Vector Group Ltd's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 54.03, above the company average. This is a clear sign of healthy business climate in the Tobacco industry and improving liquidity at their respective customers, during the second quarter 2024. Average collection period, for Vector Group Ltd's accounts receivable remained unchanged at 7 days, in the Jun 30 2024 quarter.

If we take a look into Consumer Non Cyclical sector 5 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 272, from overall ranking in the first quarter 2024 at 422.

What is Receivable Turnover Ratio?
What is Vector Group Ltd Selling?

What is Receivable Turnover Ratio?

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VGR Receivables Turnover Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Receivable Change	-14.09 %	-20.98 %	-35 %	-7.79 %	16.04 %
Y / Y Revenue Change	1.71 %	-2.87 %	-0.94 %	-3.67 %	-5.56 %
Receivable Turnover Ratio (TTM)	54.03	51.41	48.92	43.69	43.42
VGR's Total Ranking	# 272	# 422	# 270	# 164	# 176
Accounts Receivable average collection period days	7	7	7	8	8
Seq. Receivable Change	22.98 %	-8.86 %	5.66 %	-27.45 %	13.1 %
Seq. Revenue Change	14.59 %	-9.93 %	-1.03 %	-0.42 %	9.43 %

Receivable Turnover Company Ranking
Within:	No.
Tobacco Industry	# 2
Consumer Non Cyclical Sector	# 6
Overall Market	# 272

Receivable Turnover Ratio Statistics
High	Average	Low
74.6	51.45	12.32
(Mar 31 2016)		(Sep 30 2022)

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

Financial Statements
Vector Group Ltd's Accounts Receivable	$ 30 Millions	Visit VGR's Balance sheet
Vector Group Ltd's Sales TTM	$ 1,421 Millions	Visit VGR's Income Statement
Sources of VGR's Revenues		Visit VGR's Sales by Geography

Other Accounts Receivable Turnover Ratios
Tobacco Industry Accounts Receivable Turnover Trends and Statistics
Consumer Non Cyclical Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
VGR's Receivable Turnover Ratio versus Tobacco Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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VGR's Valuation Ratios	VGR's Roe	VGR's Financial Strength Ratios	VGR's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Consumer Non Cyclical Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Coca cola Consolidated Inc	117.42	$ 6,730.506 Millions	$ 57.322 Millions
Trulieve Cannabis Corp.	78.67	$ 1,163.245 Millions	$ 14.786 Millions
Jushi Holdings Inc.	70.87	$ 263.201 Millions	$ 3.714 Millions
Inspire Veterinary Partners Inc	61.89	$ 17.126 Millions	$ 0.277 Millions
Axil Brands Inc	52.32	$ 27.499 Millions	$ 0.526 Millions
Vector Group Ltd	52.30	$ 1,420.942 Millions	$ 27.171 Millions
Mission Produce Inc	48.59	$ 1,137.000 Millions	$ 23.400 Millions
Altria Group Inc	48.31	$ 17,899.000 Millions	$ 370.500 Millions
Healthy Extracts Inc	45.30	$ 2.880 Millions	$ 0.064 Millions
Hni Corporation	43.65	$ 2,603.600 Millions	$ 59.650 Millions
Dswiss Inc	41.06	$ 1.789 Millions	$ 0.044 Millions
Turning Point Brands Inc	39.13	$ 403.443 Millions	$ 10.309 Millions
Charlie s Holdings Inc	35.82	$ 13.344 Millions	$ 0.372 Millions
Dole Plc	30.66	$ 14,533.307 Millions	$ 473.991 Millions
Cea Industries Inc	29.83	$ 2.561 Millions	$ 0.086 Millions
Bonk Inc	23.30	$ 1.026 Millions	$ 0.044 Millions
Bunge Global Sa	23.11	$ 55,821.000 Millions	$ 2,415.750 Millions
Laird Superfood Inc	22.64	$ 36.466 Millions	$ 1.611 Millions
The Boston Beer Company Inc	22.45	$ 2,000.471 Millions	$ 89.126 Millions
Tyson Foods Inc	22.39	$ 53,092.000 Millions	$ 2,371.500 Millions
Biote Corp	22.29	$ 187.233 Millions	$ 8.399 Millions
Fitlife Brands Inc	22.05	$ 45.436 Millions	$ 2.060 Millions
Cirtran Corporation	21.94	$ 1.764 Millions	$ 0.080 Millions
Archer daniels midland Co	20.60	$ 88,768.000 Millions	$ 4,308.750 Millions
Educational Development Corporation	20.33	$ 46.500 Millions	$ 2.287 Millions
Cbdmd Inc	20.12	$ 20.637 Millions	$ 1.026 Millions
Treehouse Foods Inc	18.85	$ 3,301.800 Millions	$ 175.125 Millions
Edgewell Personal Care Company	18.01	$ 2,270.200 Millions	$ 126.075 Millions
The Marzetti Company	17.28	$ 1,871.302 Millions	$ 108.310 Millions
Andersons Inc	16.35	$ 12,362.113 Millions	$ 756.123 Millions

Date modified: 2026-09-02T19:49:39+00:00

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