Shopify Inc 's ability to collect accounts receivable sequentially worsen to 5.25, pointing to a challenging and on top of that deteriorating business climate for the Software & Programming industry. Shopify Inc 's Accounts Receivable average collection period in the Sep 30 2026 quarter, has increased to 70 days, from 66 days, in the Jun 30 2026 quarter.

If we take a look into Technology sector 31 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 487, from overall ranking in the second quarter 2026 at 557.

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

What is Receivable Turnover Ratio?

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SHOP Receivables Turnover Ratio	(Sep 30 2026) III. Quarter	(Jun 30 2026) II. Quarter	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter
Y / Y Receivable Change	57.41 %	61.2 %	48.35 %	68.3 %	290.42 %
Y / Y Revenue Change	31.58 %	33.69 %	34.32 %	30.58 %	31.54 %
Receivable Turnover Ratio (TTM)	5.25	5.49	5.77	5.92	6.29
SHOP's Total Ranking	# 487	# 557	# 469	# 464	# 479
Accounts Receivable average collection period days	70	67	63	62	58
Seq. Receivable Change	6.47 %	23.38 %	-5.45 %	26.74 %	9.03 %
Seq. Revenue Change	4.44 %	13.03 %	-13.67 %	29.11 %	6.12 %

Receivable Turnover Company Ranking
Within:	No.
Software & Programming Industry	# 17
Technology Sector	# 32
Overall Market	# 487

Receivable Turnover Ratio Statistics
High	Average	Low
47.69	29.17	11.86
(Sep 30 2024)		(Dec 31 2019)

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

Financial Statements
Shopify Inc 's Accounts Receivable	$ 3,079 Millions	Visit SHOP's Balance sheet
Shopify Inc 's Sales TTM	$ 14,167 Millions	Visit SHOP's Income Statement
Sources of SHOP's Revenues		Visit SHOP'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
SHOP'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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SHOP's Growth Rates	SHOP's Roa	SHOP's Inventory Turnover Ratio	SHOP's Dividend Comparisons
SHOP's Profitability Ratios	SHOP's Roi	SHOP's Asset Turnover Ratio	SHOP's Dividend Growth
SHOP's Valuation Ratios	SHOP's Roe	SHOP's Financial Strength Ratios	SHOP's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2026, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2026	Receivable at quarter ending Sep 30 2026
Blackbaud Inc	12.64	$ 1,161.004 Millions	$ 91.828 Millions
Maxlinear Inc	12.49	$ 660.345 Millions	$ 52.849 Millions
Adobe Inc	12.21	$ 25,970.000 Millions	$ 2,127.500 Millions
Q2 Holdings Inc	12.00	$ 871.734 Millions	$ 72.617 Millions
Meta Platforms Inc	11.83	$ 241,607.000 Millions	$ 20,426.750 Millions
Pitney Bowes Inc	11.70	$ 1,862.718 Millions	$ 159.189 Millions
Nxp Semiconductors N v	11.56	$ 13,798.000 Millions	$ 1,193.750 Millions
Asure Software Inc	11.49	$ 158.818 Millions	$ 13.819 Millions
Monolithic Power Systems Inc	10.97	$ 3,739.383 Millions	$ 340.754 Millions
Ichor Holdings Ltd	10.79	$ 1,102.723 Millions	$ 102.210 Millions
Ultra Clean Holdings Inc	10.61	$ 2,445.500 Millions	$ 230.500 Millions
International Business Machines Corporation	10.57	$ 69,868.000 Millions	$ 6,610.750 Millions
Everquote Inc	10.56	$ 799.335 Millions	$ 75.725 Millions
Allegro Microsystems Inc	10.48	$ 1,008.503 Millions	$ 96.241 Millions
Mobileye Global inc	10.45	$ 2,004.000 Millions	$ 191.750 Millions
Koss Corporation	10.08	$ 11.191 Millions	$ 1.111 Millions
Guerrilla RF, Inc.	10.07	$ 31.270 Millions	$ 3.106 Millions
Upwork Inc	10.04	$ 772.978 Millions	$ 76.980 Millions
Seagate Technology Holdings Plc	10.02	$ 13,799.000 Millions	$ 1,376.750 Millions
Pegasystems Inc	9.83	$ 1,749.146 Millions	$ 177.976 Millions
Digitalocean Holdings Inc	9.78	$ 1,103.356 Millions	$ 112.794 Millions
Roblox Corporation	9.62	$ 5,851.698 Millions	$ 608.411 Millions
Alkami Technology Inc	9.27	$ 512.703 Millions	$ 55.289 Millions
Navitas Semiconductor Corporation	9.07	$ 40.414 Millions	$ 4.458 Millions
Agilysys Inc	9.05	$ 344.699 Millions	$ 38.089 Millions
Roper Technologies Inc	8.91	$ 8,434.400 Millions	$ 946.650 Millions
Texas Instruments Incorporated	8.89	$ 20,766.000 Millions	$ 2,337.000 Millions
Iridium Communications Inc	8.61	$ 906.867 Millions	$ 105.375 Millions
Extreme Networks Inc	8.45	$ 1,313.267 Millions	$ 155.416 Millions
Factset Research Systems Inc	8.40	$ 2,476.256 Millions	$ 294.882 Millions

Date modified: 2026-11-04T15:25:46+00:00

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