Change Healthcare Inc. Receivables Turnover Ratio (CHNG), from the first quarter 2023 to the first quarter 2022 current and historic results, rankings and more - CSIMarket
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Change Healthcare Inc.  (NASDAQ: CHNG)
 

Change Healthcare Accounts Receivables Turnover Ratio from the first quarter 2023 to the first quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Change Healthcare Inc.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2023 to a ratio of 4.78, 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 first quarter 2023. Average receivable collection period, for the Change Healthcare in Jun 30 2022 quarter, has decreased to 76 days, compared to 77 days, in the Mar 31 2022 quarter.

If we take a look into Technology sector 497 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2570, from overall ranking in the fourth quarter 2022 at 2625.

What is Receivable Turnover Ratio?
What is Change Healthcare Inc. Selling?


What is Receivable Turnover Ratio?





CHNG Receivables Turnover Ratio (Jun 30 2022)
I. Quarter
(Mar 31 2022)
IV. Quarter
(Dec 31 2021)
III. Quarter
(Sep 30 2021)
II. Quarter
(Jun 30 2021)
I. Quarter
Y / Y Receivable Change -3.6 % -1.71 % 11.98 % 12.38 % 18.68 %
Y / Y Revenue Change 1.91 % 7.6 % 10.31 % 9.37 % 25.02 %
Receivable Turnover Ratio (TTM) 4.78 4.72 4.61 4.63 4.66
CHNG's Total Ranking # 2570 # 2625 # 2517 # 2714 # 2569
Accounts Receivable average collection period days 76 77 79 79 78
Seq. Receivable Change -0.34 % -7.86 % 10.92 % -5.36 % 1.62 %
Seq. Revenue Change -3.88 % 6.24 % 4.75 % -4.73 % 1.48 %


Receivable Turnover Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 79
Technology Sector # 498
Overall Market # 2570

Receivable Turnover Ratio Statistics
High Average Low
0.51 0.35 0.14
(Mar 31 2013)   (Jun 30 2020)






Financial Statements
Change Healthcare's Accounts Receivable $ 718 Millions Visit CHNG's Balance sheet
Change Healthcare's Sales TTM $ 3,497 Millions Visit CHNG's Income Statement
Sources of CHNG's Revenues Visit CHNG'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
CHNG'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
CHNG's Growth Rates CHNG's Roa CHNG's Inventory Turnover Ratio CHNG's Dividend Comparisons
CHNG's Profitability Ratios CHNG's Roi CHNG's Asset Turnover Ratio CHNG's Dividend Growth
CHNG's Valuation Ratios CHNG's Roe CHNG's Financial Strength Ratios CHNG's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2022, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2022 Receivable at quarter ending Jun 30 2022
Odysight ai Inc   13.17 $ 0.461  Millions$ 0.035  Millions
Alpha And Omega Semiconductor Limited  13.07 $ 777.552  Millions$ 59.514  Millions
Nxp Semiconductors N v   12.90 $ 12,348.000  Millions$ 957.500  Millions
Powerschool Holdings Inc   12.83 $ 753.893  Millions$ 58.756  Millions
Us Nuclear Corp  12.80 $ 2.289  Millions$ 0.179  Millions
Broadcom Inc   12.76 $ 31,680.000  Millions$ 2,483.250  Millions
8x8 Inc   12.75 $ 677.423  Millions$ 53.115  Millions
Immersion Corporation  12.70 $ 32.211  Millions$ 2.536  Millions
Mobilesmith Inc.  12.65 $ 1.382  Millions$ 0.109  Millions
Nixxy Inc   12.47 $ 28.620  Millions$ 2.295  Millions
Hp inc   12.44 $ 64,857.000  Millions$ 5,213.500  Millions
Benefitfocus Inc   12.33 $ 254.942  Millions$ 20.676  Millions
Advanced Micro Devices Inc  12.28 $ 27,574.000  Millions$ 2,245.000  Millions
Nerdwallet Inc   12.23 $ 630.790  Millions$ 51.559  Millions
Ubiquiti Inc   12.23 $ 1,691.692  Millions$ 138.331  Millions
Playstudios Inc   12.22 $ 289.643  Millions$ 23.710  Millions
Turtle Beach Corporation  12.12 $ 282.699  Millions$ 23.327  Millions
Digitalocean Holdings Inc   12.10 $ 492.299  Millions$ 40.677  Millions
Pitney Bowes Inc  12.04 $ 3,657.598  Millions$ 303.708  Millions
Zw Data Action Technologies Inc   11.78 $ 38.978  Millions$ 3.309  Millions
Blacksky Technology Inc  11.78 $ 48.424  Millions$ 4.111  Millions
Sunpower Corp  11.70 $ 1,474.976  Millions$ 126.092  Millions
Red Violet Inc   11.68 $ 48.149  Millions$ 4.124  Millions
Aspen Technology inc   11.67 $ 733.427  Millions$ 62.869  Millions
Q2 Holdings Inc   11.64 $ 533.007  Millions$ 45.786  Millions
Icoreconnect Inc   11.58 $ 7.326  Millions$ 0.633  Millions
Activision Blizzard inc   11.50 $ 7,644.000  Millions$ 664.750  Millions
Bridgeline Digital Inc   11.31 $ 16.713  Millions$ 1.478  Millions
Semtech Corp  11.25 $ 796.885  Millions$ 70.821  Millions
Qualcomm Inc  11.20 $ 42,141.000  Millions$ 3,761.500  Millions

Date modified: 2026-09-08T15:10:40+00:00



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