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Ebix Inc  (EBIX)
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Ebix Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Ebix Inc's ability to collect accounts receivable sequentially worsen to 4.64, indicating more challenging environment then in the second quarter 2023, but still, it is a far cry from any concerns. Ebix Inc's Average receivable collection period in the Sep 30 2023 quarter, has increased to 79 days, from 66 days, in the Jun 30 2023 quarter.

If we take a look into Technology sector 400 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 1857 to 2090.

What is Receivable Turnover Ratio?
What is Ebix Inc Selling?


What is Receivable Turnover Ratio?




EBIX 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 0.12 % 1.28 % 5.87 % 0.6 % 6.47 %
Y / Y Revenue Change -53.77 % -52.78 % -15.19 % -4.35 % 34.51 %
Receivable Turnover Ratio (TTM) 4.64 5.51 6.37 6.74 6.82
EBIX's Total Ranking # 2090 # 1857 # 1402 # 1624 # 1434
Average receivable collection period 79 66 57 54 54
Seq. Receivable Change -4.21 % 1.53 % 4 % -1.01 % -3.1 %
Seq. Revenue Change 0.67 % -51.22 % -4.88 % -1.05 % 2.84 %


Receivable Turnover Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 65
Technology Sector # 401
Overall Market # 2090

Receivable Turnover Ratio Statistics
High Average Low
0.69 0.45 0.35
(Sep 30 2022)   (Jun 30 2020)






Financial Statements
Ebix Inc's Accounts Receivable $ 156 Millions Visit EBIX's Balance sheet
Ebix Inc's Sales TTM $ 736 Millions Visit EBIX's Income Statement
Where are EBIX's Sales coming from? Visit EBIX's Sales by Geography

Other Accounts Receivable Turnover Ratios
Cloud Computing & Data Analytics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
EBIX's Receivable Turnover Ratio versus Cloud Computing & Data Analytics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for EBIX's Competitors
Receivables Turnover Ratio for EBIX's Suppliers
Accounts Receivables Turnover Ratio for EBIX's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Sypris Solutions Inc   12.91 $ 130.260  Millions$ 10.091  Millions
Gopro Inc   12.74 $ 1,031.060  Millions$ 80.948  Millions
Leafly Holdings Inc   12.69 $ 44.218  Millions$ 3.484  Millions
Hp inc   12.60 $ 53,718.000  Millions$ 4,263.250  Millions
Pineapple Energy Inc   12.45 $ 72.838  Millions$ 5.848  Millions
Block Inc   12.45 $ 20,793.483  Millions$ 1,670.050  Millions
Oblong Inc   12.45 $ 3.759  Millions$ 0.302  Millions
Consensus Cloud Solutions Inc   12.19 $ 360.266  Millions$ 29.554  Millions
8x8 Inc   12.18 $ 737.215  Millions$ 60.533  Millions
Minim Inc   12.18 $ 33.136  Millions$ 2.721  Millions
Ubiquiti Inc   12.00 $ 1,904.523  Millions$ 158.688  Millions
Verifyme Inc   11.93 $ 26.303  Millions$ 2.204  Millions
Digitalocean Holdings Inc   11.90 $ 672.519  Millions$ 56.530  Millions
Data I  11.83 $ 28.461  Millions$ 2.406  Millions
Premier Inc   11.82 $ 1,339.998  Millions$ 113.406  Millions
Broadcom Inc   11.62 $ 35,819.000  Millions$ 3,083.250  Millions
Golden Matrix Group Inc   11.59 $ 44.174  Millions$ 3.810  Millions
Sharplink Gaming Ltd   11.57 $ 16.733  Millions$ 1.446  Millions
Gan Limited  11.54 $ 135.651  Millions$ 11.750  Millions
Marqeta Inc   11.52 $ 760.265  Millions$ 66.020  Millions
Everquote Inc   11.35 $ 320.524  Millions$ 28.248  Millions
Bumble Inc   11.30 $ 1,017.404  Millions$ 90.069  Millions
Mobileye Global inc   11.12 $ 2,861.000  Millions$ 257.250  Millions
Iveda Solutions Inc   10.92 $ 6.567  Millions$ 0.601  Millions
Netlist Inc  10.92 $ 55.149  Millions$ 5.050  Millions
Kyndryl Holdings Inc  10.83 $ 16,825.000  Millions$ 1,553.750  Millions
Upwork Inc   10.63 $ 666.371  Millions$ 62.688  Millions
Adobe Inc   10.58 $ 18,886.000  Millions$ 1,784.500  Millions
Spi Energy Co Ltd   10.55 $ 252.025  Millions$ 23.889  Millions
Taboola com Ltd   10.53 $ 2,418.561  Millions$ 229.652  Millions

Date modified: 2023-11-17T14:56:31+00:00



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