | $ 125.382 Millions | | Jefferies Financial Group Inc | 3.51 | $ 10,435.991 Millions | $ 2,971.560 Millions | | Cna Financial Corporation | 3.50 | $ 14,453.000 Millions | $ 4,127.000 Millions | | Provident Financial Services Inc | 3.49 | $ 700.992 Millions | $ 200.656 Millions | | Ltc Properties Inc | 3.49 | $ 207.512 Millions | $ 59.475 Millions | | Whitestone Reit | 3.49 | $ 155.121 Millions | $ 44.502 Millions | | Raymond James Financial Inc | 3.46 | $ 15,645.000 Millions | $ 4,522.250 Millions | | Easterly Government Properties Inc | 3.36 | $ 302.477 Millions | $ 89.906 Millions | | Sei Investments Company | 3.36 | $ 2,164.916 Millions | $ 643.650 Millions | | Wafd Inc | 3.33 | $ 729.805 Millions | $ 219.105 Millions | | Hanover Insurance Group Inc | 3.32 | $ 6,289.500 Millions | $ 1,891.825 Millions | | Safehold inc | 3.29 | $ 370.149 Millions | $ 112.368 Millions | | Southside Bancshares Inc | 3.26 | $ 254.817 Millions | $ 78.140 Millions | | City Office Reit Inc | 3.22 | $ 168.891 Millions | $ 52.386 Millions | | Invesco Db Agriculture Fund | 3.17 | $ 14.185 Millions | $ 4.481 Millions | | First Interstate Bancsystem Inc | 3.16 | $ 922.000 Millions | $ 291.350 Millions | | Hanover Bancorp Inc | 3.14 | $ 65.041 Millions | $ 20.691 Millions | | Bridgewater Bancshares inc | 3.14 | $ 111.392 Millions | $ 35.464 Millions | | Prosper Marketplace Inc | 3.08 | $ 172.526 Millions | $ 55.952 Millions | | First Guaranty Bancshares Inc | 3.05 | $ 81.247 Millions | $ 26.615 Millions | | Marsh and Mclennan Companies Inc | 3.04 | $ 25,111.000 Millions | $ 8,264.750 Millions | | Lemonade Inc | 3.00 | $ 558.600 Millions | $ 186.400 Millions | | Customers Bancorp Inc | 2.88 | $ 591.500 Millions | $ 205.703 Millions | | Chubb Limited | 2.86 | $ 56,212.000 Millions | $ 19,688.250 Millions | | Bok Financial Corp | 2.84 | $ 2,087.418 Millions | $ 733.773 Millions | | If Bancorp Inc | 2.81 | $ 25.099 Millions | $ 8.944 Millions | | Aikido Pharma Inc | 2.80 | $ 24.891 Millions | $ 8.902 Millions | | P10 Inc | 2.79 | $ 290.727 Millions | $ 104.203 Millions | | Lcnb Corp | 2.77 | $ 82.862 Millions | $ 29.869 Millions | | Northrim Bancorp Inc | 2.76 | $ 164.695 Millions | $ 59.693 Millions |
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Date modified: 2025-05-02T13:31:02+00:00
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