Aspen Technology Inc 's ability to collect accounts receivable sequentially worsen to 6.04, pointing to a challenging and on top of that deteriorating business climate for the Cloud Computing & Data Analytics industry. Aspen Technology Inc 's Accounts Receivable average collection period in the Dec 31 2024 quarter, has increased to 60 days, from 46 days, in the Sep 30 2024 quarter.

If we take a look into Technology sector 367 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2024 from 1314 to 2481.

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

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

AZPN Receivables Turnover Ratio	(Dec 31 2024) II. Quarter	(Sep 30 2024) I. Quarter	(Jun 30 2024) IV. Quarter	(Mar 31 2024) III. Quarter	(Dec 31 2023) II. Quarter
Y / Y Receivable Change	-	0.5 %	4.78 %	31.5 %	-
Y / Y Revenue Change	18.37 %	-13.57 %	7.22 %	20.99 %	5.56 %
Receivable Turnover Ratio (TTM)	6.04	7.92	8.18	8.14	8.58
AZPN's Total Ranking	# 2481	# 1314	# 1452	# 1257	# 0
Accounts Receivable average collection period days	60	46	45	45	43
Seq. Receivable Change	36.81 %	-23.63 %	-7.42 %	-	-
Seq. Revenue Change	40.78 %	-37.42 %	24.21 %	8.17 %	2.8 %

Receivable Turnover Company Ranking
Within:	No.
Cloud Computing & Data Analytics Industry	# 63
Technology Sector	# 368
Overall Market	# 2481

Receivable Turnover Ratio Statistics
High	Average	Low
23.67	13.72	6.04
(Sep 30 2016)		(Dec 31 2024)

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

Financial Statements
Aspen Technology Inc 's Accounts Receivable	$ 203 Millions	Visit AZPN's Balance sheet
Aspen Technology Inc 's Sales TTM	$ 1,140 Millions	Visit AZPN's Income Statement
Sources of AZPN's Revenues		Visit AZPN'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
AZPN'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

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

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2024	Receivable at quarter ending Dec 31 2024
Plum Acquisition Corp I	15.42	$ 0.653 Millions	$ 0.042 Millions
Astera Labs Inc	15.34	$ 395.699 Millions	$ 25.797 Millions
Icoreconnect Inc	15.20	$ 10.746 Millions	$ 0.707 Millions
Playtika Holding Corp	15.01	$ 2,549.300 Millions	$ 169.800 Millions
So young International Inc	14.79	$ 200.179 Millions	$ 13.532 Millions
Global Technologies Ltd	14.79	$ 2.644 Millions	$ 0.179 Millions
Evercommerce Inc	14.63	$ 698.765 Millions	$ 47.763 Millions
Focus Universal Inc	14.54	$ 0.398 Millions	$ 0.027 Millions
Gan Limited	14.46	$ 134.998 Millions	$ 9.338 Millions
Ceragon Networks Ltd	14.29	$ 394.190 Millions	$ 27.592 Millions
Paycor Hcm Inc	14.11	$ 699.733 Millions	$ 49.591 Millions
Nixxy Inc	13.97	$ 0.612 Millions	$ 0.044 Millions
Lgl Group Inc	13.91	$ 4.292 Millions	$ 0.309 Millions
Frequency Electronics Inc	13.60	$ 65.401 Millions	$ 4.810 Millions
Consensus Cloud Solutions Inc	13.41	$ 349.694 Millions	$ 26.069 Millions
Oracle Corporation	13.34	$ 104,593.000 Millions	$ 7,842.250 Millions
Silicon Laboratories Inc	13.19	$ 584.188 Millions	$ 44.296 Millions
Peraso Inc	13.17	$ 14.533 Millions	$ 1.104 Millions
Q2 Holdings Inc	13.02	$ 695.481 Millions	$ 53.434 Millions
Nxp Semiconductors N v	12.90	$ 12,614.000 Millions	$ 977.500 Millions
Monolithic Power Systems Inc	12.80	$ 2,206.870 Millions	$ 172.385 Millions
Gdev Inc	12.76	$ 420.933 Millions	$ 32.993 Millions
Senseonics Holdings Inc	12.46	$ 21.533 Millions	$ 1.729 Millions
Coursera Inc	12.44	$ 694.413 Millions	$ 55.811 Millions
Airship Ai Holdings Inc	12.30	$ 23.050 Millions	$ 1.873 Millions
Ubiquiti Inc	12.27	$ 2,149.088 Millions	$ 175.090 Millions
Where Food Comes From Inc	12.24	$ 25.562 Millions	$ 2.089 Millions
8x8 Inc	12.16	$ 714.728 Millions	$ 58.766 Millions
Apptech Payments Corp	12.00	$ 0.276 Millions	$ 0.023 Millions
Sypris Solutions Inc	11.76	$ 139.890 Millions	$ 11.892 Millions

Date modified: 2026-09-08T15:22:14+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

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

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.