1 National Western Life Group Inc Receivables Turnover Ratio (NWLI), from the first quarter 2024 to the first quarter 2023 current and historic results, rankings and more - CSIMarket
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National Western Life Group Inc   (NASDAQ: NWLI)
    Sector • Financial    Industry • Life Insurance
   Industry • Life Insurance
   Sector • Financial
 

National Western Life Group Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


National Western Life Group Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2024 to a ratio of 1.57, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the National Western Life Group Inc in Mar 31 2024 quarter, has decreased to 232 days, compared to 248 days, in the Dec 31 2023 quarter.

If we take a look into Financial sector 287 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 1763 to 1813.

What is Receivable Turnover Ratio?
What is National Western Life Group Inc Selling?


What is Receivable Turnover Ratio?





NWLI 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 -8.89 % -8.77 % 3.63 % 6.7 % 8.32 %
Y / Y Revenue Change 29.45 % 27.47 % 10.22 % 58.91 % 10.39 %
Receivable Turnover Ratio (TTM) 1.57 1.47 1.27 1.25 1.12
NWLI's Total Ranking # 1813 # 1763 # 1502 # 3314 #
Accounts Receivable average collection period days 232 248 286 292 326
Seq. Receivable Change -94.46 % 1597.85 % 5.63 % -8.27 % -94.45 %
Seq. Revenue Change -4.96 % 32.66 % -15.84 % 21.99 % -6.41 %


Receivable Turnover Company Ranking
Within: No.
Life Insurance Industry # 8
Financial Sector # 288
Overall Market # 1813

Receivable Turnover Ratio Statistics
High Average Low
9.77 7.23 5.57
(Jun 30 2021)   (Dec 31 2018)






Financial Statements
National Western Life Group Inc 's Accounts Receivable $ 90 Millions Visit NWLI's Balance sheet
National Western Life Group Inc 's Sales TTM $ 748 Millions Visit NWLI's Income Statement
Sources of NWLI's Revenues Visit NWLI's Sales by Geography

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

You may also want to know
NWLI's Growth Rates NWLI's Roa NWLI's Inventory Turnover Ratio NWLI's Dividend Comparisons
NWLI's Profitability Ratios NWLI's Roi NWLI's Asset Turnover Ratio NWLI's Dividend Growth
NWLI's Valuation Ratios NWLI's Roe NWLI's Financial Strength Ratios NWLI'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
Extra Space Storage Inc   22.70 $ 2,856.733  Millions$ 125.868  Millions
Paccar Inc  22.50 $ 26,515.400  Millions$ 1,178.625  Millions
Vornado Realty Trust  22.37 $ 1,801.615  Millions$ 80.540  Millions
Moelis and Co  21.73 $ 884.413  Millions$ 40.707  Millions
Security National Financial Corporation  21.57 $ 320.185  Millions$ 14.846  Millions
Open Lending Corporation  21.50 $ 118.068  Millions$ 5.491  Millions
State Street Corp  21.45 $ 11,982.000  Millions$ 558.500  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
Braemar Hotels and Resorts Inc   19.96 $ 743.455  Millions$ 37.251  Millions
Ryman Hospitality Properties inc   19.12 $ 2,194.762  Millions$ 114.799  Millions
Nexpoint Residential Trust Inc   19.05 $ 275.876  Millions$ 14.481  Millions
Chiron Real Estate Inc   19.03 $ 139.937  Millions$ 7.353  Millions
Green Dot Corp  18.82 $ 1,536.936  Millions$ 81.644  Millions
Lesaka Technologies Inc   18.42 $ 552.773  Millions$ 30.006  Millions
The Marygold Companies Inc   18.36 $ 33.455  Millions$ 1.822  Millions
Weyerhaeuser Company  18.24 $ 7,589.000  Millions$ 416.000  Millions
Defi Development Corp   17.95 $ 1.947  Millions$ 0.108  Millions
Riot Platforms Inc   17.71 $ 286.738  Millions$ 16.189  Millions
Unitedhealth Group Incorporated  17.43 $ 379,487.000  Millions$ 21,774.500  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
Value Line Inc   17.12 $ 40.251  Millions$ 2.351  Millions
Reliance Global Group Inc   16.83 $ 13.875  Millions$ 0.825  Millions
Alignment Healthcare Inc   16.80 $ 2,013.076  Millions$ 119.817  Millions
Binah Capital Group inc   16.44 $ 41.449  Millions$ 2.522  Millions
Forge Global Holdings Inc   16.19 $ 73.584  Millions$ 4.544  Millions
Bimini Capital Management Inc   16.17 $ 18.246  Millions$ 1.128  Millions
Usio Inc   16.10 $ 83.926  Millions$ 5.213  Millions

Date modified: 2026-08-29T17:33:06+00:00



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