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Loews Corp  (L)
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Loews Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Loews Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 1.65, above the company average. This is a clear sign of healthy business climate in the Property & Casualty Insurance industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Loews in Dec 31 2023 quarter, has decreased to 221 days, compared to 225 days, in the Sep 30 2023 quarter.

If we take a look into Financial sector 9 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 256, from overall ranking in the third quarter 2023 at 3288.

What is Receivable Turnover Ratio?
What is Loews Corp Selling?


What is Receivable Turnover Ratio?




L 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 2.73 % -0.22 % 2.32 % 1.7 % 1.4 %
Y / Y Revenue Change 12.26 % 13.44 % 16.12 % 11.2 % 6.34 %
Receivable Turnover Ratio (TTM) 1.65 1.62 1.57 1.52 1.49
L's Total Ranking # 256 # 3288 # 2945 # 435 # 798
Average receivable collection period 221 226 233 240 246
Seq. Receivable Change 2.36 % -4.93 % 5.42 % 0.14 % -0.58 %
Seq. Revenue Change 8.46 % -0.2 % 3.99 % -0.26 % 9.59 %


Receivable Turnover Company Ranking
Within: No.
Property & Casualty Insurance Industry # 2
Financial Sector # 10
Overall Market # 256

Receivable Turnover Ratio Statistics
High Average Low
1.9 1.53 1.05
(Dec 31 2019)   (June 30. 2009)






Financial Statements
Loews's Accounts Receivable $ 9,660 Millions Visit L's Balance sheet
Loews's Sales TTM $ 15,901 Millions Visit L's Income Statement
Where are L's Sales coming from? Visit L's Sales by Geography

Other Accounts Receivable Turnover Ratios
Property & Casualty Insurance Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
L's Receivable Turnover Ratio versus Property & Casualty Insurance Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for L's Competitors
Receivables Turnover Ratio for L's Suppliers
Accounts Receivables Turnover Ratio for L's Customers

You may also want to know
L's Growth Rates L's Roa L's Inventory Turnover Ratio L's Dividend Comparisons
L's Profitability Ratios L's Roi L's Asset Turnover Ratio L's Dividend Growth
L's Valuation Ratios L's Roe L's Financial Strength Ratios L'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
Modiv Industrial Inc   4.46 $ 46.937  Millions$ 10.532  Millions
Lpl Financial Holdings Inc   4.40 $ 10,052.848  Millions$ 2,286.724  Millions
Walker and Dunlop Inc   4.37 $ 1,054.440  Millions$ 241.493  Millions
Merchants Bancorp  4.36 $ 522.508  Millions$ 119.899  Millions
First Foundation inc   4.33 $ 252.138  Millions$ 58.223  Millions
Riverview Bancorp Inc   4.30 $ 53.317  Millions$ 12.395  Millions
Southside Bancshares Inc   4.29 $ 241.707  Millions$ 56.375  Millions
Trupanion Inc   4.18 $ 1,108.605  Millions$ 264.926  Millions
The Hartford Financial Services Group Inc   4.12 $ 24,527.000  Millions$ 5,955.500  Millions
Lcnb Corp   4.07 $ 69.683  Millions$ 17.124  Millions
Ameriserv Financial Inc  4.03 $ 47.338  Millions$ 11.732  Millions
New York Community Bancorp Inc   3.95 $ 4,931.000  Millions$ 1,248.500  Millions
Washington Trust Bancorp Inc  3.94 $ 190.038  Millions$ 48.233  Millions
United Bancorp Inc  3.94 $ 30.278  Millions$ 7.690  Millions
Jefferies Financial Group Inc   3.88 $ 7,441.399  Millions$ 1,919.955  Millions
Equity Commonwealth  3.86 $ 60.524  Millions$ 15.667  Millions
Industrial Logistics Properties Trust  3.85 $ 437.338  Millions$ 113.622  Millions
Harborone Bancorp Inc   3.84 $ 163.445  Millions$ 42.595  Millions
Aon Plc  3.82 $ 13,407.000  Millions$ 3,507.750  Millions
Northrim Bancorp Inc   3.77 $ 125.789  Millions$ 33.350  Millions
Hagerty Inc   3.75 $ 1,000.213  Millions$ 266.386  Millions
American International Group Inc   3.75 $ 46,802.000  Millions$ 12,475.000  Millions
Bridge Investment Group Holdings Inc   3.75 $ 390.648  Millions$ 104.180  Millions
Lazard Inc   3.75 $ 2,593.162  Millions$ 691.784  Millions
Moody s Corporation  3.68 $ 5,916.000  Millions$ 1,606.500  Millions
Ltc Properties Inc   3.65 $ 197.244  Millions$ 53.991  Millions
Popular Inc   3.64 $ 2,573.639  Millions$ 707.432  Millions
First Guaranty Bancshares Inc   3.59 $ 91.568  Millions$ 25.482  Millions
City Office Reit Inc   3.58 $ 179.096  Millions$ 50.049  Millions
Cna Financial Corporation  3.54 $ 13,299.000  Millions$ 3,756.000  Millions

Date modified: 2024-02-06T17:24:31+00:00



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