Rackwise, Inc.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2014 to a ratio of 34.58, above the company average. This is a clear sign of healthy business climate in the Software & Programming industry and improving liquidity at their respective customers, during the first quarter 2014. Average receivable collection period, for the Rackwise in Mar 31 2014 quarter, has decreased to 11 days, compared to 23 days, in the Dec 31 2013 quarter.

If we take a look into Technology sector 6 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio remained unchanged relative to the previous period at no. 123.

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What is Rackwise, Inc. Selling?

What is Receivable Turnover Ratio?

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RACK Receivables Turnover Ratio	(Mar 31 2014) I. Quarter	(Dec 31 2013) IV. Quarter	(Sep 30 2013) III. Quarter	(Mar 31 2013) I. Quarter	(Dec 31 2012) IV. Quarter
Y / Y Receivable Change	-99.81 %	-64.95 %	-92.37 %	-52.13 %	79.34 %
Y / Y Revenue Change	-51.99 %	-14.43 %	-55.79 %	-20.57 %	48.74 %
Receivable Turnover Ratio (TTM)	34.58	15.66	14.15	8.78	8.42
RACK's Total Ranking	# 123	# 123	# 120	# 123	#
Accounts Receivable average collection period days	11	23	26	42	43
Seq. Receivable Change	-98.45 %	-21.99 %	-48.42 %	-69.52 %	185.75 %
Seq. Revenue Change	-14.59 %	-11.4 %	-2.99 %	-34.6 %	52.23 %

Receivable Turnover Company Ranking
Within:	No.
Software & Programming Industry	# 6
Technology Sector	# 7
Overall Market	# 123

Receivable Turnover Ratio Statistics
High	Average	Low
3	2.92	2.78
(Mar 31 2014)		(Dec 31 2012)

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

Financial Statements
Rackwise's Accounts Receivable	$ 0 Millions	Visit RACK's Balance sheet
Rackwise's Sales TTM	$ 2 Millions	Visit RACK's Income Statement
Sources of RACK's Revenues		Visit RACK'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
RACK's Receivable Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2014, within Technology Sector

Receivable Turnover Ratio

Revenues for 12 Months ending Mar 31 2014

Receivable at quarter ending Mar 31 2014

Date modified: 2026-06-22T14:31:52+00:00

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