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• Sales per Employee
• Income per Employee
• Inventory to Sales
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Vecta Inc   (SNNY)
Other Ticker:  
 
    Sector • Financial    Industry • S&Ls Savings Banks
   Industry • S&Ls Savings Banks
   Sector • Financial
 

Vecta Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Vecta Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 7.18, above the company average. This is a clear sign of healthy business climate in the S&Ls Savings Banks industry and improving liquidity at their respective customers, during the third quarter 2023. Average receivable collection period, for the Vecta Inc in Sep 30 2023 quarter, has decreased to 51 days, compared to 59 days, in the Jun 30 2023 quarter.

If we take a look into Financial sector 764 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 3855 to 4667.

What is Receivable Turnover Ratio?
What is Vecta Inc Selling?


What is Receivable Turnover Ratio?




SNNY Receivables Turnover Ratio (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter		 (Dec 31 2022)
IV. Quarter		 (Mar 31 2022)
I. Quarter
Y / Y Receivable Change 1.12 % -4.79 % -4.28 % -17.7 % -15.88 %
Y / Y Revenue Change 67.02 % 63.11 % 50.37 % -64.83 % 7.91 %
Receivable Turnover Ratio (TTM) 7.18 6.23 5.35 4.57 5.17
SNNY's Total Ranking # 4667 # 3855 # 3857 # 3857 #
Average receivable collection period 51 59 68 80 71
Seq. Receivable Change 6.96 % -7.76 % 7.34 % -4.51 % 0.7 %
Seq. Revenue Change 14.95 % -4.78 % 360.47 % -66.86 % 12.27 %

New: More SNNY's historic Receivables Turnover Ratios >>

Receivable Turnover Company Ranking
Within: No.
S&Ls Savings Banks Industry # 29
Financial Sector # 765
Overall Market # 4667

Receivable Turnover Ratio Statistics
High Average Low
0.03 0.03 0.02
(Sep 30 2023)   (Sep 30 2020)





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

Financial Statements
Vecta Inc 's Accounts Receivable $ 0 Millions Visit SNNY's Balance sheet
Vecta Inc 's Sales TTM $ 3 Millions Visit SNNY's Income Statement
Sources of SNNY's Revenues Visit SNNY's Sales by Geography

Other Accounts Receivable Turnover Ratios
S&Ls Savings Banks Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SNNY's Receivable Turnover Ratio versus S&Ls Savings Banks Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Global Medical Reit inc   18.31 $ 144.393  Millions$ 7.888  Millions
Sphere 3d Corp   18.26 $ 20.293  Millions$ 1.112  Millions
Bxp Inc   18.05 $ 3,234.460  Millions$ 179.215  Millions
Forge Global Holdings Inc   17.57 $ 67.583  Millions$ 3.847  Millions
Braemar Hotels and Resorts Inc   17.43 $ 735.068  Millions$ 42.161  Millions
Weyerhaeuser Company  17.09 $ 7,723.000  Millions$ 452.000  Millions
German American Bancorp Inc   16.94 $ 252.492  Millions$ 14.903  Millions
Nexpoint Residential Trust Inc   16.88 $ 277.983  Millions$ 16.472  Millions
Invesco Db Us Dollar Index Bearish Fund  16.82 $ 5.505  Millions$ 0.327  Millions
Essent Group Ltd   16.70 $ 1,042.519  Millions$ 62.426  Millions
Alignment Healthcare Inc   16.67 $ 1,720.054  Millions$ 103.154  Millions
Usio Inc   16.52 $ 82.665  Millions$ 5.004  Millions
Chimera Investment Corporation  16.51 $ 1,150.803  Millions$ 69.722  Millions
Udr Inc   16.43 $ 1,613.884  Millions$ 98.232  Millions
Hennessy Advisors Inc  16.36 $ 21.498  Millions$ 1.314  Millions
Stronghold Digital Mining Inc   16.35 $ 76.501  Millions$ 4.680  Millions
Pacwest Bancorp  15.94 $ 860.790  Millions$ 53.985  Millions
Sba Communications Corporation  15.87 $ 2,722.654  Millions$ 171.537  Millions
American Tower Corporation  15.83 $ 11,062.500  Millions$ 698.850  Millions
Esquire Financial Holdings inc   15.56 $ 105.335  Millions$ 6.771  Millions
Capital Bancorp Inc  15.40 $ 157.279  Millions$ 10.215  Millions
Berkshire Hills Bancorp inc   15.26 $ 449.537  Millions$ 29.468  Millions
Paccar Financial Corp  15.07 $ 32,358.100  Millions$ 2,147.225  Millions
New Peoples Bankshares Inc   14.95 $ 38.134  Millions$ 2.551  Millions
Conifer Holdings Inc   14.91 $ 106.122  Millions$ 7.116  Millions
Embassy Bancorp Inc   14.91 $ 44.939  Millions$ 3.015  Millions
Berkshire Hathaway Inc  14.88 $ 349,271.000  Millions$ 23,472.750  Millions
Evans Bancorp Inc   14.67 $ 84.648  Millions$ 5.772  Millions
Cullman Bancorp Inc   14.67 $ 16.997  Millions$ 1.159  Millions
Value Line Inc   14.63 $ 39.862  Millions$ 2.724  Millions

Date modified: 2024-02-17T22:38:28+00:00



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