Southern Michigan Bancorp Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2012 to a ratio of 1.82, 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 fourth quarter 2012. Average receivable collection period, for the Southern Michigan Bancorp Inc in Dec 31 2012 quarter, has decreased to 201 days, compared to 223 days, in the Sep 30 2012 quarter.

If we take a look into Financial sector 124 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2012 from 0 to 941.

What is Receivable Turnover Ratio?
What is Southern Michigan Bancorp Inc Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

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.

SOMC Receivables Turnover Ratio	(Dec 31 2012) IV. Quarter	(Sep 30 2012) III. Quarter	(Jun 30 2012) II. Quarter	(Mar 31 2012) I. Quarter	(Dec 31 2011) IV. Quarter
Y / Y Receivable Change	288.23 %	142.48 %	127.8 %	118.95 %	-
Y / Y Revenue Change	-	-	-	-	-
Receivable Turnover Ratio (TTM)	1.82	1.64	1.32	0.84	-
SOMC's Total Ranking	# 941	# 0	# 0	# 0	#
Accounts Receivable average collection period days	201	222	276	434	-
Seq. Receivable Change	-2.95 %	6.36 %	-1.29 %	281.02 %	-39.38 %
Seq. Revenue Change	4.59 %	6.59 %	-1.85 %	-	-

Receivable Turnover Company Ranking
Within:	No.
Regional Banks Industry	# 14
Financial Sector	# 125
Overall Market	# 941

Receivable Turnover Ratio Statistics
High	Average	Low
0.04	0.04	0.04
(Dec 31 2012)

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

Financial Statements
Southern Michigan Bancorp Inc's Accounts Receivable	$ 13 Millions	Visit SOMC's Balance sheet
Southern Michigan Bancorp Inc's Sales TTM	$ 23 Millions	Visit SOMC's Income Statement
Sources of SOMC's Revenues		Visit SOMC'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
SOMC'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
SOMC's Growth Rates	SOMC's Roa	SOMC's Inventory Turnover Ratio	SOMC's Dividend Comparisons
SOMC's Profitability Ratios	SOMC's Roi	SOMC's Asset Turnover Ratio	SOMC's Dividend Growth
SOMC's Valuation Ratios	SOMC's Roe	SOMC's Financial Strength Ratios	SOMC's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2012, within Financial Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2012	Receivable at quarter ending Dec 31 2012
Bgc Group Inc	4.97	$ 6,059.500 Millions	$ 1,219.150 Millions
Nb&t Financial Group Inc	4.95	$ 28.364 Millions	$ 5.732 Millions
Progressive Corp	4.94	$ 17,083.900 Millions	$ 3,457.575 Millions
Acadia Realty Trust	4.92	$ 142.304 Millions	$ 28.915 Millions
Sei Investments Company	4.88	$ 992.522 Millions	$ 203.425 Millions
National Security Group Inc.	4.83	$ 64.307 Millions	$ 13.320 Millions
Saul Centers Inc	4.77	$ 190.445 Millions	$ 39.939 Millions
Moody s Corporation	4.77	$ 2,730.300 Millions	$ 572.775 Millions
First Acceptance Corp	4.69	$ 228.059 Millions	$ 48.627 Millions
American International Group Inc	4.47	$ 65,656.000 Millions	$ 14,687.750 Millions
Mayflower Bancorp Inc	4.43	$ 10.239 Millions	$ 2.312 Millions
Jacksonville Bancorp, Inc.	4.41	$ 14.880 Millions	$ 3.371 Millions
Monument Circle Acquisition Corp	4.38	$ 14,016.000 Millions	$ 3,197.500 Millions
Kemper Corporation	4.21	$ 2,462.300 Millions	$ 584.800 Millions
Cornerstone Bancshares Inc	4.20	$ 15.158 Millions	$ 3.609 Millions
First Financial Service Corp	4.11	$ 30.524 Millions	$ 7.433 Millions
African Gold Acquisition Corp	4.10	$ 125.737 Millions	$ 30.653 Millions
Ameriana Bancorp	4.07	$ 18.223 Millions	$ 4.472 Millions
Louisiana Bancorp Inc	4.07	$ 11.852 Millions	$ 2.911 Millions
Kimco Realty Corporation	4.01	$ 938.195 Millions	$ 234.180 Millions
Cape Bancorp, Inc.	3.93	$ 38.833 Millions	$ 9.886 Millions
Weingarten Realty Investors	3.88	$ 503.538 Millions	$ 129.755 Millions
Dun and Bradstreet Holdings Inc	3.84	$ 1,663.000 Millions	$ 433.350 Millions
Invesco Ltd	3.78	$ 4,177.000 Millions	$ 1,105.525 Millions
Aon Plc	3.74	$ 11,514.000 Millions	$ 3,074.750 Millions
Northrim Bancorp Inc	3.74	$ 83.952 Millions	$ 22.439 Millions
Mercury General Corporation	3.70	$ 2,783.370 Millions	$ 751.550 Millions
Beacon Financial Corporation	3.62	$ 10,737.000 Millions	$ 2,969.750 Millions
First Clover Leaf Financial Corp.	3.60	$ 18.604 Millions	$ 5.164 Millions
Figma Inc	3.54	$ 969.869 Millions	$ 274.034 Millions

Date modified: 2026-07-06T17:39:30+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.