1 Summit Financial Group Inc Receivables Turnover Ratio (SMMF), from the first quarter 2024 to the first quarter 2023 current and historic results, rankings and more - CSIMarket
CSIMarket Company Name, Ticker, Customers, else..
 


• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Summit Financial Group Inc   (NASDAQ: SMMF)
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial
 

Summit Financial Group Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Accounts Receivable turnover ratio remained unchanged during the first quarter 2024, compared to the previous quarter at 0.05 pointing to a challenging and on top of that deteriorating business climate for the Regional Banks industry. Average collection period, for Summit Financial Group Inc 's accounts receivable remained unchanged at 7300 days, in the Mar 31 2024 quarter.

If we take a look into Financial sector 685 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 3645 to 3993.

What is Receivable Turnover Ratio?
What is Summit Financial Group Inc Selling?


What is Receivable Turnover Ratio?




Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.

SMMF Receivables Turnover Ratio (Mar 31 2024)
I. Quarter		 (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter
Y / Y Receivable Change 19.24 % 19.37 % 26721.37 % 29634.44 % 27654.48 %
Y / Y Revenue Change 21.38 % 19.56 % 20.77 % 14.98 % 15.32 %
Receivable Turnover Ratio (TTM) 0.05 0.05 0.05 0.06 0.09
SMMF's Total Ranking # 3993 # 3645 # 3501 # 3111 # 3479
Accounts Receivable average collection period days 7558 7596 7610 5853 3853
Seq. Receivable Change 0.39 % 2.3 % 1.28 % 14.64 % 0.5 %
Seq. Revenue Change -0.21 % -0.42 % 20.01 % 1.78 % -1.71 %


Receivable Turnover Company Ranking
Within: No.
Regional Banks Industry # 143
Financial Sector # 686
Overall Market # 3993

Receivable Turnover Ratio Statistics
High Average Low
12.11 8.91 0.05
(Mar 31 2022)   (Dec 31 2023)





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

Financial Statements
Summit Financial Group Inc 's Accounts Receivable $ 3,648 Millions Visit SMMF's Balance sheet
Summit Financial Group Inc 's Sales TTM $ 173 Millions Visit SMMF's Income Statement
Sources of SMMF's Revenues Visit SMMF's Sales by Geography

Other Accounts Receivable Turnover Ratios
Regional Banks Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SMMF's Receivable Turnover Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
SMMF's Growth Rates SMMF's Roa SMMF's Inventory Turnover Ratio SMMF's Dividend Comparisons
SMMF's Profitability Ratios SMMF's Roi SMMF's Asset Turnover Ratio SMMF's Dividend Growth
SMMF's Valuation Ratios SMMF's Roe SMMF's Financial Strength Ratios SMMF's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Receivable at quarter ending Mar 31 2024
Nexpoint Real Estate Finance Inc   0.09 $ 24.532  Millions$ 260.388  Millions

Date modified: 2026-09-12T06:19:04+00:00



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.