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Sfl Corporation Ltd (NYSE: SFL) |
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Sfl Ltd Accounts Receivables Turnover Ratio from the forth quarter 2024 to the forth quarter 2023
Quarterly Results, Trends, Rankings, Statistics
Sfl Corporation Ltd 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2024 to a ratio of 21.52, 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 forth quarter 2024. Average receivable collection period, for the Sfl Ltd in Dec 31 2024 quarter, has decreased to 17 days, compared to 21 days, in the 0 quarter.
If we take a look into Transportation sector 13 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 386, from overall ranking in the third quarter 2024 at 805.
What is Receivable Turnover Ratio?
What is Sfl Corporation Ltd Selling?
What is Receivable Turnover Ratio?
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Select the Comparisons :
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Select the Ratio:
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Accounts Receivables Turnover▼
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Accounts Receivables Turnover▼
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| SFL Receivables Turnover Ratio |
(Dec 31 2024)
IV. Quarter |
0
III. Quarter |
0
II. Quarter |
0
I. Quarter |
(Dec 31 2023)
IV. Quarter |
| Y / Y Receivable Change |
-6.04 % |
-6.04 % |
-6.04 % |
-6.04 % |
83.32 % |
| Y / Y Revenue Change |
20.22 % |
- |
- |
- |
12.22 % |
| Receivable Turnover Ratio (TTM) |
21.52 |
17.62 |
17.34 |
17.08 |
16.82 |
| SFL's Total
Ranking |
# 386 |
# 805 |
# |
# |
# |
| Average receivable collection period |
17 |
21 |
21 |
21 |
22 |
| Seq. Receivable Change |
0 % |
0 % |
0 % |
-6.04 % |
0 % |
| Seq. Revenue Change |
- |
- |
- |
- |
- |
| Receivable
Turnover Ratio Statistics |
| High |
Average |
Low |
| 32.75 |
19.63 |
8.52 |
| (Dec 31 2020) |
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(Dec 31 2015) |
| Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Transportation Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Dec 31 2024 | Receivable at quarter ending Dec 31 2024 | | Global Ship Lease Inc | 55.37 | $ 711.055 Millions | $ 12.843 Millions | | Jet ai Inc | 52.20 | $ 13.035 Millions | $ 0.250 Millions | | Safe Bulkers Inc | 47.08 | $ 628.312 Millions | $ 13.346 Millions | | Flyexclusive Inc | 44.64 | $ 327.274 Millions | $ 7.331 Millions | | Frontier Group Holdings Inc | 36.56 | $ 3,775.000 Millions | $ 103.250 Millions | | Allegiant Travel Co | 36.20 | $ 2,563.812 Millions | $ 70.833 Millions | | Diana Shipping Inc | 34.76 | $ 228.209 Millions | $ 6.565 Millions | | Skywest Inc | 33.39 | $ 3,527.920 Millions | $ 105.658 Millions | | Polaris Inc | 28.13 | $ 7,174.800 Millions | $ 255.050 Millions | | Jetblue Airways Corp | 27.95 | $ 9,279.000 Millions | $ 332.000 Millions | | Sun Country Airlines Holdings Inc | 27.71 | $ 1,075.739 Millions | $ 38.816 Millions | | American Airlines Group Inc | 27.23 | $ 54,211.000 Millions | $ 1,990.750 Millions | | Surf Air Mobility Inc | 26.82 | $ 119.425 Millions | $ 4.454 Millions | | United Airlines Holdings Inc | 25.82 | $ 57,063.000 Millions | $ 2,210.000 Millions | | Alaska Air Group Inc | 25.76 | $ 11,735.000 Millions | $ 455.500 Millions | | Spirit Airlines Inc | 23.45 | $ 4,913.421 Millions | $ 209.538 Millions | | Southwest Airlines Co | 22.04 | $ 27,483.000 Millions | $ 1,246.750 Millions | | Sfl Corporation Ltd | 21.52 | $ 904.404 Millions | $ 42.022 Millions | | Wheels Up Experience Inc | 20.96 | $ 792.104 Millions | $ 37.790 Millions | | Navios Maritime Partners L p | 19.05 | $ 1,334.066 Millions | $ 70.019 Millions | | Genco Shipping and Trading Limited | 18.12 | $ 423.016 Millions | $ 23.342 Millions | | Delta Air Lines Inc | 17.20 | $ 61,643.000 Millions | $ 3,583.500 Millions | | Star Bulk Carriers Corp | 15.95 | $ 1,265.458 Millions | $ 79.340 Millions | | Teekay Corporation Ltd | 14.65 | $ 1,220.374 Millions | $ 83.317 Millions | | Danaos Corporation | 12.98 | $ 1,014.110 Millions | $ 78.150 Millions | | Navigator Holdings Ltd | 12.27 | $ 566.679 Millions | $ 46.202 Millions | | J b Hunt Transport Services Inc | 11.95 | $ 12,087.204 Millions | $ 1,011.119 Millions | | Air T Inc | 11.80 | $ 298.214 Millions | $ 25.273 Millions | | Csx Corporation | 10.44 | $ 14,540.000 Millions | $ 1,392.250 Millions | | Blade Air Mobility Inc | 10.22 | $ 248.693 Millions | $ 24.336 Millions |
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