Grom Social Enterprises Inc 's ability to collect accounts receivable sequentially worsen to 4.74, indicating more challenging environment then in the fourth quarter 2023, but still, it is a far cry from any concerns. Grom Social Enterprises Inc 's Accounts Receivable average collection period in the Mar 31 2024 quarter, has increased to 77 days, from 71 days, in the Dec 31 2023 quarter.

If we take a look into Technology sector 602 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 2425 to 3233.

What is Receivable Turnover Ratio?
What is Grom Social Enterprises 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.

GROM Receivables Turnover Ratio	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter
Y / Y Receivable Change	-0.68 %	-28.92 %	-19.59 %	-2.13 %	7.78 %
Y / Y Revenue Change	-27.13 %	-41.77 %	-34.66 %	-16.07 %	-2.56 %
Receivable Turnover Ratio (TTM)	4.74	5.14	5.4	5.66	5.84
GROM's Total Ranking	# 3233	# 2425	# 2997	# 2907	# 2784
Accounts Receivable average collection period days	77	71	68	64	63
Seq. Receivable Change	-0.64 %	-0.75 %	26.37 %	-20.3 %	-28.9 %
Seq. Revenue Change	-4.42 %	-5.73 %	1.44 %	-20.27 %	-23.63 %

Receivable Turnover Company Ranking
Within:	No.
Internet Services & Social Media Industry	# 57
Technology Sector	# 603
Overall Market	# 3233

Receivable Turnover Ratio Statistics
High	Average	Low
1.26	0.4	0.15
(Jun 30 2017)		(Sep 30 2022)

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

Financial Statements
Grom Social Enterprises Inc 's Accounts Receivable	$ 1 Millions	Visit GROM's Balance sheet
Grom Social Enterprises Inc 's Sales TTM	$ 4 Millions	Visit GROM's Income Statement
Sources of GROM's Revenues		Visit GROM's Sales by Geography

Other Accounts Receivable Turnover Ratios
Internet Services & Social Media Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
GROM's Receivable Turnover Ratio versus Internet Services & Social Media Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2024	Receivable at quarter ending Mar 31 2024
Gan Limited	12.44	$ 124.941 Millions	$ 10.041 Millions
Nutanix Inc	12.43	$ 2,092.753 Millions	$ 168.380 Millions
Hp inc	12.35	$ 52,962.000 Millions	$ 4,290.000 Millions
Powerdyne International Inc	12.22	$ 1.278 Millions	$ 0.105 Millions
Bnb Plus Corp	12.16	$ 4.870 Millions	$ 0.401 Millions
Park ohio Holdings Corp	12.15	$ 1,653.800 Millions	$ 136.075 Millions
Leet Technology Inc	12.09	$ 0.465 Millions	$ 0.038 Millions
Seagate Technology Holdings Plc	11.96	$ 6,266.000 Millions	$ 523.750 Millions
8x8 Inc	11.77	$ 727.800 Millions	$ 61.825 Millions
Digitalocean Holdings Inc	11.70	$ 711.748 Millions	$ 60.841 Millions
Where Food Comes From Inc	11.59	$ 25.197 Millions	$ 2.175 Millions
Premier Inc	11.58	$ 1,334.756 Millions	$ 115.219 Millions
Broadcom Inc	11.58	$ 42,619.000 Millions	$ 3,680.500 Millions
Soundhound Ai Inc	11.40	$ 50.760 Millions	$ 4.452 Millions
Frequency Electronics Inc	11.40	$ 55.274 Millions	$ 4.851 Millions
Gopro Inc	11.27	$ 986.208 Millions	$ 87.535 Millions
Rubicon Technologies Inc	11.19	$ 674.175 Millions	$ 60.226 Millions
Data I	11.19	$ 26.932 Millions	$ 2.406 Millions
Ccc Intelligent Solutions Holdings Inc	11.07	$ 888.696 Millions	$ 80.274 Millions
Ubiquiti Inc	11.04	$ 1,909.926 Millions	$ 172.950 Millions
Dirtt Environmental Solutions Ltd	11.02	$ 186.070 Millions	$ 16.879 Millions
Qualcomm Inc	10.97	$ 36,406.000 Millions	$ 3,317.500 Millions
N able Inc	10.95	$ 435.306 Millions	$ 39.768 Millions
Healthcare Triangle Inc	10.81	$ 27.474 Millions	$ 2.543 Millions
Electronic Arts Inc	10.75	$ 7,562.000 Millions	$ 703.250 Millions
Silvaco Group Inc	10.73	$ 14.916 Millions	$ 1.391 Millions
Bumble Inc	10.66	$ 1,076.657 Millions	$ 100.972 Millions
Fdctech Inc	10.60	$ 17.044 Millions	$ 1.607 Millions
Shutterstock inc	10.52	$ 873.622 Millions	$ 83.063 Millions
Everquote Inc	10.41	$ 269.766 Millions	$ 25.917 Millions

Date modified: 2026-10-07T00:41:52+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.