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 40 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2024 from 620 to 852.

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	# 852	# 620	# 1079	# 22	#
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	# 41
Overall Market	# 852

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 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
Marine Products Corporation	42.93	$ 286.465 Millions	$ 6.673 Millions
Beazer Homes Usa Inc	41.29	$ 2,167.818 Millions	$ 52.497 Millions
Legacy Housing Corporation	39.24	$ 169.389 Millions	$ 4.317 Millions
Rhino Bitcoin Inc	37.26	$ 1.232 Millions	$ 0.033 Millions
Lennar Corp	35.74	$ 35,776.308 Millions	$ 1,001.073 Millions
Champion Homes Inc	33.67	$ 2,186.339 Millions	$ 64.933 Millions
Gencor Industries Inc	32.95	$ 112.162 Millions	$ 3.404 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	25.70	$ 366.097 Millions	$ 14.243 Millions
The Boeing Company	24.95	$ 73,557.000 Millions	$ 2,948.750 Millions
Northrop Grumman Corp	24.18	$ 40,764.000 Millions	$ 1,686.000 Millions
Byrna Technologies Inc	23.77	$ 57.997 Millions	$ 2.440 Millions
Nobility Homes Inc	22.23	$ 54.819 Millions	$ 2.466 Millions
Fluence Energy Inc	22.14	$ 2,142.100 Millions	$ 96.772 Millions
Cavco Industries Inc	21.12	$ 1,795.429 Millions	$ 85.020 Millions
Esgen Acquisition Corp	21.08	$ 95.819 Millions	$ 4.545 Millions
Energy Vault Holdings Inc	20.51	$ 301.279 Millions	$ 14.687 Millions
Ampco pittsburgh Corp	19.15	$ 431.529 Millions	$ 22.530 Millions
Dragonfly Energy Holdings Corp	18.33	$ 50.823 Millions	$ 2.772 Millions
Huntington Ingalls Industries Inc	18.23	$ 11,775.000 Millions	$ 645.750 Millions
Kb Home	18.16	$ 6,438.578 Millions	$ 354.554 Millions
Symbotic Inc	17.61	$ 1,614.138 Millions	$ 91.647 Millions
Greystone Logistics Inc	17.31	$ 61.716 Millions	$ 3.564 Millions
Leonardo Drs Inc	16.75	$ 3,070.000 Millions	$ 183.250 Millions
L3harris Technologies Inc	16.45	$ 20,765.000 Millions	$ 1,262.500 Millions
Malibu Boats Inc	16.41	$ 828.095 Millions	$ 50.461 Millions

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

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