Highway Holdings Limited's ability to collect accounts receivable sequentially worsen to 4.32, pointing to a challenging and on top of that deteriorating business climate for the Miscellaneous Fabricated Products industry. Highway Holdings Limited's Accounts Receivable average collection period in the Mar 31 2024 quarter, has increased to 84 days, from 54 days, in the 0 quarter.

If we take a look into Basic Materials sector 211 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 1528 to 2897.

What is Receivable Turnover Ratio?
What is Highway 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.

HIHO Receivables Turnover Ratio	(Mar 31 2024) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Mar 31 2023) IV. Quarter
Y / Y Receivable Change	-18.36 %	-12.73 %	-33.56 %	4596.15 %	-33.56 %
Y / Y Revenue Change	-38.28 %	-	-	-	-17.17 %
Receivable Turnover Ratio (TTM)	4.32	6.74	6.56	5.96	9.13
HIHO's Total Ranking	# 2897	# 1528	# 2603	# 0	# 1547
Accounts Receivable average collection period days	84	54	56	61	40
Seq. Receivable Change	-9.55 %	-9.74 %	-48.69 %	94.89 %	-3.32 %
Seq. Revenue Change	-	-	-	-	-

Receivable Turnover Company Ranking
Within:	No.
Miscellaneous Fabricated Products Industry	# 41
Basic Materials Sector	# 212
Overall Market	# 2897

Receivable Turnover Ratio Statistics
High	Average	Low
3822.67	920.34	4.2
(Mar 31 2014)		(Mar 31 2023)

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

Financial Statements
Highway Holdings Limited's Accounts Receivable	$ 1 Millions	Visit HIHO's Balance sheet
Highway Holdings Limited's Sales TTM	$ 6 Millions	Visit HIHO's Income Statement
Sources of HIHO's Revenues		Visit HIHO's Sales by Geography

Other Accounts Receivable Turnover Ratios
Miscellaneous Fabricated Products Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
HIHO's Receivable Turnover Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Basic Materials Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2024	Receivable at quarter ending Mar 31 2024
Xpel Inc	15.85	$ 399.448 Millions	$ 25.195 Millions
Louisiana pacific Corporation	15.82	$ 2,721.000 Millions	$ 172.000 Millions
American Woodmark Corp	15.74	$ 1,846.148 Millions	$ 117.284 Millions
Mp Materials Corp	14.77	$ 206.429 Millions	$ 13.979 Millions
Mesabi Trust	14.57	$ 27.264 Millions	$ 1.872 Millions
Alcoa Corp	14.37	$ 10,480.000 Millions	$ 729.500 Millions
Lyondellbasell Industries N v	14.24	$ 39,164.000 Millions	$ 2,750.250 Millions
Futurefuel Corp	14.21	$ 349.294 Millions	$ 24.579 Millions
Centrus Energy Corp	13.52	$ 296.500 Millions	$ 21.925 Millions
Karat Packaging Inc	12.99	$ 404.844 Millions	$ 31.169 Millions
Flotek Industries Inc	12.65	$ 179.651 Millions	$ 14.207 Millions
Myers Industries Inc	12.46	$ 802.616 Millions	$ 64.419 Millions
Mativ Holdings Inc	12.35	$ 2,117.500 Millions	$ 171.450 Millions
Energy Fuels Inc	12.30	$ 43.741 Millions	$ 3.557 Millions
Novelis Inc	11.84	$ 16,210.000 Millions	$ 1,369.500 Millions
Techprecision Corp	11.82	$ 31.591 Millions	$ 2.674 Millions
Sealed Air Corp	11.81	$ 5,469.700 Millions	$ 463.025 Millions
United States Steel Corp	11.79	$ 17,743.000 Millions	$ 1,505.500 Millions
Quanex Building Products Corporation	11.65	$ 1,100.488 Millions	$ 94.476 Millions
Pactiv Evergreen Inc	11.60	$ 5,331.000 Millions	$ 459.750 Millions
Rpm International Inc	11.34	$ 7,343.037 Millions	$ 647.470 Millions
Armstrong World Industries Inc	11.16	$ 1,311.100 Millions	$ 117.525 Millions
Arcadium Lithium Plc	11.14	$ 260.400 Millions	$ 23.375 Millions
Bluelinx Holdings Inc	11.06	$ 3,064.159 Millions	$ 277.141 Millions
Lsb Industries Inc	10.85	$ 550.500 Millions	$ 50.722 Millions
Metallus Inc	10.83	$ 1,359.400 Millions	$ 125.575 Millions
Cleveland cliffs Inc	10.79	$ 21,900.000 Millions	$ 2,030.000 Millions
Friedman Industries Inc	10.55	$ 516.251 Millions	$ 48.949 Millions
Steel Dynamics Inc	10.49	$ 18,595.475 Millions	$ 1,771.937 Millions
Graphic Packaging Holding Co	10.49	$ 9,249.000 Millions	$ 881.750 Millions

Date modified: 2026-07-16T06:28:38+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.