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Sun Communities Inc  (SUI)
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Sun Communities Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Sun Communities Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2024 to a ratio of 5.28, above the company average. This is a clear sign of healthy business climate in the Real Estate Investment Trusts industry and improving liquidity at their respective customers, during the first quarter 2024. Average receivable collection period, for the Sun Communities Inc in Mar 31 2024 quarter, has decreased to 69 days, compared to 77 days, in the Dec 31 2023 quarter.

If we take a look into Financial sector 168 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2051, from overall ranking in the forth quarter 2023 at 2572.

What is Receivable Turnover Ratio?
What is Sun Communities Inc Selling?


What is Receivable Turnover Ratio?




SUI 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 -34.55 % -31.7 % 62.86 % 44.07 % 39.54 %
Y / Y Revenue Change 3.09 % 7.77 % 5.43 % 6.04 % 18.72 %
Receivable Turnover Ratio (TTM) 5.28 4.77 4.38 4.84 5.22
SUI's Total Ranking # 2051 # 2572 # 2974 # 2892 # 3026
Average receivable collection period 69 77 83 75 70
Seq. Receivable Change 11.27 % -49.34 % 13.49 % 2.32 % 16.1 %
Seq. Revenue Change -7.62 % -26.09 % 13.86 % 32.6 % -3.43 %


Receivable Turnover Company Ranking
Within: No.
Real Estate Investment Trusts Industry # 26
Financial Sector # 169
Overall Market # 2051

Receivable Turnover Ratio Statistics
High Average Low
0.21 0.17 0.15
(June 30. 2014)   (Dec 31 2016)






Financial Statements
Sun Communities Inc's Accounts Receivable $ 469 Millions Visit SUI's Balance sheet
Sun Communities Inc's Sales TTM $ 3,245 Millions Visit SUI's Income Statement
Where are SUI's Sales coming from? Visit SUI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Real Estate Investment Trusts Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SUI's Receivable Turnover Ratio versus Real Estate Investment Trusts Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SUI's Competitors
Receivables Turnover Ratio for SUI's Suppliers
Accounts Receivables Turnover Ratio for SUI's Customers

You may also want to know
SUI's Growth Rates SUI's Roa SUI's Inventory Turnover Ratio SUI's Dividend Comparisons
SUI's Profitability Ratios SUI's Roi SUI's Asset Turnover Ratio SUI's Dividend Growth
SUI's Valuation Ratios SUI's Roe SUI's Financial Strength Ratios SUI'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
Terra Property Trust Inc   18.71 $ 67.904  Millions$ 3.629  Millions
The Marygold Companies Inc   18.36 $ 33.455  Millions$ 1.822  Millions
Global Medical Reit inc   18.26 $ 139.937  Millions$ 7.662  Millions
Riot Platforms Inc   17.71 $ 286.738  Millions$ 16.189  Millions
Essent Group Ltd   17.50 $ 1,151.870  Millions$ 65.806  Millions
Franklin Financial Services Corporation  17.25 $ 67.520  Millions$ 3.915  Millions
Sba Communications Corporation  17.16 $ 2,693.930  Millions$ 156.979  Millions
Robinhood Markets Inc   17.16 $ 2,042.000  Millions$ 119.000  Millions
Braemar Hotels and Resorts Inc   17.03 $ 743.455  Millions$ 43.663  Millions
Digitalbridge Group Inc   16.88 $ 1,326.406  Millions$ 78.581  Millions
Boston Properties Inc   16.83 $ 3,309.808  Millions$ 196.709  Millions
Sl green Realty corp  16.81 $ 878.017  Millions$ 52.239  Millions
German American Bancorp Inc   16.64 $ 245.184  Millions$ 14.734  Millions
Binah Capital Group inc   16.44 $ 41.449  Millions$ 2.522  Millions
Alignment Healthcare Inc   16.39 $ 1,986.844  Millions$ 121.199  Millions
American Tower Corporation  16.37 $ 11,211.100  Millions$ 684.950  Millions
Forge Global Holdings Inc   16.19 $ 73.584  Millions$ 4.544  Millions
Usio Inc   16.10 $ 83.926  Millions$ 5.213  Millions
Selectis Health Inc   15.98 $ 37.072  Millions$ 2.320  Millions
Elme Communities  15.05 $ 231.615  Millions$ 15.394  Millions
Berkshire Hills Bancorp inc   15.01 $ 353.231  Millions$ 23.537  Millions
Investors Title Co  14.93 $ 226.866  Millions$ 15.196  Millions
Chimera Investment Corporation  14.66 $ 1,107.666  Millions$ 75.551  Millions
Crown Castle Inc   14.66 $ 6,849.000  Millions$ 467.250  Millions
Rli Corp  14.36 $ 1,591.902  Millions$ 110.876  Millions
New Peoples Bankshares Inc   14.10 $ 37.699  Millions$ 2.675  Millions
Jbg Smith Properties  13.76 $ 596.420  Millions$ 43.349  Millions
Guild Holdings Company  13.65 $ 730.646  Millions$ 53.510  Millions
Citizens Inc   13.45 $ 242.478  Millions$ 18.032  Millions
Consumer Portfolio Services Inc   13.42 $ 360.658  Millions$ 26.873  Millions

Date modified: 2024-05-03T15:50:18+00:00



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