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Dorian Lpg Ltd   (LPG)
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Dorian Lpg Ltd Accounts Receivables Turnover Ratio from the third quarter 2024 to the third quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Dorian Lpg Ltd 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2024 to a ratio of 6.73, this represents a new company high. This is a clear indication for improving liquidity at Dorian Lpg Ltd 's clients. Average receivable collection period, for the Dorian Lpg Ltd in Dec 31 2023 quarter, has decreased to 54 days, compared to 56 days, in the Sep 30 2023 quarter.

If we take a look into Transportation sector 50 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1353, from overall ranking in the second quarter 2024 at 2658.

What is Receivable Turnover Ratio?
What is Dorian Lpg Ltd Selling?


What is Receivable Turnover Ratio?




LPG Receivables Turnover Ratio (Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Receivable Change 31.47 % 20.77 % 15.46 % 30.21 % 81.55 %
Y / Y Revenue Change 57.82 % 90.47 % 45.22 % 67.92 % 50.62 %
Receivable Turnover Ratio (TTM) 6.73 6.54 5.85 5.56 5.11
LPG's Total Ranking # 1353 # 2658 # 2427 # 2427 # 3220
Average receivable collection period 54 56 62 66 71
Seq. Receivable Change 69.18 % -7.09 % -5.56 % -11.44 % 55.41 %
Seq. Revenue Change 12.69 % 29.7 % -16.52 % 29.34 % 36.01 %


Receivable Turnover Company Ranking
Within: No.
Marine Transportation Industry # 20
Transportation Sector # 51
Overall Market # 1353

Receivable Turnover Ratio Statistics
High Average Low
6.73 5.17 3.55
(Dec 31 2023)   (Mar 31 2019)






Financial Statements
Dorian Lpg Ltd 's Accounts Receivable $ 113 Millions Visit LPG's Balance sheet
Dorian Lpg Ltd 's Sales TTM $ 553 Millions Visit LPG's Income Statement
Where are LPG's Sales coming from? Visit LPG's Sales by Geography

Other Accounts Receivable Turnover Ratios
Marine Transportation Industry Accounts Receivable Turnover Trends and Statistics
Transportation Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
LPG's Receivable Turnover Ratio versus Marine Transportation Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for LPG's Competitors
Receivables Turnover Ratio for LPG's Suppliers
Accounts Receivables Turnover Ratio for LPG's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Transportation Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Teekay Corporation  12.44 $ 1,464.975  Millions$ 117.794  Millions
Union Pacific Corp  12.39 $ 24,119.000  Millions$ 1,947.000  Millions
Singularity Future Technology Ltd   12.04 $ 3.684  Millions$ 0.306  Millions
J b Hunt Transport Services Inc   11.68 $ 12,829.665  Millions$ 1,098.521  Millions
Pangaea Logistics Solutions Ltd   11.18 $ 496.342  Millions$ 44.413  Millions
Blade Air Mobility Inc   11.12 $ 225.180  Millions$ 20.258  Millions
Air T Inc   10.96 $ 288.530  Millions$ 26.337  Millions
Csx Corporation  10.67 $ 14,657.000  Millions$ 1,374.000  Millions
Norfolk Southern Corporation  10.53 $ 12,156.000  Millions$ 1,154.000  Millions
Unique Logistics International Inc   10.48 $ 450.329  Millions$ 42.958  Millions
Heartland Express Inc   9.84 $ 1,207.458  Millions$ 122.702  Millions
Toro Corp   9.74 $ 78.469  Millions$ 8.056  Millions
Arcbest Corporation  9.39 $ 4,427.443  Millions$ 471.344  Millions
Zim Integrated Shipping Services Ltd   9.36 $ 1,677.400  Millions$ 179.300  Millions
Marten Transport Ltd  9.22 $ 1,131.455  Millions$ 122.753  Millions
Westinghouse Air Brake Technologies Corporation  9.14 $ 9,677.000  Millions$ 1,058.750  Millions
Trinity Industries Inc  8.82 $ 2,983.300  Millions$ 338.125  Millions
Schneider National Inc   8.48 $ 5,498.900  Millions$ 648.625  Millions
Fedex Corporation  8.42 $ 87,945.000  Millions$ 10,445.250  Millions
Knight swift Transportation Holdings Inc   8.06 $ 7,141.766  Millions$ 886.485  Millions
Navigator Holdings Ltd   8.03 $ 550.737  Millions$ 68.581  Millions
Canadian Pacific Kansas City Ltd  7.82 $ 9,617.130  Millions$ 1,230.196  Millions
Covenant Logistics Group Inc   7.76 $ 1,103.573  Millions$ 142.245  Millions
Forward Air Corporation  7.53 $ 1,370.735  Millions$ 181.947  Millions
The Greenbrier Companies Inc   7.39 $ 3,984.900  Millions$ 539.100  Millions
Dht Holdings Inc   7.39 $ 560.556  Millions$ 75.848  Millions
Pam Transportation Services Inc  7.09 $ 810.807  Millions$ 114.291  Millions
Ardmore Shipping Corp  7.04 $ 395.978  Millions$ 56.234  Millions
C h Robinson Worldwide Inc   7.03 $ 17,596.443  Millions$ 2,502.743  Millions
Werner Enterprises Inc   6.88 $ 3,283.499  Millions$ 476.995  Millions

Date modified: 2024-02-01T20:30:30+00:00



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