Petrogress Inc Receivables Turnover Ratio (PGAS), from the third quarter 2021 to the third quarter 2020 current and historic results, rankings and more - CSIMarket
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Petrogress Inc   (PGAS)
 

Petrogress Inc Accounts Receivables Turnover Ratio from the third quarter 2021 to the third quarter 2020

Quarterly Results, Trends, Rankings, Statistics


Petrogress Inc 's ability to collect accounts receivable sequentially worsen to 3.15, pointing to a challenging and on top of that deteriorating business climate for the Marine Transportation industry. Petrogress Inc 's Accounts Receivable average collection period in the Sep 30 2021 quarter, has increased to 116 days, from 103 days, in the Jun 30 2021 quarter.

If we take a look into Transportation sector 62 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2021 from 3266 to 3268.

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


What is Receivable Turnover Ratio?





PGAS 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 87.35 % 38.28 % 58.72 % 3.35 % -52.41 %
Y / Y Revenue Change 9.11 % - -29.97 % -17.68 % -86.99 %
Receivable Turnover Ratio (TTM) 3.15 3.56 3.92 4.9 5.65
PGAS's Total Ranking # 3268 # 3266 # 1353 # 1241 # 1353
Accounts Receivable average collection period days 116 103 93 75 65
Seq. Receivable Change 13.11 % -23.99 % 52.22 % 43.16 % -16.52 %
Seq. Revenue Change - - -75.23 % 670.58 % 491.73 %


Receivable Turnover Company Ranking
Within: No.
Marine Transportation Industry # 15
Transportation Sector # 63
Overall Market # 3268

Receivable Turnover Ratio Statistics
High Average Low
8.49 3.74 0.73
(Jun 30 2016)   (Sep 30 2018)






Financial Statements
Petrogress Inc 's Accounts Receivable $ 3 Millions Visit PGAS's Balance sheet
Petrogress Inc 's Sales TTM $ 8 Millions Visit PGAS's Income Statement
Sources of PGAS's Revenues Visit PGAS'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
PGAS's Receivable Turnover Ratio versus Marine Transportation Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2021, within Transportation Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2021 Receivable at quarter ending Sep 30 2021
Us Xpress Enterprises Inc  8.09 $ 1,872.508  Millions$ 231.434  Millions
Hawaiian Holdings inc  8.03 $ 1,251.529  Millions$ 155.765  Millions
Knight swift Transportation Holdings Inc   8.03 $ 5,459.121  Millions$ 680.132  Millions
Westinghouse Air Brake Technologies Corporation  7.90 $ 7,773.100  Millions$ 983.950  Millions
Trinity Industries Inc  7.85 $ 1,689.400  Millions$ 215.225  Millions
Fedex Corporation  7.74 $ 86,641.000  Millions$ 11,194.250  Millions
Forward Air Corporation  7.71 $ 1,552.839  Millions$ 201.353  Millions
Brink s Co  7.53 $ 4,123.600  Millions$ 547.325  Millions
Hub Group Inc   7.19 $ 3,928.710  Millions$ 546.488  Millions
C h Robinson Worldwide Inc   6.93 $ 21,149.742  Millions$ 3,053.095  Millions
Freightcar America Inc   6.90 $ 188.621  Millions$ 27.324  Millions
Echo Global Logistics inc   6.74 $ 3,475.168  Millions$ 515.514  Millions
Pamt Corp  6.70 $ 635.955  Millions$ 94.933  Millions
Werner Enterprises Inc   6.37 $ 2,589.453  Millions$ 406.483  Millions
Landstar System Inc   6.14 $ 5,891.727  Millions$ 959.045  Millions
Dorian Lpg Ltd   6.09 $ 314.101  Millions$ 51.607  Millions
Bristow Group Inc   5.73 $ 1,205.415  Millions$ 210.411  Millions
Blink Charging Co   5.71 $ 15.464  Millions$ 2.707  Millions
Expeditors International Of Washington Inc   5.67 $ 14,455.082  Millions$ 2,550.752  Millions
Universal Logistics Holdings Inc   5.42 $ 1,669.561  Millions$ 307.935  Millions
The Greenbrier Companies Inc   5.35 $ 1,747.981  Millions$ 326.853  Millions
United Parcel Service Inc   4.52 $ 94,412.000  Millions$ 20,874.000  Millions
Singularity Future Technology Ltd  4.19 $ 5.810  Millions$ 1.386  Millions
Saker Aviation Services Inc   3.38 $ 4.113  Millions$ 1.215  Millions
Petrogress Inc   3.15 $ 8.393  Millions$ 2.665  Millions
Tsakos Energy Navigation Limited  3.15 $ 4,332.000  Millions$ 1,375.427  Millions
Ardmore Shipping Corp  2.61 $ 47.200  Millions$ 18.114  Millions
Dht Holdings Inc   2.19 $ 59.095  Millions$ 27.033  Millions
Seacor Marine Holdings Inc   2.17 $ 135.493  Millions$ 62.543  Millions
Teekay Corporation Ltd   1.54 $ 320.353  Millions$ 208.089  Millions

Date modified: 2026-06-22T14:32:23+00:00



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