Virgin America Inc.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2016 to a ratio of 53.7, this is below the company average, and notable indication of worsening business environment. Average collection period, for Virgin America's accounts receivable remained unchanged at 7 days, in the Sep 30 2016 quarter.

If we take a look into Transportation sector 3 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2016 from 249 to 269.

What is Receivable Turnover Ratio?
What is Virgin America Inc. Selling?

What is Receivable Turnover Ratio?

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VA Receivables Turnover Ratio	(Sep 30 2016) III. Quarter	(Jun 30 2016) II. Quarter	(Mar 31 2016) I. Quarter	(Dec 31 2015) IV. Quarter	(Sep 30 2015) III. Quarter
Y / Y Receivable Change	-13.24 %	16.59 %	125.13 %	-62.97 %	-
Y / Y Revenue Change	8.35 %	6.2 %	11.54 %	5.18 %	1.32 %
Receivable Turnover Ratio (TTM)	53.7	50.22	51.46	57.94	43.51
VA's Total Ranking	# 269	# 249	# 255	# 249	# 0
Accounts Receivable average collection period days	7	7	7	6	8
Seq. Receivable Change	5.73 %	20.69 %	49.14 %	-54.41 %	42.09 %
Seq. Revenue Change	4.57 %	16.95 %	-7.01 %	-4.73 %	2.49 %

Receivable Turnover Company Ranking
Within:	No.
Airline Industry	# 3
Transportation Sector	# 4
Overall Market	# 269

Receivable Turnover Ratio Statistics
High	Average	Low
100.76	62.82	50.22
(Mar 31 2015)		(Jun 30 2016)

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

Financial Statements
Virgin America's Accounts Receivable	$ 37 Millions	Visit VA's Balance sheet
Virgin America's Sales TTM	$ 1,626 Millions	Visit VA's Income Statement
Sources of VA's Revenues		Visit VA's Sales by Geography

Other Accounts Receivable Turnover Ratios
Airline Industry Accounts Receivable Turnover Trends and Statistics
Transportation Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
VA's Receivable Turnover Ratio versus Airline Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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VA's Growth Rates	VA's Roa	VA's Inventory Turnover Ratio	VA's Dividend Comparisons
VA's Profitability Ratios	VA's Roi	VA's Asset Turnover Ratio	VA's Dividend Growth
VA's Valuation Ratios	VA's Roe	VA's Financial Strength Ratios	VA's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2016, within Transportation Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2016	Receivable at quarter ending Sep 30 2016
Jetblue Airways Corp	90.98	$ 13,170.000 Millions	$ 144.750 Millions
Spirit Aviation Holdings Inc	65.95	$ 2,263.451 Millions	$ 34.319 Millions
Virgin America Inc.	53.70	$ 1,626.385 Millions	$ 30.285 Millions
Skywest Inc	46.88	$ 3,115.933 Millions	$ 66.467 Millions
Usa Truck inc.	37.94	$ 443.948 Millions	$ 11.700 Millions
Air T Inc	37.19	$ 150.216 Millions	$ 4.039 Millions
Southwest Airlines Co	34.49	$ 20,326.000 Millions	$ 589.250 Millions
Hawaiian Holdings inc	28.11	$ 2,391.761 Millions	$ 85.075 Millions
United Airlines Holdings Inc	25.91	$ 36,540.000 Millions	$ 1,410.000 Millions
Alaska Air Group Inc	24.80	$ 5,784.000 Millions	$ 233.250 Millions
Polaris Inc	24.49	$ 4,404.458 Millions	$ 179.879 Millions
Allegiant Travel Co	24.20	$ 1,337.836 Millions	$ 55.275 Millions
Freightcar America Inc	22.57	$ 591.507 Millions	$ 26.213 Millions
Eneti Inc	21.15	$ 135.795 Millions	$ 6.421 Millions
Gener8 Maritime, Inc.	19.91	$ 965.929 Millions	$ 48.504 Millions
American Airlines Group Inc	19.64	$ 40,022.000 Millions	$ 2,038.000 Millions
American Railcar Industries, Inc.	19.26	$ 732.521 Millions	$ 38.039 Millions
Delta Air Lines Inc	19.13	$ 39,683.000 Millions	$ 2,074.250 Millions
Seanergy Maritime Holdings Corp	17.16	$ 24.696 Millions	$ 1.439 Millions
Eagle Bulk Shipping Inc	16.56	$ 108.398 Millions	$ 6.547 Millions
Patriot Transportation Holding Inc	15.24	$ 120.172 Millions	$ 7.887 Millions
Phi Inc	14.76	$ 675.996 Millions	$ 45.808 Millions
Union Pacific Corp	14.71	$ 19,981.000 Millions	$ 1,358.750 Millions
Pangaea Logistics Solutions Ltd	14.58	$ 227.610 Millions	$ 15.613 Millions
Republic Airways Holdings Inc	14.38	$ 1,236.300 Millions	$ 85.975 Millions
Usd Partners Lp	14.22	$ 108.641 Millions	$ 7.639 Millions
Genco Shipping and Trading Limited	13.71	$ 126.657 Millions	$ 9.240 Millions
Kansas City Southern	13.00	$ 2,333.700 Millions	$ 179.475 Millions
Trinity Industries Inc	12.93	$ 5,031.500 Millions	$ 389.100 Millions
Air Transport Services Group Inc	12.48	$ 728.776 Millions	$ 58.412 Millions

Date modified: 2026-06-22T14:32:01+00:00

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