Avid Technology Inc 's ability to collect accounts receivable sequentially worsen to 6.49, indicating more challenging environment then in the second quarter 2023, but still, it is a far cry from any concerns. 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 51 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 460, from overall ranking in the second quarter 2023 at 2134.

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	# 460	# 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	# 18
Technology Sector	# 52
Overall Market	# 460

Receivable Turnover Ratio Statistics
High	Average	Low
3.62	1.85	1.15
(Sep 30 2014)		(March 31, 2013)

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
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
Qxo Inc	18.10	$ 52.214 Millions	$ 2.885 Millions
Paycor Hcm Inc	18.07	$ 577.977 Millions	$ 31.993 Millions
Icoreconnect Inc	18.00	$ 7.745 Millions	$ 0.430 Millions
Odysight ai Inc	17.86	$ 1.246 Millions	$ 0.070 Millions
Sonos Inc	17.59	$ 1,654.490 Millions	$ 94.037 Millions
Ascent Solar Technologies Inc	16.79	$ 0.468 Millions	$ 0.028 Millions
Immersion Corporation	16.64	$ 32.738 Millions	$ 1.968 Millions
Playtika Holding Corp	15.86	$ 2,560.300 Millions	$ 161.425 Millions
Rubicon Technologies Inc	15.71	$ 1,017.324 Millions	$ 64.762 Millions
TANCHENG GROUP CO., LTD.	15.64	$ 2.027 Millions	$ 0.130 Millions
Intel Corporation	15.63	$ 52,864.000 Millions	$ 3,383.250 Millions
Cf Acquisition Corp Vi	15.29	$ 88.973 Millions	$ 5.818 Millions
Moving Image Technologies Inc	15.10	$ 20.175 Millions	$ 1.336 Millions
Porch Group Inc	15.07	$ 382.942 Millions	$ 25.411 Millions
Quarta rad Inc	15.07	$ 0.722 Millions	$ 0.048 Millions
Vimeo Inc	15.06	$ 416.432 Millions	$ 27.656 Millions
Oracle Corporation	14.91	$ 96,308.000 Millions	$ 6,461.000 Millions
Phunware Inc	14.90	$ 15.171 Millions	$ 1.019 Millions
Q2 Holdings Inc	14.34	$ 608.214 Millions	$ 42.417 Millions
Blacksky Technology Inc	14.09	$ 78.401 Millions	$ 5.565 Millions
Dzs Inc	13.85	$ 278.566 Millions	$ 20.111 Millions
Amesite Inc	13.77	$ 0.628 Millions	$ 0.046 Millions
Decisionpoint Systems Inc	13.75	$ 109.566 Millions	$ 7.968 Millions
Intrusion Inc	13.70	$ 5.689 Millions	$ 0.415 Millions
Tucows Inc	13.58	$ 330.124 Millions	$ 24.307 Millions
Evercommerce Inc	13.56	$ 667.727 Millions	$ 49.253 Millions

Date modified: 2026-08-29T17:28:43+00:00

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