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Pam Transportation Services Inc  (PTSI)
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Pam Transportation Services Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Pam Transportation Services Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 7.39, above the company average. This is a clear sign of healthy business climate in the Transport & Logistics industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Pam Transportation Services Inc in Dec 31 2023 quarter, has decreased to 49 days, compared to 52 days, in the Sep 30 2023 quarter.

If we take a look into Transportation sector 43 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from 301 to 1198.

What is Receivable Turnover Ratio?
What is Pam Transportation Services Inc Selling?


What is Receivable Turnover Ratio?




PTSI 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 -37.73 % -35.65 % -33.5 % -3.05 % 9.35 %
Y / Y Revenue Change -24.18 % -20.24 % -12.55 % 1.04 % 11.08 %
Receivable Turnover Ratio (TTM) 7.39 7.06 6.69 6.29 6.23
PTSI's Total Ranking # 1198 # 301 # 541 # 583 # 533
Average receivable collection period 49 52 55 58 59
Seq. Receivable Change -15.65 % -3.44 % -22.37 % -1.51 % -12.83 %
Seq. Revenue Change -10.59 % -2.85 % -6.45 % -6.69 % -5.94 %


Receivable Turnover Company Ranking
Within: No.
Transport & Logistics Industry # 10
Transportation Sector # 44
Overall Market # 1198

Receivable Turnover Ratio Statistics
High Average Low
7.59 6.6 6.02
(Mar 31 2020)   (March 31, 2014)






Financial Statements
Pam Transportation Services Inc's Accounts Receivable $ 88 Millions Visit PTSI's Balance sheet
Pam Transportation Services Inc's Sales TTM $ 811 Millions Visit PTSI's Income Statement
Where are PTSI's Sales coming from? Visit PTSI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Transport & Logistics Industry Accounts Receivable Turnover Trends and Statistics
Transportation Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
PTSI's Receivable Turnover Ratio versus Transport & Logistics Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for PTSI's Competitors
Receivables Turnover Ratio for PTSI's Suppliers
Accounts Receivables Turnover Ratio for PTSI's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Transportation Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Genco Shipping and Trading Limited  20.83 $ 383.825  Millions$ 18.431  Millions
Southwest Airlines Co   20.45 $ 26,091.000  Millions$ 1,276.000  Millions
Latam Airlines Group S a   19.63 $ 11,640.541  Millions$ 592.880  Millions
Delta Air Lines Inc   18.30 $ 58,048.000  Millions$ 3,172.500  Millions
Sfl Corporation Ltd   16.82 $ 752.286  Millions$ 44.722  Millions
Wheels Up Experience Inc   16.66 $ 1,253.317  Millions$ 75.218  Millions
Eagle Bulk Shipping Inc   13.86 $ 393.799  Millions$ 28.407  Millions
Star Bulk Carriers Corp   13.83 $ 949.269  Millions$ 68.662  Millions
Teekay Corporation  12.44 $ 1,464.975  Millions$ 117.794  Millions
Union Pacific Corp  12.39 $ 24,119.000  Millions$ 1,947.000  Millions
Singularity Future Technology Ltd   12.04 $ 3.684  Millions$ 0.306  Millions
J b Hunt Transport Services Inc   11.68 $ 12,829.665  Millions$ 1,098.521  Millions
Pangaea Logistics Solutions Ltd   11.18 $ 496.342  Millions$ 44.413  Millions
Blade Air Mobility Inc   11.12 $ 225.180  Millions$ 20.258  Millions
Air T Inc   10.96 $ 288.530  Millions$ 26.337  Millions
Csx Corporation  10.67 $ 14,657.000  Millions$ 1,374.000  Millions
Norfolk Southern Corporation  10.53 $ 12,156.000  Millions$ 1,154.000  Millions
Unique Logistics International Inc   10.48 $ 450.329  Millions$ 42.958  Millions
Heartland Express Inc   9.84 $ 1,207.458  Millions$ 122.702  Millions
Toro Corp   9.74 $ 78.469  Millions$ 8.056  Millions
Arcbest Corporation  9.39 $ 4,427.443  Millions$ 471.344  Millions
Zim Integrated Shipping Services Ltd   9.36 $ 1,677.400  Millions$ 179.300  Millions
Marten Transport Ltd  9.22 $ 1,131.455  Millions$ 122.753  Millions
Westinghouse Air Brake Technologies Corporation  9.14 $ 9,677.000  Millions$ 1,058.750  Millions
Trinity Industries Inc  8.82 $ 2,983.300  Millions$ 338.125  Millions
Schneider National Inc   8.48 $ 5,498.900  Millions$ 648.625  Millions
Fedex Corporation  8.42 $ 87,945.000  Millions$ 10,445.250  Millions
Knight swift Transportation Holdings Inc   8.06 $ 7,141.766  Millions$ 886.485  Millions
Canadian Pacific Kansas City Ltd  7.82 $ 9,617.130  Millions$ 1,230.196  Millions
Covenant Logistics Group Inc   7.76 $ 1,103.573  Millions$ 142.245  Millions

Date modified: 2024-03-13T23:14:28+00:00



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