Avid Technology Inc 's ability to collect accounts receivable sequentially worsen to 6.49, pointing to a challenging and on top of that deteriorating business climate for the Software & Programming industry. Avid Technology Inc 's Accounts Receivable average collection period in the Sep 30 2023 quarter, has increased to 56 days, from 54 days, in the Jun 30 2023 quarter.

If we take a look into Technology sector 339 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 2134 to 2318.

What is Receivable Turnover Ratio?
What is Avid Technology Inc Selling?

What is Receivable Turnover Ratio?

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AVID Receivables 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 Receivable Change	1.99 %	8.91 %	9.48 %	-0.26 %	-4.93 %
Y / Y Revenue Change	-11.63 %	11.12 %	-2.82 %	-2.49 %	1.32 %
Receivable Turnover Ratio (TTM)	6.49	6.71	6.66	6.86	6.9
AVID's Total Ranking	# 2318	# 2134	# 2135	# 455	# 456
Accounts Receivable average collection period days	56	54	55	53	53
Seq. Receivable Change	-3.96 %	-6.64 %	-18.21 %	39.08 %	2.56 %
Seq. Revenue Change	-16.15 %	10.97 %	-15.75 %	12.73 %	5.43 %

Receivable Turnover Company Ranking
Within:	No.
Software & Programming Industry	# 118
Technology Sector	# 340
Overall Market	# 2318

Receivable Turnover Ratio Statistics
High	Average	Low
13.62	8.5	5.74
(Sep 30 2013)		(Dec 31 2020)

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

Financial Statements
Avid Technology Inc 's Accounts Receivable	$ 56 Millions	Visit AVID's Balance sheet
Avid Technology Inc 's Sales TTM	$ 413 Millions	Visit AVID's Income Statement
Sources of AVID's Revenues		Visit AVID's Sales by Geography

Other Accounts Receivable Turnover Ratios
Software & Programming Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
AVID's Receivable Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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AVID's Growth Rates	AVID's Roa	AVID's Inventory Turnover Ratio	AVID's Dividend Comparisons
AVID's Profitability Ratios	AVID's Roi	AVID's Asset Turnover Ratio	AVID's Dividend Growth
AVID's Valuation Ratios	AVID's Roe	AVID's Financial Strength Ratios	AVID's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2023	Receivable at quarter ending Sep 30 2023
Ziprecruiter Inc	19.62	$ 719.069 Millions	$ 36.643 Millions
Creative Realities Inc	19.38	$ 40.035 Millions	$ 2.066 Millions
Upay Inc	19.25	$ 1.360 Millions	$ 0.071 Millions
Senseonics Holdings Inc	19.09	$ 19.007 Millions	$ 0.996 Millions
Power Integrations Inc	18.81	$ 479.801 Millions	$ 25.509 Millions
Clearsign Technologies Corporation	18.49	$ 1.179 Millions	$ 0.064 Millions
Skillz Inc	18.37	$ 163.657 Millions	$ 8.911 Millions
Paycor Hcm Inc	18.07	$ 577.977 Millions	$ 31.993 Millions
Icoreconnect Inc	18.00	$ 7.745 Millions	$ 0.430 Millions
Sonos Inc	18.00	$ 1,654.490 Millions	$ 91.913 Millions
Odysight ai Inc	17.86	$ 1.246 Millions	$ 0.070 Millions
Ascent Solar Technologies Inc	16.79	$ 0.468 Millions	$ 0.028 Millions
Immersion Corporation	16.64	$ 32.738 Millions	$ 1.968 Millions
Apple Inc	16.11	$ 383,285.000 Millions	$ 23,794.250 Millions
Playtika Holding Corp	15.86	$ 2,560.300 Millions	$ 161.425 Millions
Intel Corporation	15.63	$ 52,864.000 Millions	$ 3,383.250 Millions
Porch Group Inc	15.07	$ 382.942 Millions	$ 25.411 Millions
Vimeo Inc	15.06	$ 416.432 Millions	$ 27.656 Millions
Oracle Corporation	15.05	$ 96,308.000 Millions	$ 6,400.000 Millions
Quicklogic Corp	15.03	$ 15.805 Millions	$ 1.052 Millions
Phunware Inc	14.90	$ 15.171 Millions	$ 1.019 Millions
Bridgeline Digital Inc	14.63	$ 15.871 Millions	$ 1.085 Millions
Tucows Inc	14.63	$ 330.124 Millions	$ 22.569 Millions
Q2 Holdings Inc	14.34	$ 608.214 Millions	$ 42.417 Millions
Us Nuclear Corp	14.19	$ 2.140 Millions	$ 0.151 Millions
Moving Image Technologies Inc	14.19	$ 20.175 Millions	$ 1.422 Millions
Blacksky Technology Inc	14.09	$ 78.401 Millions	$ 5.565 Millions
Nutanix Inc	14.09	$ 1,939.194 Millions	$ 137.650 Millions
Cf Acquisition Corp Vi	13.84	$ 80.529 Millions	$ 5.818 Millions
Intrusion Inc	13.70	$ 5.689 Millions	$ 0.415 Millions

Date modified: 2026-10-07T00:41:51+00:00

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