1 Lakeland Bancorp Inc Receivables Turnover Ratio (LBAI), from the first quarter 2024 to the first quarter 2023 current and historic results, rankings and more - CSIMarket
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Lakeland Bancorp Inc  (NASDAQ: LBAI)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Lakeland Bancorp Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Lakeland Bancorp Inc's ability to collect accounts receivable sequentially worsen to 7.92, indicating more challenging environment then in the fourth quarter 2023, but still, it is a far cry from any concerns. Lakeland Bancorp Inc's Accounts Receivable average collection period in the Mar 31 2024 quarter, has increased to 46 days, from 44 days, in the Dec 31 2023 quarter.

If we take a look into Financial sector 737 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 3223 to 3788.

What is Receivable Turnover Ratio?
What is Lakeland Bancorp Inc Selling?


What is Receivable Turnover Ratio?





LBAI Receivables Turnover Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Receivable Change 10.95 % -99.52 % 23.93 % 29.97 % 36.89 %
Y / Y Revenue Change -5.32 % -23.28 % -15.2 % -8.91 % 4.8 %
Receivable Turnover Ratio (TTM) 7.92 8.24 0.16 0.17 0.17
LBAI's Total Ranking # 3788 # 3223 # 2079 # 3704 # 3127
Accounts Receivable average collection period days 46 44 2288 2195 2144
Seq. Receivable Change 1.23 % 2.45 % 6.95 % 0.04 % -99.56 %
Seq. Revenue Change 0.29 % -3.99 % -4.2 % 2.65 % -18.73 %


Receivable Turnover Company Ranking
Within: No.
Regional Banks Industry # 174
Financial Sector # 738
Overall Market # 3788

Receivable Turnover Ratio Statistics
High Average Low
0.04 0.03 0.03
(June 30. 2014)   (Mar 31 2024)






Financial Statements
Lakeland Bancorp Inc's Accounts Receivable $ 38 Millions Visit LBAI's Balance sheet
Lakeland Bancorp Inc's Sales TTM $ 290 Millions Visit LBAI's Income Statement
Sources of LBAI's Revenues Visit LBAI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Regional Banks Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
LBAI's Receivable Turnover Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Receivable at quarter ending Mar 31 2024
Hci Group Inc   20.90 $ 628.255  Millions$ 30.060  Millions
Empire State Realty Op L p   20.09 $ 756.129  Millions$ 37.631  Millions
Empire State Realty Trust Inc   20.09 $ 756.129  Millions$ 37.631  Millions
Nexpoint Residential Trust Inc   19.05 $ 275.876  Millions$ 14.481  Millions
The Marygold Companies Inc   18.36 $ 33.455  Millions$ 1.822  Millions
Chiron Real Estate Inc   18.26 $ 139.937  Millions$ 7.662  Millions
Weyerhaeuser Company  18.24 $ 7,589.000  Millions$ 416.000  Millions
Kkr and co inc   18.23 $ 21,028.568  Millions$ 1,153.310  Millions
Extra Space Storage Inc   18.17 $ 2,856.733  Millions$ 157.207  Millions
Defi Development Corp   17.95 $ 1.947  Millions$ 0.108  Millions
Riot Platforms Inc   17.71 $ 286.738  Millions$ 16.189  Millions
Essent Group Ltd   17.50 $ 1,151.870  Millions$ 65.806  Millions
Unitedhealth Group Incorporated  17.43 $ 379,487.000  Millions$ 21,774.500  Millions
Franklin Financial Services Corporation  17.25 $ 67.520  Millions$ 3.915  Millions
Selectis Health Inc   17.21 $ 36.670  Millions$ 2.130  Millions
Sba Communications Corporation  17.16 $ 2,693.930  Millions$ 156.979  Millions
Robinhood Markets Inc   17.16 $ 2,042.000  Millions$ 119.000  Millions
Braemar Hotels and Resorts Inc   17.03 $ 743.455  Millions$ 43.663  Millions
Community Financial System Inc   16.89 $ 691.018  Millions$ 40.925  Millions
Digitalbridge Group Inc   16.88 $ 1,326.716  Millions$ 78.581  Millions
Crisp Momentum Inc.  16.83 $ 0.055  Millions$ 0.003  Millions
Bxp Inc   16.83 $ 3,309.808  Millions$ 196.709  Millions
Alignment Healthcare Inc   16.80 $ 2,013.076  Millions$ 119.817  Millions
Green Dot Corp  16.68 $ 1,536.936  Millions$ 92.123  Millions
Terra Property Trust Inc   16.66 $ 65.921  Millions$ 3.956  Millions
German American Bancorp Inc   16.64 $ 245.184  Millions$ 14.734  Millions
Binah Capital Group inc   16.44 $ 41.449  Millions$ 2.522  Millions
Paccar Inc  16.23 $ 26,515.400  Millions$ 1,633.250  Millions
Forge Global Holdings Inc   16.19 $ 73.584  Millions$ 4.544  Millions
Usio Inc   16.10 $ 83.926  Millions$ 5.213  Millions

Date modified: 2026-09-08T15:11:14+00:00



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