Red Hat Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2020 to a ratio of 5.05, above the company average. This is a clear sign of healthy business climate in the Internet Services & Social Media industry and improving liquidity at their respective customers, during the first quarter 2020. Average receivable collection period, for the Red Hat Inc in May 31 2019 quarter, has decreased to 72 days, compared to 74 days, in the Feb 28 2019 quarter.

If we take a look into Technology sector 323 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1868, from overall ranking in the fourth quarter 2019 at 2945.

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What is Receivable Turnover Ratio?

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RHT Receivables Turnover Ratio	(May 31 2019) I. Quarter	(Feb 28 2019) IV. Quarter	(Nov 30 2018) III. Quarter	(Aug 31 2018) II. Quarter	(May 31 2018) I. Quarter
Y / Y Receivable Change	6.04 %	21.5 %	37.88 %	23.31 %	16.06 %
Y / Y Revenue Change	14.82 %	13.81 %	13.21 %	13.74 %	20.2 %
Receivable Turnover Ratio (TTM)	5.05	4.93	5.1	5.37	5.42
RHT's Total Ranking	# 1868	# 2945	# 2966	# 2965	# 55
Accounts Receivable average collection period days	72	74	72	68	67
Seq. Receivable Change	-46.02 %	33.75 %	42.02 %	3.42 %	-38.15 %
Seq. Revenue Change	6.27 %	3.8 %	2.92 %	1.13 %	5.33 %

Receivable Turnover Company Ranking
Within:	No.
Internet Services & Social Media Industry	# 18
Technology Sector	# 324
Overall Market	# 1868

Receivable Turnover Ratio Statistics
High	Average	Low
0.8	0.53	0.3
(Feb 28 2014)		(Nov. 30. 2008)

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

Financial Statements
Red Hat Inc's Accounts Receivable	$ 529 Millions	Visit RHT's Balance sheet
Red Hat Inc's Sales TTM	$ 3,483 Millions	Visit RHT's Income Statement
Sources of RHT's Revenues		Visit RHT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Internet Services & Social Media Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
RHT's Receivable Turnover Ratio versus Internet Services & Social Media Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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RHT's Profitability Ratios	RHT's Roi	RHT's Asset Turnover Ratio	RHT's Dividend Growth
RHT's Valuation Ratios	RHT's Roe	RHT's Financial Strength Ratios	RHT's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending May 31 2019, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending May 31 2019	Receivable at quarter ending May 31 2019
Infinite Group Inc	18.09	$ 6.741 Millions	$ 0.373 Millions
8x8 Inc	17.97	$ 366.036 Millions	$ 20.370 Millions
Zix Corp	17.73	$ 111.540 Millions	$ 6.290 Millions
Momentive Global Inc	17.49	$ 143.780 Millions	$ 8.220 Millions
Technical Communications Corporation	17.35	$ 4.370 Millions	$ 0.252 Millions
Upay Inc	16.77	$ 1.218 Millions	$ 0.073 Millions
Data Storage Corporation	15.53	$ 8.222 Millions	$ 0.529 Millions
Immersion Corporation	15.16	$ 33.284 Millions	$ 2.196 Millions
Intellinetics Inc	15.11	$ 2.462 Millions	$ 0.163 Millions
Internap Corp	14.83	$ 307.908 Millions	$ 20.767 Millions
Isun Inc	14.80	$ 17.056 Millions	$ 1.152 Millions
Isign Solutions Inc	14.68	$ 0.903 Millions	$ 0.062 Millions
Shutterstock inc	14.47	$ 638.720 Millions	$ 44.155 Millions
R1 Rcm Inc	14.37	$ 1,084.200 Millions	$ 75.450 Millions
Qxo Inc	13.79	$ 42.925 Millions	$ 3.112 Millions
Logmein Inc	13.69	$ 1,239.889 Millions	$ 90.598 Millions
Match Group Inc	13.68	$ 1,863.885 Millions	$ 136.239 Millions
Semileds Corp	13.53	$ 6.297 Millions	$ 0.466 Millions
Momentous Holdings Corporation	13.48	$ 0.138 Millions	$ 0.010 Millions
Iac Inc	13.46	$ 4,501.196 Millions	$ 334.382 Millions
Leaf Group Ltd	13.31	$ 156.801 Millions	$ 11.784 Millions
Hopto Inc	12.97	$ 3.251 Millions	$ 0.251 Millions
Hypha Labs Inc	12.71	$ 2.563 Millions	$ 0.202 Millions
Q2 Holdings Inc	12.44	$ 276.660 Millions	$ 22.232 Millions
Kulr Technology Group Inc	12.41	$ 1.126 Millions	$ 0.091 Millions
Friendable Inc	12.23	$ 0.004 Millions	$ 0.000 Millions
Cyren Ltd	12.21	$ 38.440 Millions	$ 3.149 Millions
Mobilesmith Inc.	11.86	$ 2.839 Millions	$ 0.239 Millions
Pixelworks Inc	11.82	$ 76.686 Millions	$ 6.490 Millions
Ichor Holdings Ltd	11.81	$ 593.635 Millions	$ 50.278 Millions

Date modified: 2026-09-08T15:09:48+00:00

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