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Farmers and Merchants Bancshares Inc   (FMFG)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Farmers And Merchants Bancshares Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Farmers And Merchants Bancshares Inc 's ability to collect accounts receivable sequentially worsen to 0.04, pointing to a challenging and on top of that deteriorating business climate for the Regional Banks industry. Farmers And Merchants Bancshares Inc 's Average receivable collection period in the Dec 31 2023 quarter, has increased to 9125 days, from 6083 days, in the Sep 30 2023 quarter.

If we take a look into Financial sector 367 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2081, from overall ranking in the third quarter 2023 at 3700.

What is Receivable Turnover Ratio?
What is Farmers And Merchants Bancshares Inc Selling?


What is Receivable Turnover Ratio?




FMFG Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change 28719.95 % 32775.47 % 33351.5 % 33247.69 % 12.85 %
Y / Y Revenue Change -17.46 % -10.88 % -5.07 % -2.33 % 8.43 %
Receivable Turnover Ratio (TTM) 0.04 0.06 0.1 0.2 15.81
FMFG's Total Ranking # 2081 # 3700 # 3778 # 3600 # 1127
Average receivable collection period 8133 5816 3780 1861 23
Seq. Receivable Change -0.54 % -0.92 % 1.94 % 28587.09 % 13.46 %
Seq. Revenue Change 1.39 % -4.3 % -6.5 % -9.01 % 9.48 %


Receivable Turnover Company Ranking
Within: No.
Regional Banks Industry # 68
Financial Sector # 368
Overall Market # 2081

Receivable Turnover Ratio Statistics
High Average Low
0.04 0.04 0.03
  (Dec 31 2023)






Financial Statements
Farmers And Merchants Bancshares Inc 's Accounts Receivable $ 523 Millions Visit FMFG's Balance sheet
Farmers And Merchants Bancshares Inc 's Sales TTM $ 24 Millions Visit FMFG's Income Statement
Where are FMFG's Sales coming from? Visit FMFG's Sales by Geography

Other Accounts Receivable Turnover Ratios
Regional Banks Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
FMFG's Receivable Turnover Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for FMFG's Competitors
Receivables Turnover Ratio for FMFG's Suppliers
Accounts Receivables Turnover Ratio for FMFG's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Hilltop Holdings Inc   0.12 $ 1,177.428  Millions$ 9,617.644  Millions
Timberland Bancorp Inc   0.12 $ 75.910  Millions$ 623.546  Millions
Bcb Bancorp Inc   0.12 $ 102.046  Millions$ 860.268  Millions
Hannon Armstrong Sustainableinfrastructure Capital  0.12 $ 319.871  Millions$ 2,718.265  Millions
Starwood Property Trust Inc   0.12 $ 2,049.908  Millions$ 17,743.506  Millions
City Holding Company  0.10 $ 286.627  Millions$ 2,943.999  Millions
Us Bancorp De  0.09 $ 25,738.000  Millions$ 285,632.000  Millions
Capital one financial corp  0.09 $ 26,361.000  Millions$ 299,049.000  Millions
Discover Financial Services  0.09 $ 9,842.000  Millions$ 111,990.500  Millions
Park National Corporation  0.09 $ 462.843  Millions$ 5,358.298  Millions
Plumas Bancorp  0.08 $ 77.741  Millions$ 932.003  Millions
Macatawa Bank Corp  0.08 $ 105.338  Millions$ 1,273.672  Millions
Security Federal Corp  0.08 $ 48.392  Millions$ 596.143  Millions
Waterstone Financial Inc   0.08 $ 130.744  Millions$ 1,625.489  Millions
First Northern Community Bancorp  0.07 $ 74.591  Millions$ 1,003.635  Millions
South Plains Financial Inc   0.07 $ 214.363  Millions$ 2,902.073  Millions
Acnb Corporation  0.07 $ 105.921  Millions$ 1,567.883  Millions
Keycorp  0.07 $ 5,894.000  Millions$ 87,544.500  Millions
Great Southern Bancorp inc   0.07 $ 226.367  Millions$ 3,452.763  Millions
Farmers and Merchants Bancorp  0.06 $ 220.892  Millions$ 3,460.485  Millions
Ohio Valley Banc Corp  0.06 $ 56.566  Millions$ 939.317  Millions
Stock Yards Bancorp Inc   0.06 $ 325.756  Millions$ 5,458.018  Millions
Eagle Bancorp Montana Inc   0.06 $ 83.743  Millions$ 1,433.257  Millions
Community Trust Bancorp Inc  0.06 $ 223.958  Millions$ 3,893.442  Millions
Horizon Bancorp Inc   0.06 $ 185.283  Millions$ 3,223.740  Millions
Codorus Valley Bancorp Inc   0.06 $ 95.311  Millions$ 1,663.844  Millions
National Bankshares Inc  0.06 $ 47.903  Millions$ 842.144  Millions
Independent Bank Corporation  0.06 $ 200.795  Millions$ 3,632.017  Millions
Skyline Bankshares Inc   0.05 $ 42.618  Millions$ 783.085  Millions
Bank7 Corp   0.05 $ 70.643  Millions$ 1,309.273  Millions

Date modified: 2024-03-11T21:04:33+00:00



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