Vitru Ltd's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2023 to a ratio of 8.33, this represents a new company high. This is a clear indication for improving liquidity at Vitru Ltd's clients. Average receivable collection period, for the Vitru Ltd in Dec 31 2023 quarter, has decreased to 44 days, compared to 64 days, in the 0 quarter.

If we take a look into Services sector 348 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from to 2021.

What is Receivable Turnover Ratio?
What is Vitru Ltd Selling?

What is Receivable Turnover Ratio?

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VTRU Receivables Turnover Ratio	(Dec 31 2023) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Dec 31 2022) IV. Quarter
Y / Y Receivable Change	5.1 %	5.1 %	5.1 %	5.1 %	59.45 %
Y / Y Revenue Change	48.9 %	-	-	-	108.72 %
Receivable Turnover Ratio (TTM)	8.33	5.66	5.73	5.8	5.88
VTRU's Total Ranking	# 2021	#	#	#	# 3014
Accounts Receivable average collection period days	44	64	64	63	62
Seq. Receivable Change	0 %	0 %	0 %	5.1 %	0 %
Seq. Revenue Change	-	-	-	-	-

Receivable Turnover Company Ranking
Within:	No.
Educational Services Industry	# 18
Services Sector	# 349
Overall Market	# 2021

Receivable Turnover Ratio Statistics
High	Average	Low
8.33	6.23	4.49
(Dec 31 2023)		(Dec 31 2021)

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

Financial Statements
Vitru Ltd's Accounts Receivable	$ 45 Millions	Visit VTRU's Balance sheet
Vitru Ltd's Sales TTM	$ 373 Millions	Visit VTRU's Income Statement
Sources of VTRU's Revenues		Visit VTRU's Sales by Geography

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

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VTRU's Profitability Ratios	VTRU's Roi	VTRU's Asset Turnover Ratio	VTRU's Dividend Growth
VTRU's Valuation Ratios	VTRU's Roe	VTRU's Financial Strength Ratios	VTRU's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2023	Receivable at quarter ending Dec 31 2023
Penn Entertainment Inc	22.69	$ 6,362.900 Millions	$ 280.400 Millions
Six Flags Entertainment Corporation	22.33	$ 1,798.668 Millions	$ 80.535 Millions
Cable One Inc	22.30	$ 1,678.081 Millions	$ 75.266 Millions
Elvictor Group Inc	22.06	$ 2.362 Millions	$ 0.107 Millions
Travel and Leisure Co	22.06	$ 3,750.000 Millions	$ 170.000 Millions
United Parks and Resorts Inc	22.00	$ 1,726.587 Millions	$ 78.493 Millions
Flywire Corporation	21.91	$ 403.094 Millions	$ 18.397 Millions
Nerdy Inc	21.91	$ 192.447 Millions	$ 8.785 Millions
Monarch Casino and Resort inc	21.75	$ 212.152 Millions	$ 9.755 Millions
Zillow Group Inc	21.73	$ 1,945.000 Millions	$ 89.500 Millions
Gaia Inc	21.20	$ 79.794 Millions	$ 3.765 Millions
Papa John s International Inc	20.93	$ 2,135.713 Millions	$ 102.048 Millions
Caesars Entertainment inc	20.66	$ 11,528.000 Millions	$ 558.000 Millions
Zoned Properties Inc	20.65	$ 2.887 Millions	$ 0.140 Millions
Park Hotels and Resorts Inc	20.56	$ 2,698.000 Millions	$ 131.250 Millions
Liberty Media Corporation	20.42	$ 12,525.000 Millions	$ 613.500 Millions
Ucloudlink Group Inc	20.37	$ 85.576 Millions	$ 4.201 Millions
Mgm Resorts International	20.22	$ 16,164.249 Millions	$ 799.565 Millions
Doordash Inc	20.14	$ 8,635.000 Millions	$ 428.750 Millions
Angi Inc	19.91	$ 1,357.349 Millions	$ 68.185 Millions
Visa Inc	19.83	$ 33,351.000 Millions	$ 1,682.019 Millions
Vivakor Inc	19.82	$ 59.322 Millions	$ 2.992 Millions
Olb Group Inc	19.47	$ 30.572 Millions	$ 1.570 Millions
Qwest Corporation	19.44	$ 5,915.000 Millions	$ 304.250 Millions
Quotemedia Inc	19.37	$ 18.908 Millions	$ 0.976 Millions
Cco Holdings Llc	19.28	$ 54,607.000 Millions	$ 2,832.000 Millions
Regis Corp	19.11	$ 215.913 Millions	$ 11.296 Millions
Fat Brands Inc	19.00	$ 480.457 Millions	$ 25.290 Millions
Onespaworld Holdings Limited	18.99	$ 794.045 Millions	$ 41.824 Millions
Charter Communications Inc	18.81	$ 54,607.000 Millions	$ 2,903.000 Millions

Date modified: 2026-09-02T20:15:02+00:00

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