Accounts Receivable turnover ratio remained unchanged during the third quarter 2023, compared to the previous quarter at 8.34 indicating more challenging environment then in the second quarter 2023, but still, it is a far cry from any concerns. Average collection period, for Salem Media Group Inc 's accounts receivable remained unchanged at 44 days, in the Sep 30 2023 quarter.

If we take a look into Services sector 272 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1561, from overall ranking in the second quarter 2023 at 1991.

What is Receivable Turnover Ratio?
What is Salem Media Group Inc Selling?

What is Receivable Turnover Ratio?

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SALM Receivables Turnover Ratio	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter
Y / Y Receivable Change	-5.01 %	-1.84 %	0.85 %	20.46 %	26.15 %
Y / Y Revenue Change	-5.03 %	-4.23 %	1.41 %	-0.46 %	1.33 %
Receivable Turnover Ratio (TTM)	8.34	8.34	8.39	8.38	8.77
SALM's Total Ranking	# 1561	# 1991	# 1271	# 1770	# 1141
Accounts Receivable average collection period days	44	44	43	44	42
Seq. Receivable Change	-0.72 %	3.68 %	-7.02 %	-0.76 %	2.6 %
Seq. Revenue Change	-3.46 %	3.6 %	-7.74 %	2.92 %	-2.65 %

Receivable Turnover Company Ranking
Within:	No.
Broadcasting Media & Cable TV Industry	# 16
Services Sector	# 273
Overall Market	# 1561

Receivable Turnover Ratio Statistics
High	Average	Low
10.02	7.82	6.3
(Dec 31 2021)		(Dec 31 2013)

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

Financial Statements
Salem Media Group Inc 's Accounts Receivable	$ 31 Millions	Visit SALM's Balance sheet
Salem Media Group Inc 's Sales TTM	$ 262 Millions	Visit SALM's Income Statement
Sources of SALM's Revenues		Visit SALM's Sales by Geography

Other Accounts Receivable Turnover Ratios
Broadcasting Media & Cable TV Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SALM's Receivable Turnover Ratio versus Broadcasting Media & Cable TV Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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SALM's Growth Rates	SALM's Roa	SALM's Inventory Turnover Ratio	SALM's Dividend Comparisons
SALM's Profitability Ratios	SALM's Roi	SALM's Asset Turnover Ratio	SALM's Dividend Growth
SALM's Valuation Ratios	SALM's Roe	SALM's Financial Strength Ratios	SALM's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2023	Receivable at quarter ending Sep 30 2023
Nerdy Inc	22.88	$ 179.269 Millions	$ 7.835 Millions
Six Flags Entertainment Corporation	22.78	$ 1,793.539 Millions	$ 78.736 Millions
Gaia Inc	22.53	$ 78.303 Millions	$ 3.476 Millions
Denny s Corporation	22.24	$ 469.418 Millions	$ 21.109 Millions
United Parks and Resorts Inc	22.21	$ 1,728.142 Millions	$ 77.795 Millions
Video River Networks, Inc.	21.57	$ 2.298 Millions	$ 0.107 Millions
Soho House and Co Inc	21.56	$ 1,115.479 Millions	$ 51.728 Millions
Faze Holdings Inc	21.10	$ 89.496 Millions	$ 4.241 Millions
Luxurban Hotels Inc	21.10	$ 98.833 Millions	$ 4.683 Millions
Caesars Entertainment inc	20.62	$ 11,524.000 Millions	$ 558.750 Millions
Doordash Inc	20.61	$ 8,150.000 Millions	$ 395.500 Millions
Papa John s International Inc	20.57	$ 2,090.625 Millions	$ 101.621 Millions
Quotemedia Inc	20.54	$ 18.800 Millions	$ 0.915 Millions
Planet Fitness inc	20.53	$ 1,067.507 Millions	$ 52.003 Millions
Six Flags Entertainment Corporation	20.27	$ 1,413.228 Millions	$ 69.705 Millions
Jack In The Box Inc	20.14	$ 1,692.306 Millions	$ 84.025 Millions
Universal Technical Institute Inc	19.97	$ 607.408 Millions	$ 30.410 Millions
Park Hotels and Resorts Inc	19.97	$ 2,706.000 Millions	$ 135.500 Millions
Creatd Inc	19.93	$ 2.922 Millions	$ 0.147 Millions
Waitr Holdings Inc	19.92	$ 62.584 Millions	$ 3.142 Millions
Zoned Properties Inc	19.87	$ 2.789 Millions	$ 0.140 Millions
Playa Hotels and Resorts N v	19.59	$ 945.787 Millions	$ 48.269 Millions
Cco Holdings Llc	19.29	$ 54,570.000 Millions	$ 2,829.250 Millions
Comstock Holding Companies Inc	19.26	$ 43.007 Millions	$ 2.233 Millions
Onespaworld Holdings Limited	19.20	$ 768.161 Millions	$ 40.017 Millions
Butler National Corp	19.02	$ 77.339 Millions	$ 4.067 Millions
Gatx Corporation	19.00	$ 1,364.900 Millions	$ 71.850 Millions
Vivakor Inc	18.90	$ 61.790 Millions	$ 3.269 Millions
Charter Communications Inc	18.87	$ 54,570.000 Millions	$ 2,892.000 Millions
Cinemark Holdings Inc	18.69	$ 2,998.600 Millions	$ 160.475 Millions

Date modified: 2026-06-22T16:30:32+00:00

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