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Lightpath Technologies Inc   (LPTH)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

Lightpath Technologies Inc Accounts Receivables Turnover Ratio from the second quarter 2024 to the second quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Lightpath Technologies Inc 's ability to collect accounts receivable sequentially worsen to 6.13, indicating more challenging environment then in the first quarter 2024, but still, it is a far cry from any concerns. Lightpath Technologies Inc 's Average receivable collection period in the Dec 31 2023 quarter, has increased to 60 days, from 58 days, in the Sep 30 2023 quarter.

If we take a look into Technology sector 65 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 356, from overall ranking in the first quarter 2024 at 1687.

What is Receivable Turnover Ratio?
What is Lightpath Technologies Inc Selling?


What is Receivable Turnover Ratio?




LPTH Receivables Turnover Ratio (Dec 31 2023)
II. Quarter
(Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
II. Quarter
Y / Y Receivable Change -5.98 % 8.24 % 27.31 % -4.39 % -4.12 %
Y / Y Revenue Change -13.66 % 9.64 % 8.73 % -10.79 % -8.34 %
Receivable Turnover Ratio (TTM) 6.13 6.26 6.24 6.54 6.65
LPTH's Total Ranking # 356 # 1687 # 1688 # 2243 # 916
Average receivable collection period 59 58 58 56 55
Seq. Receivable Change -6.79 % -23.87 % 38.55 % -4.37 % 7.31 %
Seq. Revenue Change -9.43 % -16.6 % 30.7 % -12.55 % 15.01 %


Receivable Turnover Company Ranking
Within: No.
Semiconductors Industry # 15
Technology Sector # 66
Overall Market # 356

Receivable Turnover Ratio Statistics
High Average Low
6.73 5.49 1.33
(Sep 30 2022)   (Dec. 30, 2013)






Financial Statements
Lightpath Technologies Inc 's Accounts Receivable $ 5 Millions Visit LPTH's Balance sheet
Lightpath Technologies Inc 's Sales TTM $ 32 Millions Visit LPTH's Income Statement
Where are LPTH's Sales coming from? Visit LPTH's Sales by Geography

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

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Veritec Inc   18.97 $ 0.313  Millions$ 0.017  Millions
Trivago N v   18.75 $ 543.235  Millions$ 28.972  Millions
Power Integrations Inc   18.55 $ 444.538  Millions$ 23.969  Millions
Silversun Technologies Inc   18.02 $ 54.517  Millions$ 3.026  Millions
Porch Group Inc   17.30 $ 430.302  Millions$ 24.873  Millions
Paycor Hcm Inc   17.15 $ 604.654  Millions$ 35.252  Millions
Intel Corporation  16.57 $ 54,228.000  Millions$ 3,272.000  Millions
Netlist Inc  16.56 $ 68.393  Millions$ 4.130  Millions
Moving Image Technologies inc   16.42 $ 20.783  Millions$ 1.266  Millions
Vimeo inc   15.75 $ 416.638  Millions$ 26.448  Millions
Immersion Corporation  15.28 $ 33.919  Millions$ 2.220  Millions
Playtika Holding Corp   15.19 $ 2,567.000  Millions$ 169.025  Millions
Q2 Holdings inc   15.04 $ 623.651  Millions$ 41.458  Millions
Oracle Corporation  14.77 $ 97,664.000  Millions$ 6,612.750  Millions
Blacksky Technology Inc   14.42 $ 94.492  Millions$ 6.555  Millions
Bilibili Inc   14.31 $ 3,172.471  Millions$ 221.679  Millions
Electronic Systems Technology Inc   14.04 $ 1.545  Millions$ 0.110  Millions
Bridgeline Digital Inc   13.92 $ 15.340  Millions$ 1.102  Millions
Evercommerce Inc   13.90 $ 675.369  Millions$ 48.599  Millions
Soundhound Ai Inc   13.47 $ 45.873  Millions$ 3.405  Millions
Nxp Semiconductors N v   13.42 $ 13,276.000  Millions$ 989.250  Millions
Hp inc   12.83 $ 53,075.000  Millions$ 4,136.250  Millions
Consensus Cloud Solutions Inc   12.43 $ 362.243  Millions$ 29.132  Millions
Alarum Technologies Ltd   12.42 $ 26.521  Millions$ 2.136  Millions
Baidu Inc   12.41 $ 18,958.000  Millions$ 1,528.000  Millions
Shutterstock inc   12.21 $ 874.587  Millions$ 71.641  Millions
Block Inc   12.09 $ 21,915.623  Millions$ 1,813.434  Millions
Match Group Inc   12.06 $ 3,364.504  Millions$ 278.979  Millions
Gopro Inc   11.89 $ 1,005.459  Millions$ 84.559  Millions
Digitalocean Holdings Inc   11.80 $ 691.917  Millions$ 58.618  Millions

Date modified: 2024-02-09T09:05:11+00:00



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