Ebix Inc Asset Turnover Ratio (EBIX), as of third quarter 2023, current and historic results, rankings and more - CSIMarket
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Ebix Inc  (NASDAQ: EBIX)
 

Ebix Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Due to the increase in investments during the third quarter 2023, Ebix Inc's asset turnover ratio sequentially decreased to 0.48 in the third quarter (Sep 30 2023), but remained above the company's average. For every Dollar on the Balance Sheet, Ebix Inc realized $0.48 in annual sales.

Within sector 64 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2023 compared to the preceding quarter from 1857 to 2148.

Asset Turnover Ratio Definition



EBIX Asset Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Asset Change 4 % -0.39 % -1.22 % -1.49 % -2.88 %
Y / Y Revenue Change -53.77 % -52.78 % -15.19 % -4.35 % 34.51 %
Asset Turnover Ratio (TTM) 0.48 0.57 0.66 0.69 0.69
EBIX's Total Ranking # 2148 # 1857 # 1402 # 1624 # 2875
Seq. Asset Change 1.45 % -0.03 % -0.38 % 2.94 % -2.84 %
Seq. Revenue Change 0.67 % -51.22 % -4.88 % -1.05 % 2.84 %



Asset Turnover Ratio Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 65
Technology Sector # 411
Overall Market # 2148

Asset Turnover Ratio Statistics
High Average Low
0.69 0.45 0.35
(Sep 30 2022)   (Jun 30 2020)







Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2023, within Technology Sector Asset Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Assets at quarter ending Sep 30 2023
Global Arena Holding Inc   1.30 $ 0.806  Millions$ 0.622  Millions
Airgain Inc   1.29 $ 64.848  Millions$ 50.159  Millions
Algorhythm Holdings Inc   1.29 $ 28.076  Millions$ 21.730  Millions
Pioneer Power Solutions Inc   1.28 $ 43.579  Millions$ 34.113  Millions
Benchmark Electronics Inc   1.27 $ 2,898.266  Millions$ 2,286.647  Millions
Optex Systems Holdings Inc   1.26 $ 25.619  Millions$ 20.393  Millions
Extreme Networks Inc   1.25 $ 1,366.967  Millions$ 1,096.283  Millions
Plexus Corp   1.25 $ 4,207.785  Millions$ 3,378.840  Millions
Dirtt Environmental Solutions Ltd  1.24 $ 173.425  Millions$ 139.379  Millions
Squarespace Inc   1.23 $ 969.510  Millions$ 789.056  Millions
One Stop Systems Inc   1.19 $ 65.481  Millions$ 55.214  Millions
Firefly Neuroscience Inc   1.18 $ 7.918  Millions$ 6.695  Millions
Transcat Inc  1.18 $ 242.871  Millions$ 206.263  Millions
Franklin Covey Co   1.17 $ 280.522  Millions$ 239.221  Millions
Mayville Engineering Company inc   1.17 $ 568.369  Millions$ 485.495  Millions
Sunpower Corp  1.17 $ 1,826.222  Millions$ 1,561.419  Millions
Epam Systems Inc   1.17 $ 4,764.586  Millions$ 4,084.116  Millions
Leidos Holdings Inc   1.17 $ 15,155.000  Millions$ 12,996.500  Millions
Sonic Foundry Inc  1.16 $ 21.854  Millions$ 18.857  Millions
Parsons Corporation  1.14 $ 5,051.635  Millions$ 4,423.611  Millions
Video Display Corporation  1.12 $ 6.552  Millions$ 5.847  Millions
Apple Inc   1.12 $ 383,285.000  Millions$ 343,134.000  Millions
Corsair Gaming Inc   1.10 $ 1,439.879  Millions$ 1,312.921  Millions
Ziprecruiter Inc   1.09 $ 719.069  Millions$ 662.277  Millions
Sypris Solutions Inc   1.08 $ 130.528  Millions$ 120.607  Millions
Everspin Technologies Inc   1.08 $ 61.648  Millions$ 56.990  Millions
Professional Diversity Network Inc   1.08 $ 7.756  Millions$ 7.172  Millions
Airspan Networks Holdings Inc   1.08 $ 112.811  Millions$ 104.495  Millions
Cognizant Technology Solutions Corporation  1.08 $ 19,434.000  Millions$ 18,011.250  Millions
Astronova Inc   1.08 $ 146.761  Millions$ 136.289  Millions



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