Bantec Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2024 to a ratio of 15.26, above the company average. This is a clear sign of healthy business climate in the Aerospace & Defense industry and improving liquidity at their respective customers, during the third quarter 2024. Average receivable collection period, for the Bantec Inc in Jun 30 2024 quarter, has decreased to 24 days, compared to 29 days, in the Mar 31 2024 quarter.

If we take a look into Capital Goods sector 41 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 857, from overall ranking in the second quarter 2024 at 1035.

What is Receivable Turnover Ratio?
What is Bantec Inc Selling?

What is Receivable Turnover Ratio?

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BANT Receivables Turnover Ratio	(Jun 30 2024) III. Quarter	(Mar 31 2024) II. Quarter	(Dec 31 2023) I. Quarter	(Sep 30 2023) IV. Quarter	(Jun 30 2023) III. Quarter
Y / Y Receivable Change	-41.97 %	-34.44 %	150.04 %	-66.99 %	-4.82 %
Y / Y Revenue Change	27.22 %	23.84 %	57.66 %	-46.5 %	-21.37 %
Receivable Turnover Ratio (TTM)	15.26	12.62	10.72	11.3	10.01
BANT's Total Ranking	# 857	# 1035	# 1442	# 1198	# 1397
Accounts Receivable average collection period days	24	29	34	32	36
Seq. Receivable Change	-20.7 %	-32.65 %	110.23 %	-48.31 %	-10.41 %
Seq. Revenue Change	-2.67 %	-19.26 %	89.37 %	-14.51 %	-5.26 %

Receivable Turnover Company Ranking
Within:	No.
Aerospace & Defense Industry	# 3
Capital Goods Sector	# 42
Overall Market	# 857

Receivable Turnover Ratio Statistics
High	Average	Low
15.62	11.75	7.76
(Jun 30 2018)		(Mar 31 2018)

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

Financial Statements
Bantec Inc 's Accounts Receivable	$ 0 Millions	Visit BANT's Balance sheet
Bantec Inc 's Sales TTM	$ 3 Millions	Visit BANT's Income Statement
Sources of BANT's Revenues		Visit BANT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Aerospace & Defense Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
BANT's Receivable Turnover Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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BANT's Profitability Ratios	BANT's Roi	BANT's Asset Turnover Ratio	BANT's Dividend Growth
BANT's Valuation Ratios	BANT's Roe	BANT's Financial Strength Ratios	BANT's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Capital Goods Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Orion Group Holdings Inc	47.97	$ 721.483 Millions	$ 15.039 Millions
Marine Products Corporation	41.68	$ 286.465 Millions	$ 6.873 Millions
Beazer Homes Usa Inc	41.29	$ 2,167.818 Millions	$ 52.497 Millions
Taylor Morrison Home Corp	37.98	$ 7,386.825 Millions	$ 194.483 Millions
Champion Homes Inc	36.27	$ 2,186.339 Millions	$ 60.274 Millions
Lennar Corp	35.74	$ 35,776.308 Millions	$ 1,001.073 Millions
Gencor Industries Inc	32.95	$ 112.162 Millions	$ 3.404 Millions
Rhino Bitcoin Inc	32.90	$ 1.088 Millions	$ 0.033 Millions
Tri Pointe Homes Inc	32.67	$ 4,743.838 Millions	$ 145.203 Millions
Dream Homes and Development Corporation	32.40	$ 5.597 Millions	$ 0.173 Millions
Shyft Group Inc	31.01	$ 792.467 Millions	$ 25.557 Millions
Lockheed Martin Corporation	29.23	$ 71,069.000 Millions	$ 2,431.000 Millions
Gaucho Group Holdings Inc	28.85	$ 2.007 Millions	$ 0.070 Millions
Mastercraft Boat Holdings Inc	26.90	$ 366.097 Millions	$ 13.611 Millions
Comfort Systems Usa inc	24.84	$ 6,082.996 Millions	$ 244.907 Millions
Byrna Technologies Inc	23.77	$ 57.997 Millions	$ 2.440 Millions
Energy Vault Holdings Inc	20.51	$ 301.279 Millions	$ 14.687 Millions
Cavco Industries Inc	20.49	$ 1,795.429 Millions	$ 87.646 Millions
Dragonfly Energy Holdings Corp	18.33	$ 50.823 Millions	$ 2.772 Millions
Kb Home	18.16	$ 6,438.578 Millions	$ 354.554 Millions
Leonardo Drs Inc	16.75	$ 3,070.000 Millions	$ 183.250 Millions
Winnebago Industries Inc	16.71	$ 3,219.200 Millions	$ 192.675 Millions
Malibu Boats Inc	16.41	$ 828.095 Millions	$ 50.461 Millions
L3harris Technologies Inc	16.31	$ 20,765.000 Millions	$ 1,273.250 Millions
Acorn Energy Inc	16.19	$ 8.744 Millions	$ 0.540 Millions
Bantec Inc	15.26	$ 2.983 Millions	$ 0.195 Millions
Shimmick Corporation	15.24	$ 841.379 Millions	$ 55.210 Millions
Expion360 Inc	14.87	$ 5.482 Millions	$ 0.369 Millions
Terran Orbital Corporation	14.71	$ 131.957 Millions	$ 8.973 Millions
Huntington Ingalls Industries Inc	14.35	$ 11,775.000 Millions	$ 820.750 Millions

Date modified: 2026-08-30T00:01:36+00:00

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