Cmg Holdings Group Inc 's ability to collect accounts receivable sequentially worsen to 1.53, pointing to a challenging and on top of that deteriorating business climate for the Advertising industry. Cmg Holdings Group Inc 's Accounts Receivable average collection period in the Sep 30 2024 quarter, has increased to 239 days, from 223 days, in the Jun 30 2024 quarter.

If we take a look into Services sector 106 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2024 from 543 to 602.

What is Receivable Turnover Ratio?
What is Cmg Holdings Group Inc Selling?

What is Receivable Turnover Ratio?

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CMGO Receivables Turnover Ratio	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter
Y / Y Receivable Change	7.35 %	7.2 %	7.65 %	2.13 %	15.92 %
Y / Y Revenue Change	-89.87 %	165.68 %	97.61 %	859.38 %	-83.96 %
Receivable Turnover Ratio (TTM)	1.53	1.64	1.34	1.27	0.48
CMGO's Total Ranking	# 602	# 543	# 2788	# 2930	# 3386
Accounts Receivable average collection period days	239	223	272	288	754
Seq. Receivable Change	2.31 %	1.14 %	1.97 %	1.73 %	2.17 %
Seq. Revenue Change	-98.26 %	169.38 %	-77.63 %	864.68 %	-54.3 %

Receivable Turnover Company Ranking
Within:	No.
Advertising Industry	# 8
Services Sector	# 107
Overall Market	# 602

Receivable Turnover Ratio Statistics
High	Average	Low
12.65	2.39	-1.1
(Mar 31 2015)		(Dec 31 2013)

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

Financial Statements
Cmg Holdings Group Inc 's Accounts Receivable	$ 2 Millions	Visit CMGO's Balance sheet
Cmg Holdings Group Inc 's Sales TTM	$ 3 Millions	Visit CMGO's Income Statement
Sources of CMGO's Revenues		Visit CMGO's Sales by Geography

Other Accounts Receivable Turnover Ratios
Advertising Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CMGO's Receivable Turnover Ratio versus Advertising Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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CMGO's Profitability Ratios	CMGO's Roi	CMGO's Asset Turnover Ratio	CMGO's Dividend Growth
CMGO's Valuation Ratios	CMGO's Roe	CMGO's Financial Strength Ratios	CMGO's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2024, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2024	Receivable at quarter ending Sep 30 2024
Reservoir Media inc	4.05	$ 141.186 Millions	$ 34.850 Millions
Mcgrath Rentcorp	4.03	$ 888.784 Millions	$ 220.306 Millions
Genpact Limited	4.02	$ 4,663.770 Millions	$ 1,159.348 Millions
Fair Isaac Corp	3.99	$ 1,717.526 Millions	$ 430.313 Millions
Amc Global Media Inc	3.87	$ 2,500.857 Millions	$ 646.087 Millions
Stride Inc	3.85	$ 2,110.568 Millions	$ 547.494 Millions
Msci Inc	3.82	$ 2,802.725 Millions	$ 734.615 Millions
National Cinemedia Inc	3.79	$ 245.300 Millions	$ 64.675 Millions
Rcm Technologies Inc	3.79	$ 271.840 Millions	$ 71.751 Millions
Mediaco Holding Inc	3.78	$ 69.296 Millions	$ 18.321 Millions
Stagwell Inc	3.75	$ 2,707.403 Millions	$ 722.524 Millions
Expedia Group Inc	3.71	$ 13,394.000 Millions	$ 3,606.750 Millions
Daily Journal Corporation	3.70	$ 69.931 Millions	$ 18.905 Millions
Maplebear Inc	3.67	$ 3,298.000 Millions	$ 899.000 Millions
Cbiz Inc	3.65	$ 1,678.074 Millions	$ 459.666 Millions
Urban One Inc	3.64	$ 452.891 Millions	$ 124.462 Millions
Clear Channel Outdoor Holdings Inc	3.53	$ 1,494.525 Millions	$ 423.606 Millions
Buzzfeed Inc	3.48	$ 190.331 Millions	$ 54.633 Millions
American Well Corporation	3.38	$ 254.035 Millions	$ 75.051 Millions
Array Digital Infrastructure Inc	3.28	$ 2,902.739 Millions	$ 884.750 Millions
Exponent Inc	3.28	$ 544.648 Millions	$ 166.183 Millions
Global Business Travel Group Inc	3.24	$ 2,381.000 Millions	$ 735.250 Millions
I3 Verticals Inc	3.24	$ 191.232 Millions	$ 59.073 Millions
Ziff Davis Inc	3.23	$ 1,378.750 Millions	$ 426.381 Millions
Fti Consulting Inc	3.22	$ 3,728.412 Millions	$ 1,158.651 Millions
Cineverse Corp	3.00	$ 45.005 Millions	$ 15.007 Millions
Acv Auctions Inc	3.00	$ 596.019 Millions	$ 198.901 Millions
Classover Holdings Inc	2.95	$ 12.591 Millions	$ 4.266 Millions
Cass Information Systems Inc	2.95	$ 186.339 Millions	$ 63.201 Millions
Addentax Group Corp	2.87	$ 4.639 Millions	$ 1.615 Millions

Date modified: 2026-09-08T15:11:23+00:00

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