Rand Logistics, Inc. Receivables Turnover Ratio (RLOG), from the third quarter 2018 to the third quarter 2017 current and historic results, rankings and more - CSIMarket
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Rand Logistics, Inc.  (RLOG)
 

Rand Logistics Accounts Receivables Turnover Ratio from the third quarter 2018 to the third quarter 2017

Quarterly Results, Trends, Rankings, Statistics


Rand Logistics, Inc.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2018 to a ratio of 8.92, above the company average. This is a clear sign of healthy business climate in the Marine Transportation industry and improving liquidity at their respective customers, during the third quarter 2018. Average receivable collection period, for the Rand Logistics in Dec 31 2017 quarter, has decreased to 41 days, compared to 42 days, in the Sep 30 2017 quarter.

If we take a look into Transportation sector 51 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1625, from overall ranking in the second quarter 2018 at 2603.

What is Receivable Turnover Ratio?
What is Rand Logistics, Inc. Selling?


What is Receivable Turnover Ratio?





RLOG Receivables Turnover Ratio (Dec 31 2017)
III. Quarter
(Sep 30 2017)
II. Quarter
(Jun 30 2017)
I. Quarter
(Mar 31 2017)
IV. Quarter
(Dec 31 2016)
III. Quarter
Y / Y Receivable Change -1.02 % 30.88 % 3.1 % 52.06 % 18.22 %
Y / Y Revenue Change 6.83 % 0.58 % -4.36 % -22.36 % -17.41 %
Receivable Turnover Ratio (TTM) 8.92 8.7 9.39 9.6 10
RLOG's Total Ranking # 1625 # 2603 # 1605 # 1605 # 2603
Accounts Receivable average collection period days 41 42 39 38 36
Seq. Receivable Change -5.8 % 6.47 % 283.54 % -74.27 % 24.56 %
Seq. Revenue Change 2.31 % 22.03 % 603.39 % -87.83 % -3.68 %


Receivable Turnover Company Ranking
Within: No.
Marine Transportation Industry # 19
Transportation Sector # 52
Overall Market # 1625

Receivable Turnover Ratio Statistics
High Average Low
11.22 8.18 -2.52
(Sep 30 2016)   (Dec 31 2013)






Financial Statements
Rand Logistics's Accounts Receivable $ 16 Millions Visit RLOG's Balance sheet
Rand Logistics's Sales TTM $ 117 Millions Visit RLOG's Income Statement
Sources of RLOG's Revenues Visit RLOG'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
RLOG'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
RLOG's Growth Rates RLOG's Roa RLOG's Inventory Turnover Ratio RLOG's Dividend Comparisons
RLOG's Profitability Ratios RLOG's Roi RLOG's Asset Turnover Ratio RLOG's Dividend Growth
RLOG's Valuation Ratios RLOG's Roe RLOG's Financial Strength Ratios RLOG's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2017, within Transportation Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2017 Receivable at quarter ending Dec 31 2017
Eagle Bulk Shipping Inc   19.97 $ 236.785  Millions$ 11.858  Millions
Delta Air Lines Inc   17.84 $ 41,244.000  Millions$ 2,311.750  Millions
Star Bulk Carriers Corp   17.70 $ 331.976  Millions$ 18.752  Millions
Euroseas Ltd   17.66 $ 42.917  Millions$ 2.430  Millions
Sfl Corporation Ltd   17.15 $ 380.878  Millions$ 22.208  Millions
Patriot Transportation Holding Inc   16.49 $ 111.308  Millions$ 6.749  Millions
Usd Partners Lp  15.91 $ 111.336  Millions$ 6.999  Millions
Union Pacific Corp  15.29 $ 21,240.000  Millions$ 1,389.250  Millions
Pangaea Logistics Solutions Ltd   15.20 $ 385.102  Millions$ 25.328  Millions
Air T Inc   13.12 $ 184.747  Millions$ 14.085  Millions
Blink Charging Co   12.99 $ 2.500  Millions$ 0.192  Millions
Corporaci n Am rica Airports S a   12.93 $ 1,575.153  Millions$ 121.834  Millions
Air Transport Services Group Inc   12.79 $ 1,068.200  Millions$ 83.490  Millions
Atlas Air Worldwide Holdings Inc   12.51 $ 2,156.460  Millions$ 172.412  Millions
Octave Specialty Group Inc   11.97 $ 390.426  Millions$ 32.608  Millions
Frontline Plc  11.83 $ 646.326  Millions$ 54.653  Millions
Csx Corporation  11.67 $ 11,408.000  Millions$ 977.250  Millions
Kansas City Southern  11.27 $ 2,582.900  Millions$ 229.100  Millions
Danaos Corporation  11.15 $ 451.731  Millions$ 40.509  Millions
J b Hunt Transport Services Inc   11.07 $ 7,189.567  Millions$ 649.674  Millions
Norfolk Southern Corp  10.96 $ 10,551.000  Millions$ 963.000  Millions
Navios Maritime Acquisition Corporation  10.84 $ 227.288  Millions$ 20.974  Millions
American Railcar Industries, Inc.  10.71 $ 476.843  Millions$ 44.522  Millions
Trinity Industries Inc  10.15 $ 3,662.800  Millions$ 360.975  Millions
Heartland Express Inc  10.04 $ 607.336  Millions$ 60.512  Millions
Navigator Holdings Ltd   9.73 $ 298.595  Millions$ 30.680  Millions
Yellow Corporation  9.68 $ 4,891.000  Millions$ 505.325  Millions
Gol Intelligent Airlines Inc   9.49 $ 10,576.022  Millions$ 1,114.969  Millions
Navios Maritime Partners L p   9.47 $ 211.652  Millions$ 22.352  Millions
Arcbest Corporation  9.46 $ 2,826.457  Millions$ 298.842  Millions

Date modified: 2026-08-29T17:13:08+00:00



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