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Pegasystems Inc   (PEGA)
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Pegasystems Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Pegasystems Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 3.47, above the company average. This is a clear sign of healthy business climate in the Cloud Computing & Data Analytics industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Pegasystems Inc in Dec 31 2023 quarter, has decreased to 105 days, compared to 107 days, in the Sep 30 2023 quarter.

If we take a look into Technology sector 205 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1149, from overall ranking in the third quarter 2023 at 3200.

What is Receivable Turnover Ratio?
What is Pegasystems Inc Selling?


What is Receivable Turnover Ratio?




PEGA Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change 14.65 % 14.49 % -7.11 % 0.16 % 22.35 %
Y / Y Revenue Change 19.68 % 23.33 % 8.72 % -13.51 % 54.71 %
Receivable Turnover Ratio (TTM) 3.47 3.42 3.36 3.25 3.38
PEGA's Total Ranking # 1149 # 3200 # 382 # 930 # 546
Average receivable collection period 105 107 108 112 108
Seq. Receivable Change 45.78 % 6.52 % -12.99 % -15.14 % 45.58 %
Seq. Revenue Change 42.12 % 11.94 % -8.36 % -17.91 % 46.44 %


Receivable Turnover Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 27
Technology Sector # 206
Overall Market # 1149

Receivable Turnover Ratio Statistics
High Average Low
4.59 3.39 2.67
(Dec. 30, 2014)   (Dec 31 2020)






Financial Statements
Pegasystems Inc 's Accounts Receivable $ 538 Millions Visit PEGA's Balance sheet
Pegasystems Inc 's Sales TTM $ 1,432 Millions Visit PEGA's Income Statement
Where are PEGA's Sales coming from? Visit PEGA's Sales by Geography

Other Accounts Receivable Turnover Ratios
Cloud Computing & Data Analytics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
PEGA's Receivable Turnover Ratio versus Cloud Computing & Data Analytics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for PEGA's Competitors
Receivables Turnover Ratio for PEGA's Suppliers
Accounts Receivables Turnover Ratio for PEGA's Customers

You may also want to know
PEGA's Growth Rates PEGA's Roa PEGA's Inventory Turnover Ratio PEGA's Dividend Comparisons
PEGA's Profitability Ratios PEGA's Roi PEGA's Asset Turnover Ratio PEGA's Dividend Growth
PEGA's Valuation Ratios PEGA's Roe PEGA's Financial Strength Ratios PEGA'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
Cemtrex Inc   7.33 $ 58.607  Millions$ 8.001  Millions
Western Digital Corporation  7.31 $ 11,257.000  Millions$ 1,540.750  Millions
Sabre Corporation  7.31 $ 2,907.738  Millions$ 398.012  Millions
Twilio Inc   7.24 $ 4,153.930  Millions$ 573.861  Millions
Alarm com Holdings Inc   7.20 $ 881.682  Millions$ 122.516  Millions
Optical Cable Corporation  7.13 $ 67.724  Millions$ 9.502  Millions
Sprout Social Inc   7.11 $ 333.375  Millions$ 46.890  Millions
Synopsys Inc   7.09 $ 6,130.141  Millions$ 864.393  Millions
Destiny Media Technologies Inc   7.06 $ 4.168  Millions$ 0.591  Millions
Micropac Industries Inc   7.06 $ 30.639  Millions$ 4.343  Millions
Aehr Test Systems  7.04 $ 80.414  Millions$ 11.429  Millions
Dell Technologies Inc   7.03 $ 102,301.000  Millions$ 14,550.000  Millions
Sanmina Corporation  7.01 $ 8,452.243  Millions$ 1,205.362  Millions
Itron Inc   6.98 $ 2,172.908  Millions$ 311.502  Millions
Ametek inc   6.97 $ 6,596.950  Millions$ 947.038  Millions
Healthstream Inc  6.92 $ 279.063  Millions$ 40.355  Millions
Transact Technologies Inc  6.90 $ 87.875  Millions$ 12.732  Millions
Progress Software Corp  6.90 $ 700.072  Millions$ 101.520  Millions
Verisk Analytics Inc   6.86 $ 2,681.400  Millions$ 390.775  Millions
Nerdwallet Inc   6.85 $ 599.400  Millions$ 87.450  Millions
Gsi Technology Inc  6.84 $ 20.547  Millions$ 3.004  Millions
Open Text Corp  6.81 $ 5,047.883  Millions$ 741.306  Millions
Asana Inc   6.81 $ 547.212  Millions$ 80.399  Millions
Formfactor inc   6.80 $ 662.580  Millions$ 97.476  Millions
Sitime Corporation  6.79 $ 143.088  Millions$ 21.069  Millions
Enfusion inc   6.79 $ 173.894  Millions$ 25.613  Millions
Audioeye inc   6.78 $ 31.316  Millions$ 4.621  Millions
Upland Software Inc   6.76 $ 297.491  Millions$ 44.026  Millions
Espey Mfg and Electronics Corp   6.73 $ 37.023  Millions$ 5.503  Millions
Track Group Inc   6.72 $ 33.645  Millions$ 5.007  Millions

Date modified: 2024-02-16T23:31:25+00:00



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