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Lemonade inc   (LMND)
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Lemonade Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Lemonade Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 2.86, 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 Lemonade Inc in Dec 31 2023 quarter, has decreased to 128 days, compared to 140 days, in the Sep 30 2023 quarter.

If we take a look into Financial sector 72 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1420, from overall ranking in the third quarter 2023 at 2812.

What is Receivable Turnover Ratio?
What is Lemonade Inc Selling?


What is Receivable Turnover Ratio?




LMND 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 -11.73 % 6.09 % 49.05 % 36.62 % 74.61 %
Y / Y Revenue Change 30.66 % 54.73 % 109.2 % 114.9 % 115.61 %
Receivable Turnover Ratio (TTM) 2.86 2.6 2.37 2.21 1.99
LMND's Total Ranking # 1420 # 2812 # 2862 # 2833 # 2454
Average receivable collection period 128 140 154 165 183
Seq. Receivable Change -4.29 % -12.04 % 6.96 % -1.98 % 15.04 %
Seq. Revenue Change 0.87 % 9.46 % 9.87 % 7.69 % 19.46 %


Receivable Turnover Company Ranking
Within: No.
Property & Casualty Insurance Industry # 20
Financial Sector # 73
Overall Market # 1420

Receivable Turnover Ratio Statistics
High Average Low
0.26 0.13 0.02
(Dec 31 2023)   (Jun 30 2021)






Financial Statements
Lemonade Inc 's Accounts Receivable $ 138 Millions Visit LMND's Balance sheet
Lemonade Inc 's Sales TTM $ 430 Millions Visit LMND's Income Statement
Where are LMND's Sales coming from? Visit LMND'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
LMND'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 LMND's Competitors
Receivables Turnover Ratio for LMND's Suppliers
Accounts Receivables Turnover Ratio for LMND's Customers

You may also want to know
LMND's Growth Rates LMND's Roa LMND's Inventory Turnover Ratio LMND's Dividend Comparisons
LMND's Profitability Ratios LMND's Roi LMND's Asset Turnover Ratio LMND's Dividend Growth
LMND's Valuation Ratios LMND's Roe LMND's Financial Strength Ratios LMND'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
Price T Rowe Group Inc  8.47 $ 6,460.500  Millions$ 762.925  Millions
Columbia Banking System Inc   8.37 $ 1,783.899  Millions$ 213.212  Millions
Equinix Inc   8.28 $ 8,188.136  Millions$ 988.504  Millions
Peoples Financial Services Corp   8.26 $ 100.321  Millions$ 12.147  Millions
Federal Home Loan Mortgage Corporation  8.20 $ 20,357.000  Millions$ 2,481.250  Millions
Virtus Investment Partners Inc   8.20 $ 857.726  Millions$ 104.553  Millions
Invesco Ltd   8.07 $ 5,764.200  Millions$ 713.950  Millions
Heritage Financial Corp  7.95 $ 239.538  Millions$ 30.115  Millions
Glacier Bancorp Inc   7.91 $ 794.966  Millions$ 100.520  Millions
Inventrust Properties Corp   7.87 $ 258.676  Millions$ 32.862  Millions
Medalist Diversified Reit inc   7.86 $ 10.273  Millions$ 1.306  Millions
Radian Group Inc  7.83 $ 1,240.588  Millions$ 158.475  Millions
Enterprise Bancorp inc   7.80 $ 161.444  Millions$ 20.696  Millions
Central Pacific Financial Corp   7.73 $ 240.965  Millions$ 31.171  Millions
Texas Community Bancshares inc   7.44 $ 11.060  Millions$ 1.487  Millions
Nexpoint Diversified Real Estate Trust  7.44 $ 63.284  Millions$ 8.506  Millions
Selectquote Inc   7.42 $ 1,159.344  Millions$ 156.178  Millions
Simon Property Group inc   7.30 $ 5,658.836  Millions$ 775.403  Millions
Retail Opportunity Investments Corp   7.27 $ 327.732  Millions$ 45.063  Millions
Burke and Herbert Financial Services Corp   7.26 $ 111.497  Millions$ 15.358  Millions
Intercontinental Exchange Inc   7.11 $ 10,222.000  Millions$ 1,437.750  Millions
Agree Realty Corporation  7.10 $ 537.495  Millions$ 75.680  Millions
Lamar Advertising Co  7.08 $ 2,110.987  Millions$ 298.249  Millions
Simmons First National Corp  7.02 $ 763.664  Millions$ 108.749  Millions
Colony Bankcorp Inc   6.93 $ 110.278  Millions$ 15.918  Millions
Evercore Inc   6.89 $ 2,442.666  Millions$ 354.577  Millions
Franklin Bsp Realty Trust Inc   6.79 $ 263.950  Millions$ 38.868  Millions
John Marshall Bancorp inc   6.79 $ 38.702  Millions$ 5.703  Millions
Northwest Bancshares inc   6.58 $ 526.632  Millions$ 80.029  Millions
Coinbase Global Inc   6.43 $ 3,108.383  Millions$ 483.239  Millions

Date modified: 2024-02-29T15:37:08+00:00



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