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Electronic Systems Technology Inc   (ELST)
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Electronic Systems Technology Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Electronic Systems Technology Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 14.22, above the company average. This is a clear sign of healthy business climate in the Electronic Instruments & Controls industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Electronic Systems Technology Inc in Dec 31 2023 quarter, has decreased to 26 days, compared to 27 days, in the Sep 30 2023 quarter.

If we take a look into Technology sector 43 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 536, from overall ranking in the third quarter 2023 at 887.

What is Receivable Turnover Ratio?
What is Electronic Systems Technology Inc Selling?


What is Receivable Turnover Ratio?




ELST Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -62.8 % -40.87 % 11.54 % -23.74 % -14.98 %
Y / Y Revenue Change -41.59 % -29.65 % 40.37 % -35.38 % 42.68 %
Receivable Turnover Ratio (TTM) 14.22 13.51 12.96 12.2 12.63
ELST's Total Ranking # 536 # 887 # 868 # 868 # 868
Average receivable collection period 26 27 28 30 29
Seq. Receivable Change -45.32 % -45.93 % 65.04 % -23.78 % -13.07 %
Seq. Revenue Change -9.02 % -41.44 % 91.81 % -42.85 % 9.59 %


Receivable Turnover Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 2
Technology Sector # 44
Overall Market # 536

Receivable Turnover Ratio Statistics
High Average Low
14.04 9.71 3.12
(Dec 31 2023)   (Sep 30 2016)






Financial Statements
Electronic Systems Technology Inc 's Accounts Receivable $ 0 Millions Visit ELST's Balance sheet
Electronic Systems Technology Inc 's Sales TTM $ 2 Millions Visit ELST's Income Statement
Where are ELST's Sales coming from? Visit ELST's Sales by Geography

Other Accounts Receivable Turnover Ratios
Electronic Instruments & Controls Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ELST's Receivable Turnover Ratio versus Electronic Instruments & Controls Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for ELST's Competitors
Receivables Turnover Ratio for ELST's Suppliers
Accounts Receivables Turnover Ratio for ELST's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Eventbrite Inc   78.59 $ 326.004  Millions$ 4.148  Millions
Marketwise Inc   73.07 $ 448.182  Millions$ 6.134  Millions
Liberty Tripadvisor Holdings inc   67.32 $ 1,683.000  Millions$ 25.000  Millions
Datasea Inc   61.86 $ 23.685  Millions$ 0.383  Millions
Squarespace Inc   59.53 $ 1,011.816  Millions$ 16.997  Millions
Compass Inc   59.52 $ 4,885.000  Millions$ 82.075  Millions
Semrush Holdings Inc   56.24 $ 307.348  Millions$ 5.465  Millions
Weave Communications Inc   50.18 $ 170.091  Millions$ 3.390  Millions
Tianci International Inc   47.07 $ 4.673  Millions$ 0.099  Millions
Paylocity Holding Corporation  44.90 $ 1,292.257  Millions$ 28.780  Millions
Bill Holdings Inc   42.13 $ 1,190.638  Millions$ 28.263  Millions
Toast Inc   41.12 $ 3,865.000  Millions$ 94.000  Millions
Monday com Ltd   40.74 $ 729.695  Millions$ 17.911  Millions
Nayax Ltd   40.03 $ 235.491  Millions$ 5.883  Millions
Dropbox Inc   39.91 $ 2,501.100  Millions$ 62.675  Millions
Appfolio Inc   31.61 $ 620.445  Millions$ 19.629  Millions
Rentokil Initial Plc  25.97 $ 5,375.000  Millions$ 207.000  Millions
Alpha And Omega Semiconductor Limited  23.60 $ 638.226  Millions$ 27.045  Millions
Intuit Inc   23.26 $ 15,094.000  Millions$ 649.000  Millions
Amesite Inc   22.32 $ 0.432  Millions$ 0.019  Millions
Gen Digital Inc   22.22 $ 3,560.347  Millions$ 160.250  Millions
Upay Inc   21.04 $ 1.399  Millions$ 0.066  Millions
Snap One Holdings Corp   20.72 $ 1,060.979  Millions$ 51.212  Millions
Ziprecruiter Inc   19.95 $ 645.413  Millions$ 32.350  Millions
Phunware Inc   19.57 $ 17.940  Millions$ 0.917  Millions
Veritec Inc   18.97 $ 0.313  Millions$ 0.017  Millions
Trivago N v   18.75 $ 543.235  Millions$ 28.972  Millions
Power Integrations Inc   18.55 $ 444.538  Millions$ 23.969  Millions
Silversun Technologies Inc   18.02 $ 54.517  Millions$ 3.026  Millions
Porch Group Inc   17.30 $ 430.302  Millions$ 24.873  Millions

Date modified: 2024-03-10T17:16:05+00:00



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