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Credo Technology Group Holding Ltd  (CRDO)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

Credo Technology Group Holding Ltd Accounts Receivables Turnover Ratio from the third quarter 2024 to the third quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Credo Technology Group Holding Ltd's ability to collect accounts receivable sequentially worsen to 4.2, pointing to a challenging and on top of that deteriorating business climate for the Semiconductors industry. Credo Technology Group Holding Ltd's Average receivable collection period in the Jan 27 2024 quarter, has increased to 87 days, from 85 days, in the Oct 28 2023 quarter.

If we take a look into Technology sector 250 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1492, from overall ranking in the second quarter 2024 at 2047.

What is Receivable Turnover Ratio?
What is Credo Technology Group Holding Ltd Selling?


What is Receivable Turnover Ratio?




CRDO Receivables Turnover Ratio (Jan 27 2024)
III. Quarter
(Oct 28 2023)
II. Quarter
(Jul 29 2023)
I. Quarter
(Apr 29 2023)
IV. Quarter
(Jan 28 2023)
III. Quarter
Y / Y Receivable Change 3.69 % -36.79 % -48.94 % 67.8 % 99 %
Y / Y Revenue Change -3.15 % -16.06 % -25.13 % -57.03 % 70.66 %
Receivable Turnover Ratio (TTM) 4.2 4.28 4 3.7 5.06
CRDO's Total Ranking # 1492 # 2047 # 2100 # 2353 # 2087
Average receivable collection period 87 85 91 99 72
Seq. Receivable Change 36.78 % 17.01 % -43.55 % 14.76 % -16.61 %
Seq. Revenue Change 21.9 % 23.94 % 8.42 % -40.87 % 5.65 %


Receivable Turnover Company Ranking
Within: No.
Semiconductors Industry # 44
Technology Sector # 251
Overall Market # 1492

Receivable Turnover Ratio Statistics
High Average Low
5.86 4.61 3.7
(Jan 31 2022)   (Apr 29 2023)






Financial Statements
Credo Technology Group Holding Ltd's Accounts Receivable $ 45 Millions Visit CRDO's Balance sheet
Credo Technology Group Holding Ltd's Sales TTM $ 163 Millions Visit CRDO's Income Statement
Where are CRDO's Sales coming from? Visit CRDO's Sales by Geography

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

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jan 27 2024, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Jan 27 2024 Receivable at quarter ending Jan 27 2024
Stmicroelectronics N v   9.99 $ 17,286.000  Millions$ 1,731.000  Millions
Seagate Technology Holdings Plc  9.93 $ 6,471.000  Millions$ 651.750  Millions
Five9 Inc   9.88 $ 909.798  Millions$ 92.102  Millions
Silicon Laboratories inc   9.85 $ 781.586  Millions$ 79.347  Millions
Electronic Arts Inc   9.83 $ 7,657.000  Millions$ 778.750  Millions
Lgl Group Inc  9.74 $ 3.678  Millions$ 0.378  Millions
Applied Dna Sciences inc   9.73 $ 8.162  Millions$ 0.839  Millions
Marqeta Inc   9.68 $ 675.514  Millions$ 69.799  Millions
Oblong Inc   9.57 $ 2.911  Millions$ 0.304  Millions
Upwork Inc   9.53 $ 688.686  Millions$ 72.231  Millions
Doubledown Interactive Co Ltd   9.50 $ 308.864  Millions$ 32.517  Millions
Mind Cti Ltd  9.42 $ 21.612  Millions$ 2.295  Millions
Coursera Inc   9.37 $ 634.771  Millions$ 67.733  Millions
Blackbaud Inc   9.33 $ 1,105.244  Millions$ 118.445  Millions
Carecloud Inc   9.19 $ 117.059  Millions$ 12.740  Millions
D wave Quantum Inc   9.17 $ 8.622  Millions$ 0.940  Millions
Jabil Inc  9.13 $ 33,454.000  Millions$ 3,663.500  Millions
Atlassian Corporation  9.06 $ 3,892.443  Millions$ 429.666  Millions
Texas Instruments Incorporated  9.02 $ 17,519.000  Millions$ 1,942.000  Millions
Blackboxstocks Inc   8.99 $ 2.440  Millions$ 0.271  Millions
Roblox Corporation  8.96 $ 2,941.092  Millions$ 328.421  Millions
On Semiconductor Corporation  8.88 $ 8,252.500  Millions$ 929.725  Millions
Super Micro Computer Inc   8.88 $ 9,250.700  Millions$ 1,042.254  Millions
Cadence Design Systems Inc   8.87 $ 4,089.986  Millions$ 461.220  Millions
R1 Rcm Inc   8.86 $ 2,254.200  Millions$ 254.400  Millions
Presto Automation inc   8.82 $ 18.641  Millions$ 2.113  Millions
Alkami Technology Inc   8.77 $ 266.237  Millions$ 30.360  Millions
Truecar inc   8.76 $ 158.706  Millions$ 18.114  Millions
Meridianlink inc   8.73 $ 303.126  Millions$ 34.728  Millions
Factset Research Systems Inc   8.68 $ 2,122.909  Millions$ 244.546  Millions

Date modified: 2024-02-29T15:53:37+00:00



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