Forgerock Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2023 to a ratio of 4.8, above the company average. This is a clear sign of healthy business climate in the Software & Programming industry and improving liquidity at their respective customers, during the second quarter 2023. Average receivable collection period, for the Forgerock Inc in Jun 30 2023 quarter, has decreased to 76 days, compared to 78 days, in the Mar 31 2023 quarter.

If we take a look into Technology sector 400 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2083, from overall ranking in the first quarter 2023 at 2949.

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

What is Receivable Turnover Ratio?

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FORG Receivables Turnover Ratio	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter
Y / Y Receivable Change	10.9 %	25.16 %	27.57 %	-7.66 %	28767.3 %
Y / Y Revenue Change	21.99 %	31.29 %	32.6 %	31.64 %	8.47 %
Receivable Turnover Ratio (TTM)	4.8	4.7	4.62	4.67	4.28
FORG's Total Ranking	# 2083	# 2949	# 2080	# 2083	# 2896
Accounts Receivable average collection period days	76	78	79	78	85
Seq. Receivable Change	8.08 %	-34.07 %	114.49 %	-27.43 %	21.98 %
Seq. Revenue Change	-7.89 %	-0.6 %	9.11 %	22.11 %	-0.86 %

Receivable Turnover Company Ranking
Within:	No.
Software & Programming Industry	# 115
Technology Sector	# 401
Overall Market	# 2083

Receivable Turnover Ratio Statistics
High	Average	Low
0.52	0.38	0.2
(Jun 30 2023)		(Jun 30 2022)

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

Financial Statements
Forgerock Inc 's Accounts Receivable	$ 51 Millions	Visit FORG's Balance sheet
Forgerock Inc 's Sales TTM	$ 243 Millions	Visit FORG's Income Statement
Sources of FORG's Revenues		Visit FORG'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
FORG'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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FORG's Growth Rates	FORG's Roa	FORG's Inventory Turnover Ratio	FORG's Dividend Comparisons
FORG's Profitability Ratios	FORG's Roi	FORG's Asset Turnover Ratio	FORG's Dividend Growth
FORG's Valuation Ratios	FORG's Roe	FORG's Financial Strength Ratios	FORG's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2023, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2023	Receivable at quarter ending Jun 30 2023
Datavault Ai Inc	13.13	$ 2.747 Millions	$ 0.209 Millions
Sciplay Corporation	13.11	$ 729.200 Millions	$ 55.625 Millions
Jingbo Technology Inc	13.03	$ 3.723 Millions	$ 0.286 Millions
Soundhound Ai Inc	13.02	$ 40.342 Millions	$ 3.099 Millions
Sidechannel Inc	12.96	$ 9.702 Millions	$ 0.749 Millions
Electronic Systems Technology Inc	12.90	$ 1.911 Millions	$ 0.148 Millions
Nxp Semiconductors N v	12.84	$ 13,177.000 Millions	$ 1,026.000 Millions
Sypris Solutions Inc	12.74	$ 122.459 Millions	$ 9.609 Millions
Block Inc	12.63	$ 19,691.531 Millions	$ 1,559.345 Millions
Lottery com Inc	12.51	$ 2.539 Millions	$ 0.203 Millions
Hp inc	12.43	$ 54,665.000 Millions	$ 4,399.000 Millions
Bumble Inc	12.38	$ 974.533 Millions	$ 78.698 Millions
8x8 Inc	12.36	$ 739.605 Millions	$ 59.854 Millions
Wm Technology Inc	12.33	$ 198.644 Millions	$ 16.113 Millions
Consensus Cloud Solutions Inc	12.12	$ 362.334 Millions	$ 29.891 Millions
Intrusion Inc	12.06	$ 6.413 Millions	$ 0.532 Millions
Blacksky Technology Inc	12.02	$ 74.076 Millions	$ 6.162 Millions
Verifyme Inc	12.02	$ 25.914 Millions	$ 2.156 Millions
TANCHENG GROUP CO., LTD.	12.01	$ 1.554 Millions	$ 0.129 Millions
Intel Corporation	11.90	$ 54,044.000 Millions	$ 4,539.750 Millions
Digitalocean Holdings Inc	11.87	$ 647.901 Millions	$ 54.577 Millions
Cf Acquisition Corp Vi	11.77	$ 73.530 Millions	$ 6.245 Millions
Presto Automation inc	11.77	$ 25.521 Millions	$ 2.168 Millions
Porch Group Inc	11.76	$ 328.752 Millions	$ 27.946 Millions
Premier Inc	11.69	$ 1,335.289 Millions	$ 114.182 Millions
Broadcom Inc	11.68	$ 35,454.000 Millions	$ 3,034.250 Millions
Red Cat Holdings Inc	11.66	$ 8.591 Millions	$ 0.737 Millions
Fiee Inc	11.63	$ 40.967 Millions	$ 3.524 Millions
Silicon Laboratories Inc	11.61	$ 1,016.996 Millions	$ 87.579 Millions
Taoweave Inc	11.57	$ 4.072 Millions	$ 0.352 Millions

Date modified: 2026-09-08T15:11:01+00:00

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