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Silicon Motion Technology Corporation (NASDAQ: SIMO) |
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Silicon Motion Technology Accounts Receivables Turnover Ratio from the fourth quarter 2024 to the fourth quarter 2023
Quarterly Results, Trends, Rankings, Statistics
Silicon Motion Technology Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2024 to a ratio of 3.43, above the company average. This is a clear sign of healthy business climate in the Semiconductors industry and improving liquidity at their respective customers, during the fourth quarter 2024. Average receivable collection period, for the Silicon Motion Technology in Dec 31 2024 quarter, has decreased to 106 days, compared to 128 days, in the 0 quarter.
If we take a look into Technology sector 214 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2024 from 0 to 1343.
What is Receivable Turnover Ratio?
What is Silicon Motion Technology Corporation Selling?
What is Receivable Turnover Ratio?
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Select the Comparisons :
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Select the Ratio:
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Accounts Receivables Turnover▼
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Accounts Receivables Turnover▼
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| SIMO Receivables Turnover Ratio |
(Dec 31 2024)
IV. Quarter |
0
III. Quarter |
0
II. Quarter |
0
I. Quarter |
(Dec 31 2023)
IV. Quarter |
| Y / Y Receivable Change |
20.05 % |
20.05 % |
20.05 % |
20.05 % |
-5.53 % |
| Y / Y Revenue Change |
25.75 % |
- |
- |
- |
-32.51 % |
| Receivable Turnover Ratio (TTM) |
3.43 |
2.85 |
2.98 |
3.12 |
3.28 |
| SIMO's Total
Ranking |
# 1343 |
# 0 |
# 0 |
# 1777 |
# |
| Accounts Receivable average collection period days |
106 |
128 |
122 |
117 |
111 |
| Seq. Receivable Change |
0 % |
0 % |
0 % |
20.05 % |
0 % |
| Seq. Revenue Change |
- |
- |
- |
- |
- |
| Receivable Turnover Ratio Statistics |
| High |
Average |
Low |
| 0.98 |
0.79 |
0.63 |
| (Dec 31 2022) |
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(Dec 31 2023) |
| Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Technology Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Dec 31 2024 | Receivable at quarter ending Dec 31 2024 | | Amplitude Inc | 9.43 | $ 298.348 Millions | $ 31.637 Millions | | Guidewire Software Inc | 9.38 | $ 1,084.207 Millions | $ 115.540 Millions | | Red Violet Inc | 9.30 | $ 75.189 Millions | $ 8.089 Millions | | Sapiens International Corp N V | 9.23 | $ 542.379 Millions | $ 58.763 Millions | | Dirtt Environmental Solutions Ltd | 9.23 | $ 174.313 Millions | $ 18.887 Millions | | N able Inc | 9.18 | $ 465.468 Millions | $ 50.689 Millions | | Hubspot Inc | 9.13 | $ 2,627.278 Millions | $ 287.623 Millions | | Blend Labs Inc | 9.10 | $ 161.544 Millions | $ 17.760 Millions | | Zedge Inc | 9.07 | $ 28.565 Millions | $ 3.151 Millions | | Roblox Corporation | 9.01 | $ 3,781.510 Millions | $ 419.479 Millions | | Sandisk Corporation | 9.01 | $ 6,237.171 Millions | $ 692.003 Millions | | Zoom Communications Inc | 9.01 | $ 4,526.423 Millions | $ 502.247 Millions | | Factset Research Systems Inc | 8.98 | $ 2,229.507 Millions | $ 248.212 Millions | | Silvaco Group Inc | 8.97 | $ 59.638 Millions | $ 6.648 Millions | | Autodesk Inc | 8.92 | $ 5,497.000 Millions | $ 616.250 Millions | | Carecloud Inc | 8.89 | $ 110.837 Millions | $ 12.468 Millions | | Rackspace Technology Inc | 8.85 | $ 2,736.400 Millions | $ 309.175 Millions | | Rezolve Ai Plc | 8.83 | $ 0.188 Millions | $ 0.021 Millions | | Mobivity Holdings Corp | 8.79 | $ 4.245 Millions | $ 0.483 Millions | | Sidechannel Inc | 8.73 | $ 6.656 Millions | $ 0.763 Millions | | Mobileye Global inc | 8.72 | $ 1,654.000 Millions | $ 189.750 Millions | | Synchronoss Technologies Inc | 8.71 | $ 173.594 Millions | $ 19.933 Millions | | Meridianlink inc | 8.66 | $ 315.770 Millions | $ 36.459 Millions | | Iridium Communications Inc | 8.64 | $ 830.682 Millions | $ 96.119 Millions | | Kaltura Inc | 8.63 | $ 178.106 Millions | $ 20.644 Millions | | Materion Corporation | 8.61 | $ 1,683.985 Millions | $ 195.474 Millions | | Nextdoor Holdings Inc | 8.61 | $ 247.276 Millions | $ 28.713 Millions | | Alkami Technology Inc | 8.56 | $ 333.630 Millions | $ 38.954 Millions | | Gopro Inc | 8.56 | $ 801.473 Millions | $ 93.584 Millions | | Avidxchange Holdings Inc | 8.49 | $ 438.940 Millions | $ 51.684 Millions |
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Date modified: 2025-05-03T01:58:24+00:00
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