Rignet Inc Accounts Receivables Turnover Ratio from the fourth quarter 2020 to the fourth quarter 2019

Quarterly Results, Trends, Rankings, Statistics

Rignet Inc 's ability to collect accounts receivable sequentially worsen to 3.37, pointing to a challenging and on top of that deteriorating business climate for the Communications Services industry. Rignet Inc 's Accounts Receivable average collection period in the Dec 31 2020 quarter, has increased to 108 days, from 105 days, in the Sep 30 2020 quarter.

If we take a look into Services sector 579 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2020 from 3315 to 3627.

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What is Receivable Turnover Ratio?

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RNET Receivables Turnover Ratio	(Dec 31 2020) IV. Quarter	(Sep 30 2020) III. Quarter	(Jun 30 2020) II. Quarter	(Mar 31 2020) I. Quarter	(Dec 31 2019) IV. Quarter
Y / Y Receivable Change	-18.54 %	-5.35 %	3.09 %	-14.28 %	-0.58 %
Y / Y Revenue Change	-26.6 %	-20.12 %	-11.5 %	2.18 %	6.39 %
Receivable Turnover Ratio (TTM)	3.37	3.47	3.62	3.75	3.59
RNET's Total Ranking	# 3627	# 3315	# 860	# 3315	# 860
Accounts Receivable average collection period days	108	105	101	97	102
Seq. Receivable Change	-6.76 %	-16.26 %	10.12 %	-5.26 %	8.34 %
Seq. Revenue Change	-3.44 %	-8.74 %	-9.14 %	-8.32 %	5.09 %

Receivable Turnover Company Ranking
Within:	No.
Communications Services Industry	# 60
Services Sector	# 580
Overall Market	# 3627

Receivable Turnover Ratio Statistics
High	Average	Low
4.87	4.02	3.37
(Dec 31 2012)		(Dec 31 2020)

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

Financial Statements
Rignet Inc 's Accounts Receivable	$ 55 Millions	Visit RNET's Balance sheet
Rignet Inc 's Sales TTM	$ 208 Millions	Visit RNET's Income Statement
Sources of RNET's Revenues		Visit RNET's Sales by Geography

Other Accounts Receivable Turnover Ratios
Communications Services Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
RNET's Receivable Turnover Ratio versus Communications Services Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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RNET's Profitability Ratios	RNET's Roi	RNET's Asset Turnover Ratio	RNET's Dividend Growth
RNET's Valuation Ratios	RNET's Roe	RNET's Financial Strength Ratios	RNET's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2020, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2020	Receivable at quarter ending Dec 31 2020
Mays J W Inc	10.43	$ 19.339 Millions	$ 1.855 Millions
Booking Holdings Inc	10.37	$ 6,796.000 Millions	$ 655.250 Millions
Matson inc	10.34	$ 2,383.300 Millions	$ 230.425 Millions
Dallasnews Corporation	10.34	$ 154.299 Millions	$ 14.925 Millions
World Wrestling Entertainment Inc	10.31	$ 974.207 Millions	$ 94.472 Millions
Ciso Global Inc	10.23	$ 7.241 Millions	$ 0.708 Millions
Atn International inc	10.15	$ 455.444 Millions	$ 44.888 Millions
Echostar Corporation	10.12	$ 1,887.907 Millions	$ 186.559 Millions
Atento S a	10.12	$ 1,412.262 Millions	$ 139.616 Millions
Huahui Education Group Limited	9.96	$ 1.246 Millions	$ 0.125 Millions
Lincoln Educational Services Corporation	9.94	$ 293.095 Millions	$ 29.496 Millions
Dalrada Technology Group Inc	9.87	$ 2.344 Millions	$ 0.238 Millions
Tencent Music Entertainment Group	9.85	$ 4,225.526 Millions	$ 429.119 Millions
Paychex Inc	9.82	$ 3,973.700 Millions	$ 404.825 Millions
Lumen Technologies inc	9.79	$ 20,712.000 Millions	$ 2,115.500 Millions
Global Industrial Company	9.77	$ 1,029.000 Millions	$ 105.375 Millions
Comcast corporation	9.68	$ 103,564.000 Millions	$ 10,700.750 Millions
Restaurant Brands International Limited Partnership	9.65	$ 4,968.000 Millions	$ 514.750 Millions
Restaurant Brands International Inc	9.65	$ 4,968.000 Millions	$ 514.750 Millions
Salem Media Group Inc	9.64	$ 236.239 Millions	$ 24.517 Millions
Evi Industries Inc	9.61	$ 228.507 Millions	$ 23.769 Millions
Mastech Digital Inc	9.60	$ 194.101 Millions	$ 20.216 Millions
Perma Fix Environmental Services Inc	9.54	$ 105.240 Millions	$ 11.033 Millions
I3 Verticals Inc	9.46	$ 153.644 Millions	$ 16.235 Millions
Diamond S Shipping Inc	9.41	$ 595.910 Millions	$ 63.304 Millions
Cleartronic Inc	9.40	$ 1.706 Millions	$ 0.181 Millions
Regional Health Properties Inc	9.39	$ 17.579 Millions	$ 1.872 Millions
Republic Services Inc	9.34	$ 10,153.600 Millions	$ 1,087.575 Millions
Repay Holdings Corporation	9.32	$ 155.036 Millions	$ 16.634 Millions
Firefly Aerospace Inc	9.31	$ 334.355 Millions	$ 35.899 Millions

Date modified: 2026-10-15T05:23:27+00:00

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