Cynergistek Inc.'s ability to collect accounts receivable sequentially worsen to 6.37, indicating more challenging environment then in the first quarter 2022, but still, it is a far cry from any concerns. Cynergistek's Accounts Receivable average collection period in the Jun 30 2022 quarter, has increased to 57 days, from 54 days, in the Mar 31 2022 quarter.

If we take a look into Services sector 452 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2022 from 1554 to 3213.

What is Receivable Turnover Ratio?
What is Cynergistek Inc. Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

CTEK Receivables Turnover Ratio	(Jun 30 2022) II. Quarter	(Mar 31 2022) I. Quarter	(Dec 31 2021) IV. Quarter	(Sep 30 2021) III. Quarter	(Jun 30 2021) II. Quarter
Y / Y Receivable Change	24.65 %	-1.09 %	-3.03 %	-6.69 %	-5.34 %
Y / Y Revenue Change	1.76 %	11.67 %	-5.71 %	-15.04 %	-14.97 %
Receivable Turnover Ratio (TTM)	6.37	6.73	6.52	6.58	6.73
CTEK's Total Ranking	# 3213	# 1554	# 1752	# 3211	#
Accounts Receivable average collection period days	57	54	56	56	54
Seq. Receivable Change	26.63 %	-2.75 %	5.28 %	-3.87 %	0.49 %
Seq. Revenue Change	-15.39 %	5.26 %	15.73 %	-1.28 %	-7.15 %

Receivable Turnover Company Ranking
Within:	No.
Professional Services Industry	# 100
Services Sector	# 453
Overall Market	# 3213

Receivable Turnover Ratio Statistics
High	Average	Low
8.33	6.28	3.79
(Mar 31 2016)		(Sep 30 2021)

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

Financial Statements
Cynergistek's Accounts Receivable	$ 3 Millions	Visit CTEK's Balance sheet
Cynergistek's Sales TTM	$ 17 Millions	Visit CTEK's Income Statement
Sources of CTEK's Revenues		Visit CTEK's Sales by Geography

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

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

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2022, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2022	Receivable at quarter ending Jun 30 2022
Divall Insured Income Properties 2 Limited Partnership	14.73	$ 2.077 Millions	$ 0.141 Millions
Liberty Media Corporation	14.65	$ 12,097.000 Millions	$ 826.000 Millions
Rollins Inc	14.55	$ 2,555.271 Millions	$ 175.680 Millions
Konatel Inc	14.45	$ 16.879 Millions	$ 1.168 Millions
Radius Global Infrastructure Inc	14.35	$ 119.631 Millions	$ 8.338 Millions
Crexendo Inc	14.35	$ 34.810 Millions	$ 2.426 Millions
H egh Lng Partners Lp	14.35	$ 143.425 Millions	$ 9.997 Millions
Mgm Resorts International	14.32	$ 11,883.628 Millions	$ 829.688 Millions
Aircastle Limited	14.23	$ 1,027.181 Millions	$ 72.163 Millions
Prog Holdings Inc	14.20	$ 2,656.856 Millions	$ 187.097 Millions
Biglari Holdings Inc	14.10	$ 358.770 Millions	$ 25.441 Millions
Avis Budget Group Inc	13.89	$ 11,246.000 Millions	$ 809.500 Millions
Cogent Communications Holdings inc	13.80	$ 592.766 Millions	$ 42.960 Millions
Fat Brands Inc	13.77	$ 304.137 Millions	$ 22.093 Millions
Visa Inc	13.68	$ 27,971.000 Millions	$ 2,044.000 Millions
Hfactor Inc	13.43	$ 1.948 Millions	$ 0.145 Millions
Wideopenwest Inc	13.38	$ 712.700 Millions	$ 53.250 Millions
Matson inc	13.38	$ 4,765.200 Millions	$ 356.075 Millions
Covista inc	13.34	$ 1,446.379 Millions	$ 108.414 Millions
Six Flags Entertainment Corporation	13.34	$ 1,712.666 Millions	$ 128.432 Millions
Envestnet inc	13.20	$ 1,262.889 Millions	$ 95.671 Millions
Mcdonald s Corporation	13.09	$ 23,594.400 Millions	$ 1,802.925 Millions
Driveitaway Holdings Inc	13.08	$ 0.658 Millions	$ 0.050 Millions
Sirius Xm Holdings Inc	12.99	$ 8,918.000 Millions	$ 686.750 Millions
Accolade Inc	12.94	$ 336.022 Millions	$ 25.976 Millions
Adm Endeavors Inc	12.79	$ 6.489 Millions	$ 0.507 Millions
Kennedy wilson Holdings Inc	12.61	$ 506.600 Millions	$ 40.175 Millions
Tejon Ranch Co	12.60	$ 58.210 Millions	$ 4.618 Millions
Playa Hotels and Resorts N v	12.54	$ 768.931 Millions	$ 61.314 Millions
Lumen Technologies inc	12.22	$ 19,022.000 Millions	$ 1,557.000 Millions

Date modified: 2026-08-29T17:31:44+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.