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International Business Machines Corporation  (IBM)
Other Ticker:  
 
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology
 

International Business Machines Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


International Business Machines Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 9.11, above the company average. This is a clear sign of healthy business climate in the Computer Hardware industry and improving liquidity at their respective customers, during the third quarter 2023. Average receivable collection period, for the International Business Machines in Sep 30 2023 quarter, has decreased to 40 days, compared to 41 days, in the Jun 30 2023 quarter.

If we take a look into Technology sector 410 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2134, from overall ranking in the second quarter 2023 at 2214.

What is Receivable Turnover Ratio?
What is International Business Machines Corporation Selling?


What is Receivable Turnover Ratio?




IBM 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 -3.91 % -5.7 % -5.13 % -14.38 % -11.18 %
Y / Y Revenue Change 4.57 % -0.39 % 0.39 % -0.05 % -19.93 %
Receivable Turnover Ratio (TTM) 9.11 8.92 8.8 8.67 8.35
IBM's Total Ranking # 2134 # 2214 # 2214 # 2248 # 2001
Average receivable collection period 40 41 41 42 44
Seq. Receivable Change -0.88 % -10.72 % 14.47 % -5.14 % -2.73 %
Seq. Revenue Change -4.67 % 8.58 % -14.61 % 18.32 % -9.19 %


Receivable Turnover Company Ranking
Within: No.
Computer Hardware Industry # 11
Technology Sector # 411
Overall Market # 2134

Receivable Turnover Ratio Statistics
High Average Low
0.95 0.75 0.47
(Sep. 30, 2011)   (Jun 30 2023)






Financial Statements
International Business Machines's Accounts Receivable $ 6,511 Millions Visit IBM's Balance sheet
International Business Machines's Sales TTM $ 61,170 Millions Visit IBM's Income Statement
Where are IBM's Sales coming from? Visit IBM's Sales by Geography

Other Accounts Receivable Turnover Ratios
Computer Hardware Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
IBM's Receivable Turnover Ratio versus Computer Hardware Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for IBM's Competitors
Receivables Turnover Ratio for IBM's Suppliers
Accounts Receivables Turnover Ratio for IBM's Customers

You may also want to know
IBM's Growth Rates IBM's Roa IBM's Inventory Turnover Ratio IBM's Dividend Comparisons
IBM's Profitability Ratios IBM's Roi IBM's Asset Turnover Ratio IBM's Dividend Growth
IBM's Valuation Ratios IBM's Roe IBM's Financial Strength Ratios IBM'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
Ooma Inc   24.45 $ 206.000  Millions$ 8.425  Millions
Intuit Inc   23.49 $ 14,749.000  Millions$ 628.000  Millions
Gen Digital Inc   22.40 $ 3,545.347  Millions$ 158.250  Millions
Vpr Brands Lp  22.03 $ 10.252  Millions$ 0.465  Millions
Upay Inc   21.25 $ 1.360  Millions$ 0.064  Millions
Engagesmart Inc   20.93 $ 363.015  Millions$ 17.341  Millions
Blackboxstocks Inc   20.84 $ 3.393  Millions$ 0.163  Millions
Snap One Holdings Corp   20.56 $ 1,064.829  Millions$ 51.785  Millions
Alpha And Omega Semiconductor Limited  20.45 $ 661.985  Millions$ 32.370  Millions
Ziprecruiter Inc   19.62 $ 719.069  Millions$ 36.643  Millions
Power Integrations Inc   18.81 $ 479.801  Millions$ 25.509  Millions
Clearsign Technologies Corporation  18.49 $ 1.179  Millions$ 0.064  Millions
Skillz Inc   18.37 $ 163.657  Millions$ 8.911  Millions
Paycor Hcm Inc   18.07 $ 577.977  Millions$ 31.994  Millions
Icoreconnect Inc   18.00 $ 7.745  Millions$ 0.430  Millions
Moving Image Technologies inc   17.86 $ 23.859  Millions$ 1.336  Millions
Sonos Inc   17.59 $ 1,654.490  Millions$ 94.037  Millions
Silversun Technologies Inc   16.96 $ 48.931  Millions$ 2.885  Millions
Ascent Solar Technologies Inc   16.79 $ 0.468  Millions$ 0.028  Millions
Immersion Corporation  16.62 $ 32.703  Millions$ 1.968  Millions
Cargurus Inc   15.86 $ 977.146  Millions$ 61.595  Millions
Playtika Holding Corp   15.86 $ 2,560.300  Millions$ 161.425  Millions
Rubicon Technologies Inc   15.71 $ 1,017.324  Millions$ 64.762  Millions
Intel Corporation  15.63 $ 52,864.000  Millions$ 3,383.250  Millions
D wave Quantum Inc   15.54 $ 11.133  Millions$ 0.716  Millions
Rumble Inc   15.29 $ 88.973  Millions$ 5.818  Millions
Porch Group Inc   15.07 $ 382.942  Millions$ 25.411  Millions
Quarta rad Inc   15.07 $ 0.722  Millions$ 0.048  Millions
Vimeo inc   15.06 $ 416.432  Millions$ 27.656  Millions
Oracle Corporation  14.91 $ 96,308.000  Millions$ 6,461.000  Millions

Date modified: 2023-10-31T17:24:05+00:00



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