Counterpath Corp's ability to collect accounts receivable sequentially worsen to 6.82, indicating more challenging environment then in the first quarter 2021, but still, it is a far cry from any concerns. Counterpath's Accounts Receivable average collection period in the Oct 31 2020 quarter, has increased to 54 days, from 52 days, in the Jul 31 2020 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 824, from overall ranking in the first quarter 2021 at 1846.

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What is Receivable Turnover Ratio?

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CPAH Receivables Turnover Ratio	(Oct 31 2020) II. Quarter	(Jul 31 2020) I. Quarter	(Apr 30 2020) IV. Quarter	(Jan 31 2020) III. Quarter	(Oct 31 2019) II. Quarter
Y / Y Receivable Change	50.52 %	17.6 %	36.06 %	-37.58 %	-34.19 %
Y / Y Revenue Change	33.73 %	33.24 %	41.92 %	7.62 %	10.64 %
Receivable Turnover Ratio (TTM)	6.82	7.01	6.82	6.8	5.9
CPAH's Total Ranking	# 824	# 1846	# 812	# 1237	# 1905
Accounts Receivable average collection period days	54	52	53	54	62
Seq. Receivable Change	12.91 %	-22.99 %	83.39 %	-5.61 %	-11.79 %
Seq. Revenue Change	5.33 %	-15.16 %	45.14 %	3.11 %	4.94 %

Receivable Turnover Company Ranking
Within:	No.
Software & Programming Industry	# 29
Technology Sector	# 127
Overall Market	# 824

Receivable Turnover Ratio Statistics
High	Average	Low
1.05	0.85	0.53
(Oct 31 2020)		(Dec. 30, 2013)

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

Financial Statements
Counterpath's Accounts Receivable	$ 2 Millions	Visit CPAH's Balance sheet
Counterpath's Sales TTM	$ 14 Millions	Visit CPAH's Income Statement
Sources of CPAH's Revenues		Visit CPAH'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
CPAH'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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CPAH's Growth Rates	CPAH's Roa	CPAH's Inventory Turnover Ratio	CPAH's Dividend Comparisons
CPAH's Profitability Ratios	CPAH's Roi	CPAH's Asset Turnover Ratio	CPAH's Dividend Growth
CPAH's Valuation Ratios	CPAH's Roe	CPAH's Financial Strength Ratios	CPAH's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Oct 31 2020, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Oct 31 2020	Receivable at quarter ending Oct 31 2020
Zix Corp	16.43	$ 210.990 Millions	$ 12.839 Millions
Zw Data Action Technologies Inc	16.06	$ 45.656 Millions	$ 2.843 Millions
Focus Universal Inc	15.99	$ 1.754 Millions	$ 0.110 Millions
Leaf Group Ltd	15.95	$ 192.191 Millions	$ 12.049 Millions
Mobivity Holdings Corp	15.74	$ 13.220 Millions	$ 0.840 Millions
Upay Inc	15.54	$ 1.135 Millions	$ 0.073 Millions
Kustom Entertainment Inc	15.46	$ 10.167 Millions	$ 0.658 Millions
Cyren Ltd	15.40	$ 37.473 Millions	$ 2.433 Millions
Datavault Ai Inc	15.16	$ 1.796 Millions	$ 0.119 Millions
Zerify Inc	15.05	$ 0.319 Millions	$ 0.021 Millions
Streamline Health Solutions Inc	14.74	$ 19.190 Millions	$ 1.302 Millions
Sharpspring Inc	14.73	$ 27.762 Millions	$ 1.885 Millions
Isign Solutions Inc	14.64	$ 0.864 Millions	$ 0.059 Millions
Fdctech Inc	14.33	$ 0.264 Millions	$ 0.018 Millions
Nixxy Inc	13.98	$ 8.075 Millions	$ 0.578 Millions
Shutterstock inc	13.79	$ 652.113 Millions	$ 47.300 Millions
Match Group Inc	13.64	$ 2,287.029 Millions	$ 167.715 Millions
Firefly Neuroscience Inc	13.47	$ 12.903 Millions	$ 0.958 Millions
R1 Rcm Inc	13.27	$ 1,256.400 Millions	$ 94.700 Millions
Qxo Inc	13.17	$ 37.388 Millions	$ 2.838 Millions
Icoreconnect Inc	13.12	$ 1.712 Millions	$ 0.131 Millions
Gresham Worldwide Inc	12.97	$ 11.475 Millions	$ 0.885 Millions
Dna X Inc	12.96	$ 84.741 Millions	$ 6.538 Millions
Bridgeline Digital Inc	12.74	$ 10.907 Millions	$ 0.856 Millions
Grom Social Enterprises Inc	12.50	$ 6.500 Millions	$ 0.520 Millions
8x8 Inc	12.37	$ 490.985 Millions	$ 39.685 Millions
Sciplay Corporation	12.36	$ 548.000 Millions	$ 44.325 Millions
Q2 Holdings Inc	12.21	$ 380.605 Millions	$ 31.184 Millions
Monolithic Power Systems Inc	12.17	$ 778.147 Millions	$ 63.929 Millions
Netlist Inc	12.13	$ 45.119 Millions	$ 3.720 Millions

Date modified: 2026-08-29T17:12:27+00:00

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