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 219 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 1528 to 3268.

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

What is Receivable Turnover Ratio?

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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	# 3268	# 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	# 40
Basic Materials Sector	# 220
Overall Market	# 3268

Receivable Turnover Ratio Statistics
High	Average	Low
12.32	8.61	4.05
(Mar 31 2022)		(Mar 31 2024)

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

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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
Ssr Mining Inc	15.90	$ 1,342.547 Millions	$ 84.425 Millions
Louisiana pacific Corporation	15.82	$ 2,721.000 Millions	$ 172.000 Millions
Xpel Inc	15.75	$ 399.448 Millions	$ 25.369 Millions
American Woodmark Corp	15.74	$ 1,846.148 Millions	$ 117.284 Millions
Idaho Strategic Resources Inc	15.25	$ 16.214 Millions	$ 1.063 Millions
Freeport mcmoran Inc	15.17	$ 23,787.000 Millions	$ 1,568.500 Millions
Lyondellbasell Industries N v	14.60	$ 40,785.000 Millions	$ 2,793.500 Millions
Mesabi Trust	14.57	$ 27.264 Millions	$ 1.872 Millions
Centrus Energy Corp	13.52	$ 296.500 Millions	$ 21.925 Millions
Alto Ingredients Inc	13.23	$ 1,149.678 Millions	$ 86.891 Millions
Realloys Inc	13.14	$ 2.896 Millions	$ 0.220 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
Aemetis Inc	12.31	$ 256.756 Millions	$ 20.850 Millions
Alcoa Corp	12.29	$ 10,480.000 Millions	$ 852.750 Millions
Energy Fuels Inc	11.99	$ 43.741 Millions	$ 3.648 Millions
Techprecision Corp	11.82	$ 31.591 Millions	$ 2.674 Millions
United States Steel Corp	11.79	$ 17,743.000 Millions	$ 1,505.500 Millions
Futurefuel Corp	11.78	$ 349.294 Millions	$ 29.642 Millions
Quanex Building Products Corporation	11.65	$ 1,100.488 Millions	$ 94.476 Millions
Novelis Inc	11.51	$ 16,210.000 Millions	$ 1,408.500 Millions
Mag Mile Capital Inc	11.36	$ 3.441 Millions	$ 0.303 Millions
Clearwater Paper Corporation	11.30	$ 2,053.600 Millions	$ 181.800 Millions
Arcadium Lithium Plc	11.14	$ 260.400 Millions	$ 23.375 Millions
It Tech Packaging Inc	11.09	$ 72.446 Millions	$ 6.531 Millions
Bluelinx Holdings Inc	11.06	$ 3,064.159 Millions	$ 277.141 Millions
Armstrong World Industries Inc	11.00	$ 1,311.100 Millions	$ 119.225 Millions
Lsb Industries Inc	10.85	$ 550.500 Millions	$ 50.722 Millions
Metallus Inc	10.83	$ 1,359.400 Millions	$ 125.575 Millions

Date modified: 2026-07-16T06:28:38+00:00

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