Novation Companies Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2021 to a ratio of 10.32, above the company average. This is a clear sign of healthy business climate in the Real Estate Operations industry and improving liquidity at their respective customers, during the third quarter 2021. Average receivable collection period, for the Novation Companies Inc in Sep 30 2021 quarter, has decreased to 35 days, compared to 38 days, in the Jun 30 2021 quarter.

If we take a look into Services sector 6 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 30, from overall ranking in the second quarter 2021 at 1310.

What is Receivable Turnover Ratio?
What is Novation Companies Inc Selling?

What is Receivable Turnover Ratio?

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NOVC Receivables Turnover Ratio	(Sep 30 2021) III. Quarter	(Jun 30 2021) II. Quarter	(Mar 31 2021) I. Quarter	(Dec 31 2020) IV. Quarter	(Sep 30 2020) III. Quarter
Y / Y Receivable Change	-40.41 %	-12.5 %	-20.71 %	-23.93 %	-11.8 %
Y / Y Revenue Change	-19.69 %	5.87 %	-11.78 %	-19.45 %	-20.99 %
Receivable Turnover Ratio (TTM)	10.32	9.61	9.16	8.92	8.85
NOVC's Total Ranking	# 30	# 1310	# 34	# 1041	# 1295
Accounts Receivable average collection period days	35	38	40	41	41
Seq. Receivable Change	-30.15 %	-0.24 %	0.76 %	-15.12 %	2.56 %
Seq. Revenue Change	-23.84 %	5.46 %	-1.81 %	1.83 %	0.4 %

Receivable Turnover Company Ranking
Within:	No.
Real Estate Operations Industry	# 1
Services Sector	# 7
Overall Market	# 30

Receivable Turnover Ratio Statistics
High	Average	Low
4.33	1.83	-0.55
(Sep 30 2021)		(Dec 31 2015)

NOVC Company Profile • Back to NOVC Efficiency Comparisons • Compare NOVC Receivables Turnover Ratio to its Competitors

Financial Statements
Novation Companies Inc 's Accounts Receivable	$ 4 Millions	Visit NOVC's Balance sheet
Novation Companies Inc 's Sales TTM	$ 48 Millions	Visit NOVC's Income Statement
Sources of NOVC's Revenues		Visit NOVC's Sales by Geography

Other Accounts Receivable Turnover Ratios
Real Estate Operations Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
NOVC's Receivable Turnover Ratio versus Real Estate Operations Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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NOVC's Growth Rates	NOVC's Roa	NOVC's Inventory Turnover Ratio	NOVC's Dividend Comparisons
NOVC's Profitability Ratios	NOVC's Roi	NOVC's Asset Turnover Ratio	NOVC's Dividend Growth
NOVC's Valuation Ratios	NOVC's Roe	NOVC's Financial Strength Ratios	NOVC's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2021, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2021	Receivable at quarter ending Sep 30 2021
Astrana Health Inc	36.86	$ 755.596 Millions	$ 20.500 Millions
Bbq Holdings Inc.	36.79	$ 173.520 Millions	$ 4.716 Millions
Ww International Inc	36.49	$ 1,260.099 Millions	$ 34.528 Millions
Upbound Group Inc	36.05	$ 4,128.516 Millions	$ 114.518 Millions
Sadot Group Inc	35.99	$ 8.469 Millions	$ 0.235 Millions
One Group Hospitality Inc	35.50	$ 238.104 Millions	$ 6.707 Millions
Investview Inc	35.48	$ 73.927 Millions	$ 2.083 Millions
Lubys Inc	35.14	$ 214.082 Millions	$ 6.092 Millions
Zoned Properties Inc	33.72	$ 1.592 Millions	$ 0.047 Millions
Medicine Man Technologies inc	33.67	$ 91.058 Millions	$ 2.704 Millions
Advanced Oxygen Technologies Inc	32.47	$ 0.041 Millions	$ 0.001 Millions
Starbucks Corporation	32.16	$ 29,060.600 Millions	$ 903.700 Millions
Bally s Corporation	31.80	$ 892.874 Millions	$ 28.075 Millions
Golden Entertainment Inc	31.35	$ 1,020.213 Millions	$ 32.545 Millions
Gaia Inc	31.04	$ 77.370 Millions	$ 2.492 Millions
Exp World Holdings inc	30.76	$ 3,303.522 Millions	$ 107.380 Millions
Idt Corp	30.67	$ 1,473.648 Millions	$ 48.052 Millions
Olb Group Inc	29.36	$ 10.728 Millions	$ 0.365 Millions
Paysign Inc	28.53	$ 27.951 Millions	$ 0.980 Millions
Xenia Hotels and Resorts Inc	28.30	$ 476.564 Millions	$ 16.841 Millions
Greensky Inc	27.51	$ 518.646 Millions	$ 18.853 Millions
Groupon Inc	27.14	$ 1,086.999 Millions	$ 40.054 Millions
Draftkings Inc	26.77	$ 1,233.465 Millions	$ 46.068 Millions
The Cheesecake Factory Incorporated	26.77	$ 2,705.399 Millions	$ 101.056 Millions
Frp Holdings Inc	25.37	$ 28.674 Millions	$ 1.130 Millions
Tss Inc	25.29	$ 20.073 Millions	$ 0.794 Millions
Angi Inc	25.00	$ 1,628.883 Millions	$ 65.163 Millions
Quotemedia Inc	24.91	$ 14.524 Millions	$ 0.583 Millions
Kura Sushi Usa Inc	24.85	$ 64.891 Millions	$ 2.612 Millions
Butler National Corp	24.76	$ 69.757 Millions	$ 2.817 Millions

Date modified: 2026-06-22T16:30:27+00:00

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