Meta Materials Inc 's ability to collect accounts receivable sequentially worsen to 6.57, indicating more challenging environment then in the fourth quarter 2023, but still, it is a far cry from any concerns. Meta Materials Inc 's Accounts Receivable average collection period in the Mar 31 2024 quarter, has increased to 56 days, from 55 days, in the Dec 31 2023 quarter.

If we take a look into Technology sector 587 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 2179 to 3268.

What is Receivable Turnover Ratio?
What is Meta Materials Inc Selling?

What is Receivable Turnover Ratio?

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MMAT Receivables Turnover Ratio	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter
Y / Y Receivable Change	142.03 %	6.75 %	-14.55 %	-26.47 %	-66.48 %
Y / Y Revenue Change	131.7 %	60.66 %	-10.42 %	-38.91 %	-52.52 %
Receivable Turnover Ratio (TTM)	6.57	6.67	6.01	5.87	6.33
MMAT's Total Ranking	# 3268	# 2179	# 3214	# 3861	# 3112
Accounts Receivable average collection period days	56	55	61	62	58
Seq. Receivable Change	110.59 %	-42.69 %	34.73 %	48.84 %	-7.11 %
Seq. Revenue Change	40.88 %	5.57 %	8.35 %	43.78 %	-2.32 %

Receivable Turnover Company Ranking
Within:	No.
Semiconductors Industry	# 81
Technology Sector	# 588
Overall Market	# 3268

Receivable Turnover Ratio Statistics
High	Average	Low
0.18	0.05	0
(Sep 30 2014)		(Mar 31 2021)

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

Financial Statements
Meta Materials Inc 's Accounts Receivable	$ 2 Millions	Visit MMAT's Balance sheet
Meta Materials Inc 's Sales TTM	$ 10 Millions	Visit MMAT's Income Statement
Sources of MMAT's Revenues		Visit MMAT'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
MMAT's Receivable Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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MMAT's Valuation Ratios	MMAT's Roe	MMAT's Financial Strength Ratios	MMAT's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2024	Receivable at quarter ending Mar 31 2024
Match Group Inc	12.68	$ 3,437.027 Millions	$ 271.042 Millions
Sypris Solutions Inc	12.66	$ 137.971 Millions	$ 10.900 Millions
Consensus Cloud Solutions Inc	12.56	$ 358.887 Millions	$ 28.576 Millions
Gan Limited	12.44	$ 124.941 Millions	$ 10.041 Millions
Hp inc	12.35	$ 52,962.000 Millions	$ 4,290.000 Millions
Powerdyne International Inc	12.22	$ 1.278 Millions	$ 0.105 Millions
Bnb Plus Corp	12.16	$ 4.870 Millions	$ 0.401 Millions
Park ohio Holdings Corp	12.15	$ 1,653.800 Millions	$ 136.075 Millions
Leet Technology Inc	12.09	$ 0.465 Millions	$ 0.038 Millions
Seagate Technology Holdings Plc	11.96	$ 6,266.000 Millions	$ 523.750 Millions
Block Inc	11.92	$ 22,882.620 Millions	$ 1,920.376 Millions
Nutanix Inc	11.87	$ 2,092.753 Millions	$ 176.329 Millions
Gct Semiconductor Holding Inc	11.79	$ 15.919 Millions	$ 1.350 Millions
8x8 Inc	11.74	$ 727.800 Millions	$ 62.009 Millions
Digitalocean Holdings Inc	11.70	$ 711.748 Millions	$ 60.841 Millions
Where Food Comes From Inc	11.59	$ 25.197 Millions	$ 2.175 Millions
Premier Inc	11.58	$ 1,334.756 Millions	$ 115.219 Millions
Soundhound Ai Inc	11.40	$ 50.760 Millions	$ 4.452 Millions
Frequency Electronics Inc	11.40	$ 55.274 Millions	$ 4.851 Millions
Gopro Inc	11.27	$ 986.208 Millions	$ 87.535 Millions
Quicklogic Corp	11.25	$ 23.080 Millions	$ 2.051 Millions
Data I	11.19	$ 26.932 Millions	$ 2.406 Millions
Iac Inc	11.14	$ 4,210.644 Millions	$ 378.108 Millions
Rubicon Technologies Inc	11.10	$ 679.546 Millions	$ 61.237 Millions
Ubiquiti Inc	11.04	$ 1,909.926 Millions	$ 172.950 Millions
Qualcomm Inc	10.97	$ 36,406.000 Millions	$ 3,317.500 Millions
Ccc Intelligent Solutions Holdings Inc	10.80	$ 888.696 Millions	$ 82.283 Millions
Electronic Arts Inc	10.75	$ 7,562.000 Millions	$ 703.250 Millions
Silvaco Group Inc	10.73	$ 14.916 Millions	$ 1.391 Millions
Bumble Inc	10.66	$ 1,076.657 Millions	$ 100.972 Millions

Date modified: 2026-09-08T15:11:21+00:00

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