Spok Holdings Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics

Spok Holdings Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 5.76, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Spok Holdings Inc in Dec 31 2023 quarter, has decreased to 63 days, compared to 66 days, in the Sep 30 2023 quarter.

If we take a look into Services sector 293 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1905, from overall ranking in the third quarter 2023 at 2529.

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What is Receivable Turnover Ratio?

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SPOK 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	-13.21 %	-6.61 %	-4.2 %	-3.12 %	-0.17 %
Y / Y Revenue Change	2.1 %	4.99 %	8.17 %	-1.91 %	-3.73 %
Receivable Turnover Ratio (TTM)	5.76	5.53	5.36	5.2	5.19
SPOK's Total Ranking	# 1905	# 2529	# 2708	# 2802	# 3121
Average receivable collection period	63	66	68	70	70
Seq. Receivable Change	-7.27 %	-1.28 %	12.47 %	-15.7 %	-0.22 %
Seq. Revenue Change	-4.16 %	-2.84 %	9.89 %	-0.23 %	-1.45 %

New: More SPOK's historic Receivables Turnover Ratios >>

Receivable Turnover Company Ranking
Within:	No.
Communications Services Industry	# 29
Services Sector	# 294
Overall Market	# 1905

Receivable Turnover Ratio Statistics
High	Average	Low
9.66	6.21	4.7
(Sep. 30, 2014)		(Dec 31 2019)

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

Financial Statements
Spok Holdings Inc's Accounts Receivable	$ 23 Millions	Visit SPOK's Balance sheet
Spok Holdings Inc's Sales TTM	$ 139 Millions	Visit SPOK's Income Statement
Where are SPOK's Sales coming from?		Visit SPOK's Sales by Geography

Other Accounts Receivable Turnover Ratios
Communications Services Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SPOK's Receivable Turnover Ratio versus Communications Services Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SPOK's Competitors
Receivables Turnover Ratio for SPOK's Suppliers
Accounts Receivables Turnover Ratio for SPOK's Customers

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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
The Wendy s Company	16.20	$ 2,181.578 Millions	$ 134.670 Millions
Butler National Corp	16.16	$ 75.835 Millions	$ 4.693 Millions
Nuvera Communications Inc	15.67	$ 65.792 Millions	$ 4.198 Millions
Payoneer Global Inc	15.61	$ 831.103 Millions	$ 53.246 Millions
Host Hotels and Resorts Inc	15.57	$ 5,311.000 Millions	$ 341.000 Millions
Biglari Holdings Inc	14.96	$ 365.318 Millions	$ 24.413 Millions
Accolade Inc	14.96	$ 388.486 Millions	$ 25.966 Millions
Fiverr International Ltd	14.92	$ 361.375 Millions	$ 24.217 Millions
Star Holdings	14.80	$ 123.053 Millions	$ 8.316 Millions
Visa Inc	14.78	$ 33,351.000 Millions	$ 2,255.750 Millions
Crexendo Inc	14.49	$ 53.199 Millions	$ 3.672 Millions
Exceed World Inc	14.44	$ 24.718 Millions	$ 1.712 Millions
Bce Inc	14.39	$ 18,899.518 Millions	$ 1,312.924 Millions
Rollins Inc	14.38	$ 3,073.278 Millions	$ 213.743 Millions
Hammer Fiber Optics Holdings Corp	14.14	$ 3.602 Millions	$ 0.255 Millions
Digital Brand Media and Marketing Group Inc	13.91	$ 0.341 Millions	$ 0.024 Millions
Madison Square Garden Sports Corp	13.82	$ 879.608 Millions	$ 63.626 Millions
Surgepays Inc	13.73	$ 137.142 Millions	$ 9.992 Millions
Avis Budget Group Inc	13.66	$ 12,008.000 Millions	$ 879.000 Millions
Teekay Tankers Ltd	13.65	$ 1,364.452 Millions	$ 99.940 Millions
Konatel Inc	13.52	$ 18.224 Millions	$ 1.348 Millions
Wideopenwest Inc	13.50	$ 686.700 Millions	$ 50.875 Millions
Prog Holdings Inc	13.29	$ 2,408.264 Millions	$ 181.166 Millions
The New York Times Company	13.27	$ 2,426.152 Millions	$ 182.874 Millions
Frontier Communications Parent Inc	13.10	$ 5,751.000 Millions	$ 439.000 Millions
Groupon Inc	13.05	$ 514.664 Millions	$ 39.432 Millions
Multiplan Corporation	13.03	$ 952.160 Millions	$ 73.100 Millions
Uber Technologies Inc	12.91	$ 37,281.000 Millions	$ 2,887.750 Millions
Radware Ltd	12.89	$ 261.292 Millions	$ 20.267 Millions
Dallasnews Corporation	12.80	$ 139.696 Millions	$ 10.917 Millions

Date modified: 2024-02-23T13:16:46+00:00

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