Benefitfocus Inc 's ability to collect accounts receivable sequentially worsen to 11.08, indicating more challenging environment then in the second quarter 2022, but still, it is a far cry from any concerns. Benefitfocus Inc 's Accounts Receivable average collection period in the Sep 30 2022 quarter, has increased to 33 days, from 30 days, in the Jun 30 2022 quarter.

If we take a look into Technology sector 126 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 986, from overall ranking in the second quarter 2022 at 1142.

What is Receivable Turnover Ratio?
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What is Receivable Turnover Ratio?

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BNFT Receivables Turnover Ratio	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter	(Mar 31 2022) I. Quarter	(Dec 31 2021) IV. Quarter	(Sep 30 2021) III. Quarter
Y / Y Receivable Change	35.5 %	6.97 %	-4.05 %	-25.85 %	-31.88 %
Y / Y Revenue Change	-9.41 %	-7.09 %	-5.9 %	-1.48 %	-2.45 %
Receivable Turnover Ratio (TTM)	11.08	12.33	12.76	12.8	12.01
BNFT's Total Ranking	# 986	# 1142	# 986	# 984	# 1229
Accounts Receivable average collection period days	33	30	29	29	30
Seq. Receivable Change	23.53 %	-4.94 %	42.53 %	-19.03 %	-2.48 %
Seq. Revenue Change	-0.7 %	-7.58 %	-18.48 %	21.08 %	1.84 %

Receivable Turnover Company Ranking
Within:	No.
Software & Programming Industry	# 30
Technology Sector	# 127
Overall Market	# 986

Receivable Turnover Ratio Statistics
High	Average	Low
1.51	1.08	0.74
(Dec 31 2017)		(Mar 31 2021)

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

Financial Statements
Benefitfocus Inc 's Accounts Receivable	$ 28 Millions	Visit BNFT's Balance sheet
Benefitfocus Inc 's Sales TTM	$ 249 Millions	Visit BNFT's Income Statement
Sources of BNFT's Revenues		Visit BNFT'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
BNFT'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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BNFT's Profitability Ratios	BNFT's Roi	BNFT's Asset Turnover Ratio	BNFT's Dividend Growth
BNFT's Valuation Ratios	BNFT's Roe	BNFT's Financial Strength Ratios	BNFT's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2022, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2022	Receivable at quarter ending Sep 30 2022
Ipsidy Inc	24.78	$ 2.468 Millions	$ 0.100 Millions
Power Integrations Inc	24.08	$ 699.022 Millions	$ 29.027 Millions
Weave Communications Inc	23.55	$ 74.130 Millions	$ 3.148 Millions
Toast Inc	22.97	$ 1,475.621 Millions	$ 64.250 Millions
Data443 Risk Mitigation Inc	22.33	$ 2.794 Millions	$ 0.125 Millions
Vpr Brands Lp	21.55	$ 4.858 Millions	$ 0.225 Millions
Paycor Hcm Inc	21.43	$ 454.958 Millions	$ 21.228 Millions
Leafly Holdings Inc	21.28	$ 47.328 Millions	$ 2.224 Millions
King Resources, Inc.	21.22	$ 0.483 Millions	$ 0.023 Millions
Franklin Wireless Corp	20.27	$ 28.763 Millions	$ 1.419 Millions
Snap One Holdings Corp	20.24	$ 1,129.067 Millions	$ 55.779 Millions
Upay Inc	20.11	$ 1.462 Millions	$ 0.073 Millions
Ziprecruiter Inc	19.93	$ 961.448 Millions	$ 48.243 Millions
Oracle Corporation	19.89	$ 104,124.000 Millions	$ 5,235.000 Millions
Playtika Holding Corp	19.51	$ 2,633.300 Millions	$ 134.975 Millions
Gopro Inc	19.08	$ 1,163.669 Millions	$ 61.004 Millions
Phunware Inc	19.07	$ 22.422 Millions	$ 1.176 Millions
George Risk Industries Inc	19.04	$ 19.669 Millions	$ 1.033 Millions
Datavault Ai Inc	18.83	$ 4.449 Millions	$ 0.236 Millions
Tucows Inc	18.30	$ 324.709 Millions	$ 17.739 Millions
Soundhound Ai Inc	18.21	$ 17.319 Millions	$ 0.951 Millions
Engagesmart Inc	18.14	$ 281.620 Millions	$ 15.527 Millions
Metalert Inc	17.89	$ 0.348 Millions	$ 0.019 Millions
Block Inc	17.76	$ 16,959.219 Millions	$ 955.156 Millions
Match Group Inc	17.68	$ 3,208.760 Millions	$ 181.456 Millions
Us Nuclear Corp	17.59	$ 2.223 Millions	$ 0.126 Millions
Marqeta Inc	17.54	$ 699.811 Millions	$ 39.891 Millions
Qxo Inc	17.53	$ 43.062 Millions	$ 2.456 Millions
Blacksky Technology Inc	17.33	$ 72.081 Millions	$ 4.160 Millions
Bumble Inc	16.98	$ 872.513 Millions	$ 51.371 Millions

Date modified: 2026-08-29T17:23:57+00:00

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