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Sumo Logic Inc   (SUMO)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Sumo Logic Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Sumo Logic Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 4.89, 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 third quarter 2023. Average collection period, for Sumo Logic Inc 's accounts receivable remained unchanged at 75 days, in the Oct 31 2022 quarter.

If we take a look into Technology sector 542 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio remained unchanged relative to the previous period at no. 2718.

What is Receivable Turnover Ratio?
What is Sumo Logic Inc Selling?


What is Receivable Turnover Ratio?




SUMO Receivables Turnover Ratio (Oct 31 2022)
III. Quarter
(Jul 31 2022)
II. Quarter
(Apr 30 2022)
I. Quarter
(Jan 31 2022)
IV. Quarter
(Oct 31 2021)
III. Quarter
Y / Y Receivable Change 29.67 % 64.92 % 8.78 % 18.63 % -
Y / Y Revenue Change 27.31 % 25.95 % - -42.33 % -
Receivable Turnover Ratio (TTM) 4.89 4.87 5.08 - -
SUMO's Total Ranking # 2718 # 2718 # 2718 # 0 # 0
Average receivable collection period 75 75 72 - -
Seq. Receivable Change 10.92 % 4.21 % -1.54 % 13.93 % 41.08 %
Seq. Revenue Change 6.54 % 9.22 % 126.85 % -51.77 % 5.4 %


Receivable Turnover Company Ranking
Within: No.
Software & Programming Industry # 148
Technology Sector # 543
Overall Market # 2718

Receivable Turnover Ratio Statistics
High Average Low
0.43 0.2 -0.17
(Oct 31 2022)   (Jan 31 2022)






Financial Statements
Sumo Logic Inc 's Accounts Receivable $ 56 Millions Visit SUMO's Balance sheet
Sumo Logic Inc 's Sales TTM $ 251 Millions Visit SUMO's Income Statement
Where are SUMO's Sales coming from? Visit SUMO'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
SUMO's Receivable Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SUMO's Competitors
Receivables Turnover Ratio for SUMO's Suppliers
Accounts Receivables Turnover Ratio for SUMO's Customers

You may also want to know
SUMO's Growth Rates SUMO's Roa SUMO's Inventory Turnover Ratio SUMO's Dividend Comparisons
SUMO's Profitability Ratios SUMO's Roi SUMO's Asset Turnover Ratio SUMO's Dividend Growth
SUMO's Valuation Ratios SUMO's Roe SUMO's Financial Strength Ratios SUMO's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Oct 31 2022, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Oct 31 2022 Receivable at quarter ending Oct 31 2022
Aspen Technology inc   12.24 $ 771.801  Millions$ 63.057  Millions
Q2 Holdings inc   12.09 $ 551.022  Millions$ 45.561  Millions
Verifyme Inc   12.01 $ 10.128  Millions$ 0.843  Millions
Bridgeline Digital Inc   11.98 $ 16.819  Millions$ 1.404  Millions
Digitalocean Holdings Inc   11.94 $ 532.986  Millions$ 44.657  Millions
Nutanix Inc   11.93 $ 1,635.888  Millions$ 137.130  Millions
Powerdyne International Inc   11.84 $ 0.747  Millions$ 0.063  Millions
Broadcom Inc   11.77 $ 33,203.000  Millions$ 2,822.000  Millions
Marathon Digital Holdings Inc   11.76 $ 176.397  Millions$ 15.000  Millions
Avidxchange Holdings Inc   11.73 $ 413.408  Millions$ 35.229  Millions
Oblong Inc   11.64 $ 6.556  Millions$ 0.563  Millions
Turtle Beach Corporation  11.51 $ 248.696  Millions$ 21.614  Millions
Premier Inc   11.44 $ 1,381.627  Millions$ 120.722  Millions
Sunpower Corp  11.40 $ 1,626.787  Millions$ 142.653  Millions
Duolingo Inc   11.22 $ 337.020  Millions$ 30.036  Millions
Powerschool Holdings Inc   11.15 $ 703.204  Millions$ 63.093  Millions
Electronic Systems Technology Inc   11.09 $ 1.750  Millions$ 0.158  Millions
Benefitfocus Inc   11.08 $ 249.106  Millions$ 22.484  Millions
Nanthealth Inc   11.07 $ 64.080  Millions$ 5.787  Millions
Duos Technologies Group Inc   11.07 $ 12.795  Millions$ 1.156  Millions
Freshworks Inc   10.95 $ 581.435  Millions$ 53.122  Millions
Red Violet Inc   10.89 $ 51.507  Millions$ 4.732  Millions
My Size Inc   10.88 $ 1.974  Millions$ 0.182  Millions
Cvent Holding Corp   10.86 $ 978.450  Millions$ 90.063  Millions
Activision Blizzard inc   10.77 $ 7,356.000  Millions$ 683.000  Millions
Silicon Laboratories inc   10.75 $ 877.292  Millions$ 81.581  Millions
Where Food Comes From Inc   10.69 $ 24.558  Millions$ 2.298  Millions
Inseego Corp   10.65 $ 265.299  Millions$ 24.916  Millions
Sypris Solutions Inc   10.53 $ 105.060  Millions$ 9.976  Millions
Nerdwallet Inc   10.53 $ 772.431  Millions$ 73.350  Millions

Date modified: 2022-12-07T12:02:06+00:00



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