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Mix Telematics Limited  (MIXT)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Mix Telematics Limited Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Mix Telematics Limited's ability to collect accounts receivable sequentially worsen to 5.78, pointing to a challenging and on top of that deteriorating business climate for the Software & Programming industry. Average collection period, for Mix Telematics Limited's accounts receivable remained unchanged at 63 days, in the Dec 31 2023 quarter.

If we take a look into Technology sector 217 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1548, from overall ranking in the second quarter 2023 at 2192.

What is Receivable Turnover Ratio?
What is Mix Telematics Limited Selling?


What is Receivable Turnover Ratio?




MIXT Receivables Turnover Ratio (Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Receivable Change 4.42 % -4.24 % 3.57 % -3.58 % 8.8 %
Y / Y Revenue Change 3.08 % 6.19 % 3.97 % 4.22 % 3.13 %
Receivable Turnover Ratio (TTM) 5.78 5.81 5.66 5.66 5.55
MIXT's Total Ranking # 1548 # 2192 # 1302 # 1743 # 1294
Average receivable collection period 63 63 64 65 66
Seq. Receivable Change 15.89 % -5.94 % 7.18 % -10.62 % 6.28 %
Seq. Revenue Change 3.28 % 3.22 % -1.7 % -1.63 % 6.4 %


Receivable Turnover Company Ranking
Within: No.
Software & Programming Industry # 73
Technology Sector # 218
Overall Market # 1548

Receivable Turnover Ratio Statistics
High Average Low
38.54 9.52 5.55
(Mar 31 2019)   (Dec 31 2022)






Financial Statements
Mix Telematics Limited's Accounts Receivable $ 28 Millions Visit MIXT's Balance sheet
Mix Telematics Limited's Sales TTM $ 149 Millions Visit MIXT's Income Statement
Where are MIXT's Sales coming from? Visit MIXT'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
MIXT's Receivable Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for MIXT's Competitors
Receivables Turnover Ratio for MIXT's Suppliers
Accounts Receivables Turnover Ratio for MIXT's Customers

You may also want to know
MIXT's Growth Rates MIXT's Roa MIXT's Inventory Turnover Ratio MIXT's Dividend Comparisons
MIXT's Profitability Ratios MIXT's Roi MIXT's Asset Turnover Ratio MIXT's Dividend Growth
MIXT's Valuation Ratios MIXT's Roe MIXT's Financial Strength Ratios MIXT'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
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
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
Golden Matrix Group Inc   11.73 $ 45.240  Millions$ 3.856  Millions
8x8 Inc   11.68 $ 733.821  Millions$ 62.841  Millions
Gan Limited  11.60 $ 129.419  Millions$ 11.153  Millions
Premier Inc   11.56 $ 1,314.655  Millions$ 113.752  Millions
Ubiquiti Inc   11.47 $ 1,875.599  Millions$ 163.556  Millions
Broadcom Inc   11.05 $ 38,865.000  Millions$ 3,517.000  Millions
Thomson Reuters Corporation  10.99 $ 6,794.000  Millions$ 618.000  Millions
Where Food Comes From Inc   10.97 $ 25.284  Millions$ 2.304  Millions
Frequency Electronics Inc   10.44 $ 52.701  Millions$ 5.050  Millions
Kyndryl Holdings Inc  10.39 $ 16,458.000  Millions$ 1,583.500  Millions
Adobe Inc   10.27 $ 19,409.000  Millions$ 1,890.250  Millions
Meta Platforms Inc   10.25 $ 134,902.000  Millions$ 13,167.000  Millions
Optex Systems Holdings Inc   10.21 $ 28.586  Millions$ 2.800  Millions
Playstudios Inc   10.20 $ 313.482  Millions$ 30.735  Millions
Qualcomm Inc  10.20 $ 36,292.000  Millions$ 3,559.250  Millions
Expensify Inc   10.16 $ 149.799  Millions$ 14.742  Millions
Stmicroelectronics N v   9.99 $ 17,286.000  Millions$ 1,731.000  Millions

Date modified: 2024-02-09T16:43:21+00:00



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