China Southern Airlines Company Limited's ability to collect accounts receivable sequentially worsen to 1.66, indicating more challenging environment then in the third quarter 2022, but still, it is a far cry from any concerns. China Southern Airlines Limited's Accounts Receivable average collection period in the Dec 31 2022 quarter, has increased to 220 days, from 207 days, in the 0 quarter.

If we take a look into Transportation sector 105 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2022 from 4142 to 4247.

What is Receivable Turnover Ratio?
What is China Southern Airlines Company Limited Selling?

What is Receivable Turnover Ratio?

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ZNH Receivables Turnover Ratio	(Dec 31 2022) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Dec 31 2021) IV. Quarter
Y / Y Receivable Change	-8.36 %	-8.36 %	-8.36 %	-8.36 %	13.19 %
Y / Y Revenue Change	-7.44 %	-	-	-	-6.03 %
Receivable Turnover Ratio (TTM)	1.66	1.76	1.72	1.68	1.65
ZNH's Total Ranking	# 4247	# 4142	# 0	# 0	# 4223
Accounts Receivable average collection period days	220	208	212	217	222
Seq. Receivable Change	0 %	0 %	0 %	-8.36 %	0 %
Seq. Revenue Change	-	-	-	-	-

Receivable Turnover Company Ranking
Within:	No.
Airline Industry	# 18
Transportation Sector	# 106
Overall Market	# 4247

Receivable Turnover Ratio Statistics
High	Average	Low
1.1	0.88	0.61
(Dec 31 2019)		(Dec 31 2021)

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

Financial Statements
China Southern Airlines Limited's Accounts Receivable	$ 389 Millions	Visit ZNH's Balance sheet
China Southern Airlines Limited's Sales TTM	$ 647 Millions	Visit ZNH's Income Statement
Sources of ZNH's Revenues		Visit ZNH'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
ZNH'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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ZNH's Profitability Ratios	ZNH's Roi	ZNH's Asset Turnover Ratio	ZNH's Dividend Growth
ZNH's Valuation Ratios	ZNH's Roe	ZNH's Financial Strength Ratios	ZNH's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2022, within Transportation Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2022	Receivable at quarter ending Dec 31 2022
Oceanpal Inc	4.48	$ 19.085 Millions	$ 4.257 Millions
Torm Plc	4.35	$ 1,443.351 Millions	$ 331.512 Millions
United Parcel Service Inc	4.32	$ 100,338.000 Millions	$ 23,219.000 Millions
Shengfeng Development Limited	4.15	$ 370.325 Millions	$ 89.152 Millions
Chargepoint Holdings Inc	3.92	$ 468.094 Millions	$ 119.424 Millions
Blink Charging Co	3.78	$ 61.139 Millions	$ 16.175 Millions
Volta Inc	3.68	$ 54.600 Millions	$ 14.852 Millions
Rail Vision Ltd	3.66	$ 0.421 Millions	$ 0.115 Millions
Seacor Marine Holdings Inc	3.48	$ 217.325 Millions	$ 62.492 Millions
Singularity Future Technology Ltd	3.29	$ 4.843 Millions	$ 1.471 Millions
Kelso Technologies Inc	2.69	$ 11.149 Millions	$ 4.144 Millions
Wallbox N v	2.67	$ 318.557 Millions	$ 119.357 Millions
Ftai Infrastructure Inc	2.42	$ 210.246 Millions	$ 87.030 Millions
China Southern Airlines Company Limited	0.89	$ 646.718 Millions	$ 726.611 Millions

Date modified: 2026-06-22T16:58:57+00:00

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