Carbonite Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2019 to a ratio of 9.19, above the company average. This is a clear sign of healthy business climate in the Cloud Computing & Data Analytics industry and improving liquidity at their respective customers, during the third quarter 2019. Average receivable collection period, for the Carbonite Inc in Sep 30 2019 quarter, has decreased to 40 days, compared to 42 days, in the Jun 30 2019 quarter.

If we take a look into Technology sector 467 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2019 from 1472 to 2499.

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What is Receivable Turnover Ratio?

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CARB Receivables Turnover Ratio	(Sep 30 2019) III. Quarter	(Jun 30 2019) II. Quarter	(Mar 31 2019) I. Quarter	(Dec 31 2018) IV. Quarter	(Sep 30 2018) III. Quarter
Y / Y Receivable Change	33.22 %	46.86 %	62.08 %	59.63 %	39.45 %
Y / Y Revenue Change	61.68 %	56.32 %	26.85 %	24.76 %	26.03 %
Receivable Turnover Ratio (TTM)	9.19	8.63	8.33	9.03	9.53
CARB's Total Ranking	# 2499	# 1472	# 1477	# 2444	# 2498
Accounts Receivable average collection period days	40	42	44	40	38
Seq. Receivable Change	-7.86 %	-6.71 %	42.38 %	8.86 %	1.57 %
Seq. Revenue Change	3.36 %	49.62 %	5.52 %	-0.92 %	-0.07 %

Receivable Turnover Company Ranking
Within:	No.
Cloud Computing & Data Analytics Industry	# 72
Technology Sector	# 468
Overall Market	# 2499

Receivable Turnover Ratio Statistics
High	Average	Low
1.43	0.76	0
(Sep 30 2016)		(Dec 31 2016)

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

Financial Statements
Carbonite Inc 's Accounts Receivable	$ 43 Millions	Visit CARB's Balance sheet
Carbonite Inc 's Sales TTM	$ 405 Millions	Visit CARB's Income Statement
Sources of CARB's Revenues		Visit CARB'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
CARB'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

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

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2019, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2019	Receivable at quarter ending Sep 30 2019
Digerati Technologies Inc	24.83	$ 6.107 Millions	$ 0.246 Millions
Datavault Ai Inc	23.22	$ 1.563 Millions	$ 0.067 Millions
Optileaf Inc	22.54	$ 0.079 Millions	$ 0.003 Millions
Intuit Inc	22.53	$ 6,933.000 Millions	$ 307.750 Millions
Sharpspring Inc	22.49	$ 21.719 Millions	$ 0.966 Millions
Oracle Corporation	22.20	$ 93,905.000 Millions	$ 4,230.500 Millions
Electronic Servitor Publication Network Inc	21.25	$ 0.908 Millions	$ 0.043 Millions
Kustom Entertainment Inc	21.16	$ 10.399 Millions	$ 0.491 Millions
Nxp Semiconductors N v	19.90	$ 15,983.000 Millions	$ 803.000 Millions
Sonos Inc	19.47	$ 1,260.823 Millions	$ 64.753 Millions
Power Integrations Inc	19.28	$ 399.519 Millions	$ 20.726 Millions
Vpr Brands Lp	18.91	$ 5.460 Millions	$ 0.289 Millions
Apx Group Holdings Inc	18.74	$ 1,124.688 Millions	$ 60.026 Millions
Momentous Holdings Corporation	18.49	$ 0.284 Millions	$ 0.015 Millions
Sysorex Inc	17.96	$ 4.040 Millions	$ 0.225 Millions
Kinerjapay Corp	17.86	$ 2.653 Millions	$ 0.149 Millions
Zix Corp	17.66	$ 141.497 Millions	$ 8.011 Millions
Artificial Intelligence Technology Solutions Inc	17.10	$ 0.916 Millions	$ 0.054 Millions
8x8 Inc	16.71	$ 389.871 Millions	$ 23.338 Millions
Isign Solutions Inc	15.64	$ 0.919 Millions	$ 0.059 Millions
Upay Inc	15.54	$ 1.294 Millions	$ 0.083 Millions
Gresham Worldwide Inc	15.53	$ 11.951 Millions	$ 0.770 Millions
Infinite Group Inc	15.50	$ 6.990 Millions	$ 0.451 Millions
Internap Corp	15.27	$ 297.814 Millions	$ 19.504 Millions
Metalert Inc	15.25	$ 1.373 Millions	$ 0.090 Millions
Immersion Corporation	15.06	$ 35.356 Millions	$ 2.347 Millions
Data Storage Corporation	14.73	$ 7.675 Millions	$ 0.521 Millions
Audioeye Inc	14.63	$ 8.980 Millions	$ 0.614 Millions
Shutterstock inc	14.55	$ 646.224 Millions	$ 44.411 Millions
Phunware Inc	14.42	$ 47.345 Millions	$ 3.283 Millions

Date modified: 2026-08-29T14:54:29+00:00

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