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General Motors Company  (GM)
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General Motors Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


General Motors Company's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 3.27, this is below the company average, and notable indication of worsening business environment. Average collection period, for General Motors's accounts receivable remained unchanged at 112 days, in the Dec 31 2023 quarter.

If we take a look into Consumer Discretionary sector 130 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from 1311 to 2718.

What is Receivable Turnover Ratio?
What is General Motors Company Selling?


What is Receivable Turnover Ratio?




GM 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 -7.16 % -0.7 % 649.56 % 657.73 % 73.27 %
Y / Y Revenue Change -0.3 % 5.35 % 25.13 % 11.13 % 28.36 %
Receivable Turnover Ratio (TTM) 3.27 3.26 3.22 4.93 12.12
GM's Total Ranking # 2718 # 1311 # 218 # 3361 # 3355
Average receivable collection period 111 112 113 74 30
Seq. Receivable Change -11.1 % -85.04 % 2.82 % 578.91 % -4.91 %
Seq. Revenue Change -2.61 % -1.37 % 11.91 % -7.24 % 2.91 %


Receivable Turnover Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 16
Consumer Discretionary Sector # 131
Overall Market # 2718

Receivable Turnover Ratio Statistics
High Average Low
22.64 9.04 1.62
(Sep. 30, 2015)   (Dec 31 2021)






Financial Statements
General Motors's Accounts Receivable $ 12,378 Millions Visit GM's Balance sheet
General Motors's Sales TTM $ 171,842 Millions Visit GM's Income Statement
Where are GM's Sales coming from? Visit GM's Sales by Geography

Other Accounts Receivable Turnover Ratios
EV, Auto & Truck Manufacturers Industry Accounts Receivable Turnover Trends and Statistics
Consumer Discretionary Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
GM's Receivable Turnover Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for GM's Competitors
Receivables Turnover Ratio for GM's Suppliers
Accounts Receivables Turnover Ratio for GM's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Consumer Discretionary Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Container Store Group Inc   34.74 $ 905.222  Millions$ 26.059  Millions
Tesla Inc   31.05 $ 96,773.000  Millions$ 3,117.000  Millions
Tapestry Inc   27.95 $ 6,726.900  Millions$ 240.675  Millions
Icahn Enterprises l p   25.52 $ 15,395.000  Millions$ 603.250  Millions
Bwx Technologies Inc   25.42 $ 2,496.309  Millions$ 98.204  Millions
Crown Crafts Inc  24.68 $ 86.495  Millions$ 3.504  Millions
Peloton Interactive Inc   24.46 $ 2,729.200  Millions$ 111.575  Millions
Lucid Group Inc   24.21 $ 595.271  Millions$ 24.586  Millions
Carter s Inc  23.03 $ 4,495.253  Millions$ 195.225  Millions
Luvu Brands Inc   22.40 $ 27.243  Millions$ 1.216  Millions
Bassett Furniture Industries Incorporated  21.24 $ 389.488  Millions$ 18.341  Millions
Vera Bradley Inc   21.03 $ 499.961  Millions$ 23.770  Millions
Universal Security Instruments Inc  20.93 $ 20.999  Millions$ 1.004  Millions
Rivian Automotive Inc   19.77 $ 4,434.000  Millions$ 224.250  Millions
Oxford Industries inc   18.57 $ 1,570.585  Millions$ 84.594  Millions
Caleres Inc  18.05 $ 2,816.957  Millions$ 156.046  Millions
Solo Brands Inc   17.23 $ 494.152  Millions$ 28.685  Millions
Wesco International Inc   17.20 $ 22,385.200  Millions$ 1,301.575  Millions
La z boy Incorporated  16.75 $ 2,052.874  Millions$ 122.543  Millions
Patrick Industries Inc   15.98 $ 3,467.233  Millions$ 216.976  Millions
Capri Holdings Ltd  15.19 $ 5,282.000  Millions$ 347.750  Millions
Volcon Inc   15.14 $ 5.124  Millions$ 0.338  Millions
Yeti Holdings inc   14.71 $ 1,658.186  Millions$ 112.713  Millions
Ralph Lauren Corporation  14.25 $ 6,604.300  Millions$ 463.550  Millions
Irobot Corporation  13.98 $ 890.580  Millions$ 63.699  Millions
Perfect Moment Ltd   13.61 $ 11.866  Millions$ 0.872  Millions
Lci Industries  12.69 $ 3,784.808  Millions$ 298.332  Millions
Topgolf Callaway Brands Corp   12.63 $ 4,284.800  Millions$ 339.275  Millions
Holley Inc   12.61 $ 659.089  Millions$ 52.277  Millions
Kontoor Brands Inc   12.06 $ 2,607.472  Millions$ 216.134  Millions

Date modified: 2024-01-31T09:38:41+00:00



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