Smg Industries Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2023 to a ratio of 6.4, above the company average. This is a clear sign of healthy business climate in the Personal Services industry and improving liquidity at their respective customers, during the second quarter 2023. Average receivable collection period, for the Smg Industries Inc in Jun 30 2023 quarter, has decreased to 57 days, compared to 58 days, in the Mar 31 2023 quarter.

If we take a look into Services sector 17 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 63, from overall ranking in the first quarter 2023 at 2256.

What is Receivable Turnover Ratio?
What is Smg Industries Inc Selling?

What is Receivable Turnover Ratio?

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SMGI Receivables Turnover Ratio	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter
Y / Y Receivable Change	12.69 %	-0.06 %	4.12 %	25.62 %	85.46 %
Y / Y Revenue Change	20.53 %	28.98 %	-0.36 %	57.9 %	137.78 %
Receivable Turnover Ratio (TTM)	6.4	6.29	5.9	5.97	5.65
SMGI's Total Ranking	# 63	# 2256	# 1623	# 2121	# 2255
Accounts Receivable average collection period days	57	58	62	61	65
Seq. Receivable Change	5.2 %	3.12 %	4.54 %	-0.63 %	-6.71 %
Seq. Revenue Change	4.4 %	19.72 %	-9.82 %	6.94 %	11.72 %

Receivable Turnover Company Ranking
Within:	No.
Personal Services Industry	# 2
Services Sector	# 18
Overall Market	# 63

Receivable Turnover Ratio Statistics
High	Average	Low
4.01	1.8	0.72
(Jun 30 2018)		(Mar 31 2020)

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

Financial Statements
Smg Industries Inc 's Accounts Receivable	$ 13 Millions	Visit SMGI's Balance sheet
Smg Industries Inc 's Sales TTM	$ 79 Millions	Visit SMGI's Income Statement
Sources of SMGI's Revenues		Visit SMGI's Sales by Geography

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

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

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2023, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2023	Receivable at quarter ending Jun 30 2023
Playa Hotels and Resorts N v	16.42	$ 937.264 Millions	$ 57.081 Millions
Cinemark Holdings Inc	16.34	$ 2,777.900 Millions	$ 170.000 Millions
Divall Insured Income Properties 2 Limited Partnership	16.29	$ 1.562 Millions	$ 0.096 Millions
The Wendy s Company	16.06	$ 2,159.451 Millions	$ 134.452 Millions
Xwell inc	16.04	$ 32.547 Millions	$ 2.029 Millions
Astrana Health Inc	16.01	$ 1,296.661 Millions	$ 80.970 Millions
Nuvera Communications Inc	15.87	$ 65.447 Millions	$ 4.123 Millions
American Public Education Inc	15.62	$ 598.876 Millions	$ 38.333 Millions
Vivid Seats Inc	15.27	$ 648.251 Millions	$ 42.464 Millions
Liberty Media Corporation	15.24	$ 12,137.000 Millions	$ 796.500 Millions
Remsleep Holdings Inc	14.84	$ 0.345 Millions	$ 0.023 Millions
Visa Inc	14.80	$ 31,942.000 Millions	$ 2,158.500 Millions
Troika Media Group Inc	14.61	$ 322.919 Millions	$ 22.106 Millions
Surgepays Inc	14.54	$ 143.061 Millions	$ 9.839 Millions
Rollins Inc	14.44	$ 2,869.859 Millions	$ 198.748 Millions
Adt Inc	14.38	$ 8,474.959 Millions	$ 589.230 Millions
Vivakor Inc	14.38	$ 57.243 Millions	$ 3.981 Millions
Zoned Properties Inc	14.34	$ 2.683 Millions	$ 0.187 Millions
Biglari Holdings Inc	14.28	$ 374.208 Millions	$ 26.207 Millions
Hammer Technology Holdings Corp	14.28	$ 3.257 Millions	$ 0.228 Millions
Payoneer Global Inc	14.21	$ 741.223 Millions	$ 52.153 Millions
Avis Budget Group Inc	14.21	$ 11,998.000 Millions	$ 844.250 Millions
Strategic Education Inc	13.97	$ 1,077.347 Millions	$ 77.145 Millions
Wideopenwest Inc	13.94	$ 699.000 Millions	$ 50.150 Millions
Kennedy wilson Holdings Inc	13.92	$ 557.900 Millions	$ 40.075 Millions
Accolade Inc	13.76	$ 370.840 Millions	$ 26.947 Millions
Fat Brands Inc	13.76	$ 419.491 Millions	$ 30.486 Millions
Boston Omaha Corp	13.68	$ 91.078 Millions	$ 6.660 Millions
Konatel Inc	13.66	$ 19.306 Millions	$ 1.413 Millions
Covista inc	13.58	$ 1,450.826 Millions	$ 106.858 Millions

Date modified: 2026-08-29T17:25:12+00:00

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