Progressive Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2026 to a ratio of 22.61, this represents a new company high. This is a clear indication for improving liquidity at Progressive Corp's clients. Average receivable collection period, for the Progressive in Jun 30 2026 quarter, has decreased to 16 days, compared to 17 days, in the Mar 31 2026 quarter.

If we take a look into Financial sector 123 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 602, from overall ranking in the first quarter 2026 at 760.

What is Receivable Turnover Ratio?
What is Progressive Corp Selling?

What is Receivable Turnover Ratio?

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PGR Receivables Turnover Ratio	(Jun 30 2026) II. Quarter	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter	(Jun 30 2025) II. Quarter
Y / Y Receivable Change	-6.62 %	-10.02 %	-14.31 %	-15.87 %	-14.02 %
Y / Y Revenue Change	7.29 %	8.72 %	12.18 %	14.16 %	21.34 %
Receivable Turnover Ratio (TTM)	22.61	21.83	20.83	19.45	18.02
PGR's Total Ranking	# 602	# 760	# 674	# 724	# 802
Accounts Receivable average collection period days	16	17	18	19	20
Seq. Receivable Change	-2.1 %	-1.96 %	-0.58 %	-2.14 %	-5.66 %
Seq. Revenue Change	6.4 %	-2.45 %	1.04 %	2.31 %	7.82 %

Receivable Turnover Company Ranking
Within:	No.
Property & Casualty Insurance Industry	# 12
Financial Sector	# 124
Overall Market	# 602

Receivable Turnover Ratio Statistics
High	Average	Low
22.61	7.12	3.4
(Jun 30 2026)		(Sep 30 2019)

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

Financial Statements
Progressive's Accounts Receivable	$ 3,919 Millions	Visit PGR's Balance sheet
Progressive's Sales TTM	$ 91,055 Millions	Visit PGR's Income Statement
Sources of PGR's Revenues		Visit PGR's Sales by Geography

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

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PGR's Valuation Ratios	PGR's Roe	PGR's Financial Strength Ratios	PGR's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2026, within Financial Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2026	Receivable at quarter ending Jun 30 2026
Generation Income Properties Inc	62.67	$ 9.221 Millions	$ 0.147 Millions
Renasant Corp	62.51	$ 1,062.502 Millions	$ 16.997 Millions
Orion Properties Inc	62.07	$ 164.186 Millions	$ 2.645 Millions
Alexanders Inc	61.47	$ 214.802 Millions	$ 3.494 Millions
Apollo Global Management Inc	59.44	$ 35,899.000 Millions	$ 604.000 Millions
Kinetic Seas Inc.	56.75	$ 0.549 Millions	$ 0.010 Millions
Hamilton Lane Incorporated	56.16	$ 918.578 Millions	$ 16.358 Millions
Sphere 3d Corp	56.15	$ 9.714 Millions	$ 0.173 Millions
Hennessy Advisors Inc	55.96	$ 31.382 Millions	$ 0.561 Millions
Galaxy Digital Inc	55.80	$ 57,367.747 Millions	$ 1,028.096 Millions
Alti Global Inc	55.49	$ 276.007 Millions	$ 4.974 Millions
Eastern Bankshares Inc	54.81	$ 1,098.209 Millions	$ 20.035 Millions
Union Bankshares Inc	54.33	$ 57.051 Millions	$ 1.050 Millions
Gcm Grosvenor Inc	53.96	$ 584.812 Millions	$ 10.838 Millions
Jll Income Property Trust Inc	52.25	$ 480.229 Millions	$ 9.191 Millions
Ceres Tactical Systematic L p	51.30	$ 6.232 Millions	$ 0.121 Millions
Qcr Holdings inc	50.73	$ 379.236 Millions	$ 7.475 Millions
Santander Holdings Usa Inc	48.07	$ 7,835.888 Millions	$ 163.024 Millions
Cherry Hill Mortgage Investment Corporation	47.18	$ 70.556 Millions	$ 1.496 Millions
Western Alliance Bancorporation	46.49	$ 3,487.100 Millions	$ 75.000 Millions
Rlj Lodging Trust	45.51	$ 1,381.603 Millions	$ 30.357 Millions
M and t Bank Corporation	44.42	$ 9,451.000 Millions	$ 212.750 Millions
Jefferson Capital Inc	42.87	$ 659.617 Millions	$ 15.388 Millions
Public Storage	42.72	$ 4,890.457 Millions	$ 114.477 Millions
Ceres Orion L p	42.41	$ 42.600 Millions	$ 1.005 Millions
United States Oil Fund Lp	42.32	$ 596.621 Millions	$ 14.097 Millions
Fifth Third Bancorp	41.03	$ 10,073.000 Millions	$ 245.500 Millions
Mdb Capital Holdings Llc	40.37	$ 10.765 Millions	$ 0.267 Millions
Oscar Health Inc	39.15	$ 15,318.633 Millions	$ 391.313 Millions
National Healthcare Properties Inc	38.42	$ 344.319 Millions	$ 8.961 Millions

Date modified: 2026-09-12T18:48:53+00:00

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