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Orrstown Financial Services Inc   (ORRF)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Orrstown Financial Services Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Orrstown Financial Services Inc 's ability to collect accounts receivable sequentially worsen to 10.62, indicating more challenging environment then in the third quarter 2023, but still, it is a far cry from any concerns. Orrstown Financial Services Inc 's Average receivable collection period in the Dec 31 2023 quarter, has increased to 34 days, from 32 days, in the Sep 30 2023 quarter.

If we take a look into Financial sector 298 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from 1071 to 2146.

What is Receivable Turnover Ratio?
What is Orrstown Financial Services Inc Selling?


What is Receivable Turnover Ratio?




ORRF 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 23.61 % -99.41 % -99.41 % -99.44 % 33.92 %
Y / Y Revenue Change -3.12 % 6.65 % 12.18 % 6.37 % 15.05 %
Receivable Turnover Ratio (TTM) 10.62 11.32 0.24 0.12 0.08
ORRF's Total Ranking # 2146 # 1071 # 3641 # 3579 # 3271
Average receivable collection period 34 32 1496 2994 4491
Seq. Receivable Change 11.61 % 3.73 % 7.9 % -1.05 % -99.47 %
Seq. Revenue Change 0.26 % -3.4 % 4.71 % -4.47 % 10.37 %


Receivable Turnover Company Ranking
Within: No.
Regional Banks Industry # 21
Financial Sector # 299
Overall Market # 2146

Receivable Turnover Ratio Statistics
High Average Low
0.05 0.04 0.04
(March 31, 2015)   (Sep 30 2020)






Financial Statements
Orrstown Financial Services Inc 's Accounts Receivable $ 14 Millions Visit ORRF's Balance sheet
Orrstown Financial Services Inc 's Sales TTM $ 129 Millions Visit ORRF's Income Statement
Where are ORRF's Sales coming from? Visit ORRF'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
ORRF's Receivable Turnover Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for ORRF's Competitors
Receivables Turnover Ratio for ORRF's Suppliers
Accounts Receivables Turnover Ratio for ORRF's Customers

You may also want to know
ORRF's Growth Rates ORRF's Roa ORRF's Inventory Turnover Ratio ORRF's Dividend Comparisons
ORRF's Profitability Ratios ORRF's Roi ORRF's Asset Turnover Ratio ORRF's Dividend Growth
ORRF's Valuation Ratios ORRF's Roe ORRF's Financial Strength Ratios ORRF'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
Everest Group Ltd   25.75 $ 18,223.533  Millions$ 707.750  Millions
Rayonier Inc   25.26 $ 1,056.933  Millions$ 41.838  Millions
Hawthorn Bancshares Inc   24.72 $ 64.338  Millions$ 2.603  Millions
Prosper Marketplace Inc   24.27 $ 137.700  Millions$ 5.674  Millions
Hennessy Advisors Inc  24.09 $ 20.711  Millions$ 0.860  Millions
Federated Hermes Inc   23.91 $ 1,632.133  Millions$ 68.269  Millions
The Marygold Companies Inc   23.01 $ 33.874  Millions$ 1.472  Millions
Empire State Realty Op L p   22.03 $ 739.572  Millions$ 33.567  Millions
Kemper Corporation  21.14 $ 4,944.200  Millions$ 233.825  Millions
Ares Management Corporation  19.96 $ 4,646.705  Millions$ 232.841  Millions
Coastal Financial Corporation  19.95 $ 261.910  Millions$ 13.126  Millions
Fidelis Insurance Holdings Limited  19.68 $ 3,596.200  Millions$ 182.700  Millions
First United Corporation  19.67 $ 69.719  Millions$ 3.544  Millions
Robinhood Markets Inc   19.58 $ 1,865.000  Millions$ 95.250  Millions
Loandepot Inc   19.58 $ 1,085.659  Millions$ 55.452  Millions
Stewart Information Services Corp  19.29 $ 2,257.341  Millions$ 117.011  Millions
Braemar Hotels and Resorts Inc   19.02 $ 739.343  Millions$ 38.864  Millions
Global Medical Reit inc   18.64 $ 141.049  Millions$ 7.567  Millions
Oscar Health Inc   17.70 $ 5,862.869  Millions$ 331.279  Millions
Forge Global Holdings Inc   17.56 $ 69.821  Millions$ 3.977  Millions
Banner Corporation  17.37 $ 1,348.469  Millions$ 77.617  Millions
Essent Group Ltd   17.37 $ 1,109.759  Millions$ 63.893  Millions
Boston Properties Inc   17.05 $ 3,273.569  Millions$ 192.020  Millions
Rexford Industrial Realty Inc   17.05 $ 797.826  Millions$ 46.806  Millions
German American Bancorp Inc   16.75 $ 248.144  Millions$ 14.816  Millions
Sl green Realty corp  16.53 $ 913.710  Millions$ 55.288  Millions
American Tower Corporation  16.47 $ 11,144.200  Millions$ 676.700  Millions
Chemung Financial Corp  16.10 $ 95.744  Millions$ 5.948  Millions
Riot Platforms Inc   15.95 $ 280.678  Millions$ 17.602  Millions
Usio Inc   15.90 $ 84.286  Millions$ 5.302  Millions

Date modified: 2024-03-15T07:01:43+00:00



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