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Inspired Entertainment Inc   (INSE)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Inspired Entertainment Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Inspired Entertainment Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 8.95, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Inspired Entertainment Inc in Sep 30 2023 quarter, has decreased to 41 days, compared to 43 days, in the Jun 30 2023 quarter.

If we take a look into Technology sector 150 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 1078 to 1462.

What is Receivable Turnover Ratio?
What is Inspired Entertainment Inc Selling?


What is Receivable Turnover Ratio?




INSE 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 6.18 % 36.36 % -0.3 % 27.44 % -17.42 %
Y / Y Revenue Change 30.17 % 11.36 % 7.1 % 11.64 % -3.48 %
Receivable Turnover Ratio (TTM) 8.95 8.41 8.84 8.7 9.07
INSE's Total Ranking # 1462 # 1078 # 1524 # 1246 # 1139
Average receivable collection period 41 43 41 42 40
Seq. Receivable Change -25.13 % 18.54 % -18.56 % 46.91 % -3.85 %
Seq. Revenue Change 22.8 % 22.34 % -13.24 % -0.13 % 5.05 %


Receivable Turnover Company Ranking
Within: No.
Software & Programming Industry # 60
Technology Sector # 151
Overall Market # 1462

Receivable Turnover Ratio Statistics
High Average Low
20.79 9.22 1.8
(Dec 31 2019)   (Dec 31 2017)




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