Andrea Electronics Corporation's ability to collect accounts receivable sequentially worsen to 7.05, indicating more challenging environment then in the third quarter 2022, but still, it is a far cry from any concerns. Andrea Electronics's Accounts Receivable average collection period in the Dec 31 2022 quarter, has increased to 52 days, from 51 days, in the Sep 30 2022 quarter.

If we take a look into Technology sector 27 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 310, from overall ranking in the third quarter 2022 at 2254.

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What is Receivable Turnover Ratio?

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ANDR Receivables Turnover Ratio	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter	(Mar 31 2022) I. Quarter	(Dec 31 2021) IV. Quarter
Y / Y Receivable Change	-29.88 %	8.07 %	94.71 %	-17.72 %	29.24 %
Y / Y Revenue Change	-36.79 %	35.47 %	51.6 %	19.72 %	20.2 %
Receivable Turnover Ratio (TTM)	7.05	7.13	6.72	7.25	6.56
ANDR's Total Ranking	# 310	# 2254	# 2254	# 2254	# 2254
Accounts Receivable average collection period days	52	51	54	50	56
Seq. Receivable Change	-46.2 %	-23.85 %	72.49 %	-0.78 %	-17.08 %
Seq. Revenue Change	-58.59 %	2.6 %	15.97 %	28.29 %	-11.25 %

Receivable Turnover Company Ranking
Within:	No.
Consumer Electronics Industry	# 3
Technology Sector	# 28
Overall Market	# 310

Receivable Turnover Ratio Statistics
High	Average	Low
2.22	1.23	0.12
(Sep 30 2016)		(Jun 30 2017)

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

Financial Statements
Andrea Electronics's Accounts Receivable	$ 0 Millions	Visit ANDR's Balance sheet
Andrea Electronics's Sales TTM	$ 2 Millions	Visit ANDR's Income Statement
Sources of ANDR's Revenues		Visit ANDR's Sales by Geography

Other Accounts Receivable Turnover Ratios
Consumer Electronics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ANDR's Receivable Turnover Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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ANDR's Profitability Ratios	ANDR's Roi	ANDR's Asset Turnover Ratio	ANDR's Dividend Growth
ANDR's Valuation Ratios	ANDR's Roe	ANDR's Financial Strength Ratios	ANDR's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2022, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2022	Receivable at quarter ending Dec 31 2022
Mix Telematics Limited	31.90	$ 142.433 Millions	$ 4.465 Millions
Intapp Inc	31.04	$ 309.414 Millions	$ 9.968 Millions
Quarta rad Inc	30.61	$ 1.019 Millions	$ 0.033 Millions
Appfolio Inc	29.62	$ 471.883 Millions	$ 15.929 Millions
Gigamedia Ltd	28.07	$ 5.585 Millions	$ 0.199 Millions
Power Integrations Inc	27.26	$ 651.138 Millions	$ 23.887 Millions
Skillz Inc	26.95	$ 269.709 Millions	$ 10.010 Millions
Ihs Holding Ltd	26.43	$ 1,961.299 Millions	$ 74.216 Millions
Cyxtera Technologies Inc	26.02	$ 746.000 Millions	$ 28.675 Millions
Allegro Microsystems Inc	25.66	$ 861.400 Millions	$ 33.575 Millions
Global e Online Ltd	24.91	$ 409.049 Millions	$ 16.424 Millions
Dzs Inc	24.66	$ 360.541 Millions	$ 14.618 Millions
Weibo Corporation	24.37	$ 1,836.332 Millions	$ 75.347 Millions
Sidechannel Inc	21.44	$ 6.335 Millions	$ 0.296 Millions
Gdev Inc	21.12	$ 479.688 Millions	$ 22.709 Millions
Scworx Corp	20.72	$ 36.032 Millions	$ 1.739 Millions
Data443 Risk Mitigation Inc	20.57	$ 2.627 Millions	$ 0.128 Millions
Snap One Holdings Corp	20.56	$ 1,123.811 Millions	$ 54.667 Millions
Mynd ai Inc	20.52	$ 50.014 Millions	$ 2.437 Millions
Joyy inc	20.14	$ 2,411.516 Millions	$ 119.721 Millions
Vpr Brands Lp	20.10	$ 4.928 Millions	$ 0.245 Millions
Paycor Hcm Inc	19.99	$ 484.755 Millions	$ 24.244 Millions
Maxeon Solar Technologies Ltd	19.52	$ 1,060.113 Millions	$ 54.301 Millions
Playtika Holding Corp	19.47	$ 2,615.500 Millions	$ 134.325 Millions
Netease Inc	19.29	$ 13,990.577 Millions	$ 725.348 Millions
Onfolio Holdings Inc	19.19	$ 2.220 Millions	$ 0.116 Millions
Upay Inc	18.98	$ 1.399 Millions	$ 0.074 Millions
Oracle Corporation	18.94	$ 107,364.000 Millions	$ 5,668.750 Millions
Engagesmart Inc	18.77	$ 303.920 Millions	$ 16.196 Millions
Phunware Inc	18.57	$ 21.794 Millions	$ 1.174 Millions

Date modified: 2026-06-22T14:32:27+00:00

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