Agent Insurance Group (NGO:5836) Receivables Turnover : 1.09 (As of Jun. 2024)

Agent Insurance Group Receivables Turnover Chart

Agent Insurance Group Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial					2.10	1.95	1.75	1.64	1.09

Competitive Comparison of Agent Insurance Group's Receivables Turnover

For the Insurance - Diversified subindustry, Agent Insurance Group's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Agent Insurance Group's Receivables Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Agent Insurance Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Agent Insurance Group's Receivables Turnover falls into.

Agent Insurance Group Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Agent Insurance Group's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Agent Insurance Group's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Agent Insurance Group  (NGO:5836) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Agent Insurance Group Receivables Turnover Related Terms

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Agent Insurance Group Business Description