1 Cit Group Inc Receivables Turnover Ratio (CIT), from the third quarter 2021 to the third quarter 2020 current and historic results, rankings and more - CSIMarket
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• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Cit Group Inc   (NYSE: CIT)
    Sector • Financial    Industry • Commercial Banks
   Industry • Commercial Banks
   Sector • Financial
 

Cit Group Inc Accounts Receivables Turnover Ratio from the third quarter 2021 to the third quarter 2020

Quarterly Results, Trends, Rankings, Statistics


Accounts Receivable turnover ratio remained unchanged during the third quarter 2021, compared to the previous quarter at 0.08 pointing to a challenging and on top of that deteriorating business climate for the Commercial Banks industry. Average collection period, for Cit Group Inc 's accounts receivable remained unchanged at 4563 days, in the Sep 30 2021 quarter.

If we take a look into Financial sector 690 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2021 from 3613 to 3991.

What is Receivable Turnover Ratio?
What is Cit Group Inc Selling?


What is Receivable Turnover Ratio?




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CIT Receivables Turnover Ratio (Sep 30 2021)
III. Quarter		 (Jun 30 2021)
II. Quarter		 (Mar 31 2021)
I. Quarter		 (Dec 31 2020)
IV. Quarter		 (Sep 30 2020)
III. Quarter
Y / Y Receivable Change -9.53 % -9.51 % -9.1 % 11.79 % -
Y / Y Revenue Change 17.17 % 111.96 % 608.48 % 14.52 % -0.7 %
Receivable Turnover Ratio (TTM) 0.08 0.08 0.07 0.04 0.04
CIT's Total Ranking # 3991 # 3613 # 700 # 3687 # 3434
Accounts Receivable average collection period days 4437 4708 5584 8180 8390
Seq. Receivable Change -0.58 % -3.39 % -3.04 % -2.86 % -0.56 %
Seq. Revenue Change -7.65 % -15.19 % 27.38 % 17.44 % 67.07 %


Receivable Turnover Company Ranking
Within: No.
Commercial Banks Industry # 53
Financial Sector # 691
Overall Market # 3991

Receivable Turnover Ratio Statistics
High Average Low
22.85 2.8 0.06
(Mar 31 2018)   (Sep 30 2020)





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

Financial Statements
Cit Group Inc 's Accounts Receivable $ 32,671 Millions Visit CIT's Balance sheet
Cit Group Inc 's Sales TTM $ 2,769 Millions Visit CIT's Income Statement
Sources of CIT's Revenues Visit CIT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Commercial Banks Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CIT's Receivable Turnover Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
CIT's Growth Rates CIT's Roa CIT's Inventory Turnover Ratio CIT's Dividend Comparisons
CIT's Profitability Ratios CIT's Roi CIT's Asset Turnover Ratio CIT's Dividend Growth
CIT's Valuation Ratios CIT's Roe CIT's Financial Strength Ratios CIT's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2021, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2021 Receivable at quarter ending Sep 30 2021
Terra Property Trust Inc   0.23 $ 47.308  Millions$ 207.087  Millions
Dynex Capital Inc   0.20 $ 7.810  Millions$ 39.341  Millions
American Express Credit Corporation  0.14 $ 906.000  Millions$ 6,348.750  Millions
Lightstone Value Plus Reit I Inc   0.12 $ 10.082  Millions$ 85.401  Millions
Catalyst Bancorp Inc   0.11 $ 3.689  Millions$ 33.868  Millions
First Busey Corporation  0.08 $ 540.693  Millions$ 6,886.640  Millions
Ishares S and p Gsci Commodity indexed Trust  0.06 $ 0.453  Millions$ 8.048  Millions
Hmg Courtland Properties Inc  0.05 $ 0.083  Millions$ 1.512  Millions

Date modified: 2026-09-18T14:07:35+00:00



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