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Southcoast Financial Corp  (SOCB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Southcoast Financial Accounts Receivables Turnover Ratio from the first quarter 2016 to the first quarter 2014

Quarterly Results, Trends, Rankings, Statistics


Southcoast Financial Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2016 to a ratio of 1.64, above the company average. This is a clear sign of healthy business climate in the Regional Banks industry and improving liquidity at their respective customers, during the first quarter 2016. Average receivable collection period, for the Southcoast Financial in Mar 31 2016 quarter, has decreased to 223 days, compared to 230 days, in the Dec 31 2015 quarter.

If we take a look into Financial sector 375 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 3033, from overall ranking in the forth quarter 2015 at 3608.

What is Receivable Turnover Ratio?
What is Southcoast Financial Corp Selling?


What is Receivable Turnover Ratio?




SOCB Receivables Turnover Ratio (Mar 31 2016)
I. Quarter
(Dec 31 2015)
IV. Quarter
(Dec 31 2014)
IV. Quarter
(Sep 30 2014)
III. Quarter
(Jun 30 2014)
II. Quarter
Y / Y Receivable Change 4.38 % 4.43 % 2.58 % 2.6 % 2.68 %
Y / Y Revenue Change 19.91 % 82.13 % 41.36 % 3.07 % 0.94 %
Receivable Turnover Ratio (TTM) 1.64 1.59 1.35 1.25 1.24
SOCB's Total Ranking # 3033 # 3608 # # #
Average receivable collection period 222 229 271 293 293
Seq. Receivable Change 0.59 % 2.46 % 0.63 % 0.64 % 0.64 %
Seq. Revenue Change -32.8 % 54.42 % 16.53 % -0.83 % 2.06 %


Receivable Turnover Company Ranking
Within: No.
Regional Banks Industry # 47
Financial Sector # 376
Overall Market # 3033

Receivable Turnover Ratio Statistics
High Average Low
0.04 0.04 0.03
(Mar 31 2016)   (Sep 30 2014)






Financial Statements
Southcoast Financial's Accounts Receivable $ 13 Millions Visit SOCB's Balance sheet
Southcoast Financial's Sales TTM $ 22 Millions Visit SOCB's Income Statement
Where are SOCB's Sales coming from? Visit SOCB'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
SOCB's Receivable Turnover Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SOCB's Competitors
Receivables Turnover Ratio for SOCB's Suppliers
Accounts Receivables Turnover Ratio for SOCB's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2016, within Financial Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2016 Receivable at quarter ending Mar 31 2016
Magyar Bancorp Inc   4.43 $ 16.930  Millions$ 3.825  Millions
City Office Reit Inc   4.41 $ 60.067  Millions$ 13.624  Millions
Avantax Inc   4.37 $ 108.647  Millions$ 24.878  Millions
Ditech Holding Corporation  4.35 $ 1,030.173  Millions$ 237.060  Millions
Saul Centers Inc   4.33 $ 213.915  Millions$ 49.399  Millions
Moody s Corporation  4.33 $ 3,435.000  Millions$ 793.975  Millions
Macatawa Bank Corp  4.31 $ 65.872  Millions$ 15.299  Millions
Legacytexas Financial Group Inc   4.30 $ 269.921  Millions$ 62.710  Millions
Camden National Corp  4.30 $ 122.478  Millions$ 28.516  Millions
Orchid Island Capital Inc   4.28 $ 36.174  Millions$ 8.449  Millions
Invesco Ltd   4.25 $ 5,122.900  Millions$ 1,204.575  Millions
Monument Circle Acquisition Corp   4.23 $ 13,685.000  Millions$ 3,236.750  Millions
Oritani Financial Corp   4.23 $ 146.537  Millions$ 34.681  Millions
Cordia Bancorp Inc  4.20 $ 8.456  Millions$ 2.015  Millions
Royal Bancshares Of Pennsylvania Inc  4.18 $ 28.639  Millions$ 6.846  Millions
Midsouth Bancorp Inc  4.17 $ 84.584  Millions$ 20.276  Millions
Centerstate Bank Corporation  4.16 $ 198.458  Millions$ 47.666  Millions
First Community Bankshares Inc  4.15 $ 113.344  Millions$ 27.334  Millions
Impac Mortgage Holdings inc   4.13 $ 179.913  Millions$ 43.549  Millions
Bankwell Financial Group Inc   4.12 $ 44.706  Millions$ 10.849  Millions
First Busey Corporation  4.12 $ 176.660  Millions$ 42.880  Millions
Fox Chase Bancorp Inc  4.08 $ 38.238  Millions$ 9.369  Millions
First Commonwealth Financial Corp  4.00 $ 230.645  Millions$ 57.718  Millions
Kingsway Financial Services Inc  3.97 $ 151.313  Millions$ 38.105  Millions
Oceanfirst Financial Corp   3.95 $ 93.608  Millions$ 23.689  Millions
Progressive Corp  3.95 $ 21,516.000  Millions$ 5,445.700  Millions
Primis Financial Corp   3.93 $ 38.014  Millions$ 9.663  Millions
Pathward Financial Inc   3.90 $ 153.338  Millions$ 39.273  Millions
Kentucky Bancshares Inc  3.89 $ 40.817  Millions$ 10.504  Millions
First Clover Leaf Financial Corp.  3.82 $ 19.819  Millions$ 5.186  Millions

Date modified: 2023-03-21T21:48:21+00:00



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