Vicinity Motor Corp 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2024 to a ratio of 79.72, above the company average. This is a clear sign of healthy business climate in the EV, Auto & Truck Manufacturers industry and improving liquidity at their respective customers, during the first quarter 2024. Average receivable collection period, for the Vicinity Motor in Mar 31 2024 quarter, has decreased to 5 days, compared to 7 days, in the Dec 31 2023 quarter.

If we take a look into Consumer Discretionary sector 168 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 3759 to 3877.

What is Receivable Turnover Ratio?
What is Vicinity Motor Corp 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.

VEV Receivables Turnover Ratio	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter
Y / Y Receivable Change	-	63.23 %	-	-	-
Y / Y Revenue Change	399.58 %	-72.43 %	328.45 %	-58.98 %	-
Receivable Turnover Ratio (TTM)	79.72	51.24	142.4	120.55	150.96
VEV's Total Ranking	# 3877	# 3759	# 0	# 2974	# 0
Accounts Receivable average collection period days	5	7	3	3	2
Seq. Receivable Change	-	-	-	-	-
Seq. Revenue Change	159.8 %	-21.52 %	34.78 %	81.8 %	-85.66 %

Receivable Turnover Company Ranking
Within:	No.
EV, Auto & Truck Manufacturers Industry	# 24
Consumer Discretionary Sector	# 169
Overall Market	# 3877

Receivable Turnover Ratio Statistics
High	Average	Low
1.84	1.33	0.82
(Dec 31 2022)		(Dec 31 2023)

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

Financial Statements
Vicinity Motor 's Accounts Receivable	$ 0 Millions	Visit VEV's Balance sheet
Vicinity Motor 's Sales TTM	$ 30 Millions	Visit VEV's Income Statement
Sources of VEV's Revenues		Visit VEV's Sales by Geography

Other Accounts Receivable Turnover Ratios
EV, Auto & Truck Manufacturers Industry Accounts Receivable Turnover Trends and Statistics
Consumer Discretionary Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
VEV's Receivable Turnover Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Consumer Discretionary Sector

Receivable Turnover Ratio

Revenues for 12 Months ending Mar 31 2024

Receivable at quarter ending Mar 31 2024

Date modified: 2026-09-02T19:48:24+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.