CSIMarket
 


Asure Software Inc   (ASUR)
Other Ticker:  
 
 

Asure Software Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2021

Quarterly Results, Trends, Rankings, Statistics


Asure Software Inc 's ability to collect accounts receivable sequentially worsen to 7.81, pointing to a challenging and on top of that deteriorating business climate for the Cloud Computing & Data Analytics industry. Asure Software Inc 's Average receivable collection period in the Dec 31 2023 quarter, has increased to 47 days, from 44 days, in the Sep 30 2023 quarter.

If we take a look into Technology sector 75 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 601, from overall ranking in the third quarter 2023 at 1065.

What is Receivable Turnover Ratio?
What is Asure Software Inc Selling?


What is Receivable Turnover Ratio?




ASUR 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 17.15 % 121.86 % 189.91 % 123.4 % 128.39 %
Y / Y Revenue Change -10.64 % 33.68 % 47.87 % 35.88 % 38.74 %
Receivable Turnover Ratio (TTM) 7.81 8.3 9.08 10.6 12.25
ASUR's Total Ranking # 601 # 1065 # 1338 # 2755 # 1351
Average receivable collection period 47 44 40 34 30
Seq. Receivable Change -6.15 % -9 % 12.65 % 21.77 % 77.73 %
Seq. Revenue Change -10.6 % -2.46 % -9.21 % 12.88 % 33.74 %


Receivable Turnover Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 14
Technology Sector # 76
Overall Market # 601

Receivable Turnover Ratio Statistics
High Average Low
17.63 8.23 4.42
(Dec 31 2021)   (Dec 31 2017)






Financial Statements
Asure Software Inc 's Accounts Receivable $ 14 Millions Visit ASUR's Balance sheet
Asure Software Inc 's Sales TTM $ 119 Millions Visit ASUR's Income Statement
Where are ASUR's Sales coming from? Visit ASUR's Sales by Geography

Other Accounts Receivable Turnover Ratios
Cloud Computing & Data Analytics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ASUR's Receivable Turnover Ratio versus Cloud Computing & Data Analytics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for ASUR's Competitors
Receivables Turnover Ratio for ASUR's Suppliers
Accounts Receivables Turnover Ratio for ASUR's Customers

You may also want to know
ASUR's Growth Rates ASUR's Roa ASUR's Inventory Turnover Ratio ASUR's Dividend Comparisons
ASUR's Profitability Ratios ASUR's Roi ASUR's Asset Turnover Ratio ASUR's Dividend Growth
ASUR's Valuation Ratios ASUR's Roe ASUR's Financial Strength Ratios ASUR'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
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
Paycor Hcm Inc   17.15 $ 604.654  Millions$ 35.252  Millions
Intel Corporation  16.57 $ 54,228.000  Millions$ 3,272.000  Millions
Netlist Inc  16.56 $ 68.393  Millions$ 4.130  Millions
Moving Image Technologies inc   16.42 $ 20.783  Millions$ 1.266  Millions
Vimeo inc   15.75 $ 416.638  Millions$ 26.448  Millions
Immersion Corporation  15.28 $ 33.919  Millions$ 2.220  Millions
Playtika Holding Corp   15.19 $ 2,567.000  Millions$ 169.025  Millions
Q2 Holdings inc   15.04 $ 623.651  Millions$ 41.458  Millions
Oracle Corporation  14.77 $ 97,664.000  Millions$ 6,612.750  Millions
Blacksky Technology Inc   14.42 $ 94.492  Millions$ 6.555  Millions
Bilibili Inc   14.31 $ 3,172.471  Millions$ 221.679  Millions
Electronic Systems Technology Inc   14.04 $ 1.545  Millions$ 0.110  Millions
Bridgeline Digital Inc   13.92 $ 15.340  Millions$ 1.102  Millions
Evercommerce Inc   13.90 $ 675.369  Millions$ 48.599  Millions
Soundhound Ai Inc   13.47 $ 45.873  Millions$ 3.405  Millions
Nxp Semiconductors N v   13.42 $ 13,276.000  Millions$ 989.250  Millions
Hp inc   12.83 $ 53,075.000  Millions$ 4,136.250  Millions
Consensus Cloud Solutions Inc   12.43 $ 362.243  Millions$ 29.132  Millions
Alarum Technologies Ltd   12.42 $ 26.521  Millions$ 2.136  Millions

Date modified: 2024-02-27T11:58:24+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com