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Climb Global Solutions inc   (CLMB)
Other Ticker:  
 
    Sector  Retail    Industry Technology Retail
   Industry Technology Retail
   Sector  Retail
 

Climb Global Solutions Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Climb Global Solutions Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 2.49, this is below the company average, and notable indication of worsening business environment. Average collection period, for Climb Global Solutions Inc 's accounts receivable remained unchanged at 147 days, in the Sep 30 2023 quarter.

If we take a look into Retail sector 172 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 2854 to 3313.

What is Receivable Turnover Ratio?
What is Climb Global Solutions Inc Selling?


What is Receivable Turnover Ratio?




CLMB 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 1.05 % 13.1 % 10.54 % 26.2 % 27.04 %
Y / Y Revenue Change 2.64 % 20.38 % 19.24 % 17.74 % 10.67 %
Receivable Turnover Ratio (TTM) 2.49 2.48 2.44 2.39 2.44
CLMB's Total Ranking # 3313 # 2854 # 128 # 2580 # 1051
Average receivable collection period 147 147 149 153 150
Seq. Receivable Change -2.84 % 2.88 % -18.25 % 23.66 % 8.75 %
Seq. Revenue Change -4.19 % -3.94 % -4.35 % 16.58 % 12.37 %


Receivable Turnover Company Ranking
Within: No.
Technology Retail Industry # 4
Retail Sector # 173
Overall Market # 3313

Receivable Turnover Ratio Statistics
High Average Low
6.79 4.07 2.28
(June 30. 2016)   (Dec 31 2018)






Financial Statements
Climb Global Solutions Inc 's Accounts Receivable $ 126 Millions Visit CLMB's Balance sheet
Climb Global Solutions Inc 's Sales TTM $ 334 Millions Visit CLMB's Income Statement
Where are CLMB's Sales coming from? Visit CLMB's Sales by Geography

Other Accounts Receivable Turnover Ratios
Technology Retail Industry Accounts Receivable Turnover Trends and Statistics
Retail Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CLMB's Receivable Turnover Ratio versus Technology Retail Industry, Retail Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for CLMB's Competitors
Receivables Turnover Ratio for CLMB's Suppliers
Accounts Receivables Turnover Ratio for CLMB's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Retail Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
W w Grainger Inc   7.01 $ 16,283.000  Millions$ 2,322.250  Millions
Ipower Inc   6.54 $ 89.388  Millions$ 13.675  Millions
Fastenal Co  6.47 $ 7,283.300  Millions$ 1,126.400  Millions
Petiq Inc   6.39 $ 1,065.040  Millions$ 166.645  Millions
Resideo Technologies Inc   6.24 $ 6,265.000  Millions$ 1,004.500  Millions
Evgo Inc   6.23 $ 137.759  Millions$ 22.123  Millions
Core and Main Inc   5.90 $ 6,636.000  Millions$ 1,124.750  Millions
Kaival Brands Innovations Group Inc   5.66 $ 13.087  Millions$ 2.311  Millions
Copart Inc   5.47 $ 3,996.562  Millions$ 731.139  Millions
Scansource Inc   5.11 $ 3,719.262  Millions$ 727.231  Millions
Pc Connection Inc   4.75 $ 2,886.431  Millions$ 607.197  Millions
Cdw Corp  4.45 $ 21,795.200  Millions$ 4,901.375  Millions
Bimi International Medical Inc   4.10 $ 18.089  Millions$ 4.407  Millions
Insight Enterprises Inc   2.88 $ 9,440.361  Millions$ 3,274.412  Millions
Conn s Inc   2.80 $ 1,453.984  Millions$ 518.674  Millions
Climb Global Solutions inc   2.49 $ 333.912  Millions$ 134.335  Millions
Cosmos Health Inc   1.97 $ 49.588  Millions$ 25.123  Millions
Carmax Inc   1.60 $ 26,989.348  Millions$ 16,866.671  Millions
America s Car mart Inc   1.32 $ 1,438.383  Millions$ 1,088.419  Millions
Openlane inc   0.60 $ 1,626.600  Millions$ 2,700.400  Millions

Date modified: 2023-11-02T20:09:56+00:00



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