Gse Systems Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 4.54, 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 2024. Average receivable collection period, for the Gse Systems Inc in Jun 30 2024 quarter, has decreased to 80 days, compared to 81 days, in the Mar 31 2024 quarter.

If we take a look into Technology sector 460 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2024 from 2330 to 2806.

What is Receivable Turnover Ratio?
What is Gse Systems Inc Selling?

What is Receivable Turnover Ratio?

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GVP Receivables Turnover Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Receivable Change	-7.84 %	-12.29 %	1.01 %	5.37 %	6.87 %
Y / Y Revenue Change	-4.43 %	3.15 %	2.87 %	-9.93 %	-4.16 %
Receivable Turnover Ratio (TTM)	4.54	4.5	4.33	4.31	4.48
GVP's Total Ranking	# 2806	# 2330	# 180	# 260	# 180
Accounts Receivable average collection period days	80	81	84	85	81
Seq. Receivable Change	2.32 %	-9.72 %	-4.96 %	4.98 %	-2.62 %
Seq. Revenue Change	4.08 %	0.81 %	3.83 %	-12.27 %	12.34 %

Receivable Turnover Company Ranking
Within:	No.
Software & Programming Industry	# 148
Technology Sector	# 461
Overall Market	# 2806

Receivable Turnover Ratio Statistics
High	Average	Low
5.36	4.49	2.97
(June 30. 2016)		(March 31, 2014)

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

Financial Statements
Gse Systems Inc 's Accounts Receivable	$ 9 Millions	Visit GVP's Balance sheet
Gse Systems Inc 's Sales TTM	$ 45 Millions	Visit GVP's Income Statement
Sources of GVP's Revenues		Visit GVP'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
GVP'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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GVP's Profitability Ratios	GVP's Roi	GVP's Asset Turnover Ratio	GVP's Dividend Growth
GVP's Valuation Ratios	GVP's Roe	GVP's Financial Strength Ratios	GVP's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Gan Limited	13.05	$ 126.743 Millions	$ 9.715 Millions
Q2 Holdings Inc	13.01	$ 654.191 Millions	$ 50.269 Millions
Consensus Cloud Solutions Inc	12.91	$ 353.719 Millions	$ 27.404 Millions
Lgl Group Inc	12.70	$ 3.929 Millions	$ 0.309 Millions
Sypris Solutions Inc	12.37	$ 136.997 Millions	$ 11.077 Millions
Frequency Electronics Inc	12.24	$ 57.943 Millions	$ 4.735 Millions
Match Group Inc	12.22	$ 3,471.541 Millions	$ 284.033 Millions
Senseonics Holdings Inc	12.22	$ 21.835 Millions	$ 1.787 Millions
Hp inc	12.21	$ 53,285.000 Millions	$ 4,363.000 Millions
Qualcomm Inc	12.08	$ 37,348.000 Millions	$ 3,092.000 Millions
8x8 Inc	11.93	$ 722.473 Millions	$ 60.572 Millions
Block Inc	11.65	$ 23,503.226 Millions	$ 2,017.466 Millions
Intrusion Inc	11.63	$ 5.168 Millions	$ 0.444 Millions
Digitalocean Holdings Inc	11.58	$ 734.625 Millions	$ 63.431 Millions
Soundhound Ai Inc	11.48	$ 55.471 Millions	$ 4.834 Millions
Rubicon Technologies Inc	11.45	$ 668.129 Millions	$ 58.354 Millions
Premium Catering holdings Limited	11.43	$ 3.615 Millions	$ 0.316 Millions
Premier Inc	11.40	$ 1,346.012 Millions	$ 118.069 Millions
Cf Acquisition Corp Vi	11.36	$ 78.577 Millions	$ 6.918 Millions
Where Food Comes From Inc	11.35	$ 24.729 Millions	$ 2.179 Millions
Bridgeline Digital Inc	11.31	$ 14.833 Millions	$ 1.312 Millions
Ubiquiti Inc	11.07	$ 1,927.762 Millions	$ 174.197 Millions
Nutanix Inc	11.05	$ 2,148.704 Millions	$ 194.465 Millions
Coursera Inc	10.95	$ 672.100 Millions	$ 61.378 Millions
Iac Inc	10.94	$ 4,048.582 Millions	$ 370.155 Millions
Electronic Arts Inc	10.70	$ 7,298.000 Millions	$ 682.250 Millions
Nve Corp	10.67	$ 27.756 Millions	$ 2.602 Millions
Bumble Inc	10.66	$ 1,085.537 Millions	$ 101.792 Millions
Quicklogic Corp	10.60	$ 24.982 Millions	$ 2.356 Millions
Silicon Laboratories Inc	10.55	$ 541.603 Millions	$ 51.316 Millions

Date modified: 2026-09-08T15:22:13+00:00

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