Globavend Holdings Limited's ability to collect accounts receivable sequentially worsen to 10.98, indicating more challenging environment then in the third quarter 2024, but still, it is a far cry from any concerns. Globavend Holdings Limited's Accounts Receivable average collection period in the Sep 30 2024 quarter, has increased to 33 days, from 32 days, in the 0 quarter.

If we take a look into Transportation sector 6 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2024 from 0 to 181.

What is Receivable Turnover Ratio?
What is Globavend Holdings Limited Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

GVH Receivables Turnover Ratio	(Sep 30 2024) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Sep 30 2023) IV. Quarter
Y / Y Receivable Change	-17.48 %	58.93 %	17.87 %	4176.92 %	17.87 %
Y / Y Revenue Change	-8.3 %	-	-	-	-
Receivable Turnover Ratio (TTM)	10.98	11.41	12.26	12.82	18.38
GVH's Total Ranking	# 181	# 0	# 0	# 0	# 42
Accounts Receivable average collection period days	33	32	30	28	20
Seq. Receivable Change	17.71 %	-29.89 %	-2.49 %	2.55 %	126.7 %
Seq. Revenue Change	-	-	-	-	-

Receivable Turnover Company Ranking
Within:	No.
Marine Transportation Industry	# 4
Transportation Sector	# 7
Overall Market	# 181

Receivable Turnover Ratio Statistics
High	Average	Low
4	3.03	2.06
(Sep 30 2023)		(Sep 30 2024)

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

Financial Statements
Globavend Holdings Limited's Accounts Receivable	$ 1 Millions	Visit GVH's Balance sheet
Globavend Holdings Limited's Sales TTM	$ 16 Millions	Visit GVH's Income Statement
Sources of GVH's Revenues		Visit GVH's Sales by Geography

Other Accounts Receivable Turnover Ratios
Marine Transportation Industry Accounts Receivable Turnover Trends and Statistics
Transportation Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
GVH's Receivable Turnover Ratio versus Marine Transportation Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2024, within Transportation Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2024	Receivable at quarter ending Sep 30 2024
Saker Aviation Services Inc	30.60	$ 8.509 Millions	$ 0.278 Millions
Jetblue Airways Corp	28.35	$ 9,326.000 Millions	$ 329.000 Millions
Polaris Inc	27.33	$ 7,708.100 Millions	$ 282.050 Millions
American Airlines Group Inc	26.86	$ 53,613.000 Millions	$ 1,995.750 Millions
Sun Country Airlines Holdings Inc	26.84	$ 1,060.877 Millions	$ 39.533 Millions
United Airlines Holdings Inc	26.12	$ 55,994.000 Millions	$ 2,143.750 Millions
Hub Group Inc	25.62	$ 3,957.903 Millions	$ 154.487 Millions
Surf Air Mobility Inc	25.53	$ 118.212 Millions	$ 4.631 Millions
Spirit Aviation Holdings Inc	23.43	$ 5,065.290 Millions	$ 216.167 Millions
Freightcar America Inc	23.25	$ 548.333 Millions	$ 23.584 Millions
Alaska Air Group Inc	22.76	$ 10,754.000 Millions	$ 472.500 Millions
Southwest Airlines Co	21.77	$ 27,376.000 Millions	$ 1,257.750 Millions
Wheels Up Experience Inc	19.92	$ 833.669 Millions	$ 41.856 Millions
Genco Shipping and Trading Limited	19.57	$ 439.331 Millions	$ 22.452 Millions
Delta Air Lines Inc	16.94	$ 60,306.000 Millions	$ 3,560.000 Millions
J b Hunt Transport Services Inc	11.83	$ 12,244.558 Millions	$ 1,035.417 Millions
Pangaea Logistics Solutions Ltd	11.72	$ 513.749 Millions	$ 43.845 Millions
Union Pacific Corp	11.58	$ 24,288.000 Millions	$ 2,097.250 Millions
Globavend Holdings Limited	11.25	$ 16.419 Millions	$ 1.460 Millions
Air T Inc	10.90	$ 284.090 Millions	$ 26.066 Millions
Csx Corporation	10.42	$ 14,681.000 Millions	$ 1,409.000 Millions
Norfolk Southern Corp	10.07	$ 12,172.000 Millions	$ 1,209.000 Millions
Old Dominion Freight Line Inc	9.87	$ 5,924.531 Millions	$ 599.968 Millions
Heartland Express Inc	9.80	$ 1,080.282 Millions	$ 110.198 Millions
Air Transport Services Group Inc	9.50	$ 1,962.220 Millions	$ 206.630 Millions
Arcbest Corporation	9.46	$ 4,266.909 Millions	$ 451.204 Millions
Marten Transport Ltd	9.04	$ 1,001.498 Millions	$ 110.823 Millions
Saia Inc	8.92	$ 3,171.254 Millions	$ 355.578 Millions
Westinghouse Air Brake Technologies Corporation	8.87	$ 10,330.000 Millions	$ 1,164.250 Millions
Schneider National Inc	8.79	$ 5,323.100 Millions	$ 605.400 Millions

Date modified: 2026-09-02T16:53:39+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.