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Acacia Research Corporation  (ACTG)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates
 

Acacia Research Accounts Receivables Turnover Ratio from the second quarter 2024 to the second quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Acacia Research Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 5.06, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Acacia Research in Jun 30 2024 quarter, has decreased to 72 days, compared to 73 days, in the Mar 31 2024 quarter.

If we take a look into Conglomerates sector 6 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1520, from overall ranking in the first quarter 2024 at 2258.

What is Receivable Turnover Ratio?
What is Acacia Research Corporation Selling?


What is Receivable Turnover Ratio?




ACTG Receivables Turnover Ratio (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Receivable Change 199.54 % 77.38 % 878.68 % -16.25 % -54.23 %
Y / Y Revenue Change 226.9 % 64.29 % 603.54 % -36.49 % -52.72 %
Receivable Turnover Ratio (TTM) 5.06 4.98 4.94 6.32 6.85
ACTG's Total Ranking # 1520 # 2258 # 2252 # 3227 # 3342
Average receivable collection period 72 73 74 58 53
Seq. Receivable Change 22.12 % -80.92 % 1266.27 % -5.92 % -27.68 %
Seq. Revenue Change 6.24 % -73.65 % 815.42 % 27.58 % -46.61 %


Receivable Turnover Company Ranking
Within: No.
Conglomerates Industry # 7
Conglomerates Sector # 7
Overall Market # 1520

Receivable Turnover Ratio Statistics
High Average Low
42.81 9.57 1.08
(Dec 31 2020)   (Dec 31 2019)






Financial Statements
Acacia Research's Accounts Receivable $ 19 Millions Visit ACTG's Balance sheet
Acacia Research's Sales TTM $ 153 Millions Visit ACTG's Income Statement
Where are ACTG's Sales coming from? Visit ACTG's Sales by Geography

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

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Conglomerates Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2024 Receivable at quarter ending Jun 30 2024
Scientific Energy Inc   11.75 $ 51.249  Millions$ 4.361  Millions
Steel Partners Holdings L p   8.59 $ 1,968.666  Millions$ 229.084  Millions
Heico Corporation  7.52 $ 3,780.451  Millions$ 502.721  Millions
Rtx Corporation  6.99 $ 72,417.000  Millions$ 10,357.000  Millions
Dmc Global Inc   6.29 $ 683.586  Millions$ 108.667  Millions
Hamilton Beach Brands Holding Company  6.25 $ 643.832  Millions$ 103.062  Millions
Interdigital Inc   5.27 $ 732.659  Millions$ 139.033  Millions
Acacia Research Corporation  5.06 $ 152.553  Millions$ 30.149  Millions
Helen Of Troy Limited  4.95 $ 1,946.067  Millions$ 393.364  Millions
Honeywell International Inc  4.88 $ 37,334.000  Millions$ 7,649.500  Millions
Sifco Industries Inc  4.51 $ 100.030  Millions$ 22.168  Millions
Dolby Laboratories Inc   4.48 $ 1,258.911  Millions$ 280.862  Millions
Xcel Brands inc   2.68 $ 9.944  Millions$ 3.715  Millions
Digital Turbine Inc   2.58 $ 516.477  Millions$ 200.455  Millions

Date modified: 2024-09-13T06:16:28+00:00



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