Virtusa Corp Receivables Turnover Ratio (VRTU), from the third quarter 2021 to the third quarter 2020 current and historic results, rankings and more - CSIMarket
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Virtusa Corp  (NASDAQ: VRTU)
 

Virtusa Accounts Receivables Turnover Ratio from the third quarter 2021 to the third quarter 2020

Quarterly Results, Trends, Rankings, Statistics


Virtusa Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2021 to a ratio of 5.35, this represents a new company high. This is a clear indication for improving liquidity at Virtusa Corp's clients. Average receivable collection period, for the Virtusa in Dec 31 2020 quarter, has decreased to 68 days, compared to 71 days, in the Sep 30 2020 quarter.

If we take a look into Technology sector 397 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2020 from 873 to 2625.

What is Receivable Turnover Ratio?
What is Virtusa Corp Selling?


What is Receivable Turnover Ratio?





VRTU Receivables Turnover Ratio (Dec 31 2020)
III. Quarter
(Sep 30 2020)
II. Quarter
(Jun 30 2020)
I. Quarter
(Mar 31 2020)
IV. Quarter
(Dec 31 2019)
III. Quarter
Y / Y Receivable Change -14.36 % -15.27 % -12.44 % 3.97 % 3.61 %
Y / Y Revenue Change 3.28 % -3.44 % -5.63 % 0.62 % 6.49 %
Receivable Turnover Ratio (TTM) 5.35 5.11 4.95 4.87 4.91
VRTU's Total Ranking # 2625 # 873 # 873 # 873 # 2618
Accounts Receivable average collection period days 68 71 74 75 74
Seq. Receivable Change -3.68 % -2.21 % -18.67 % 11.8 % -4.71 %
Seq. Revenue Change 9.12 % 5.36 % -8.67 % -1.63 % 2.01 %


Receivable Turnover Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 68
Technology Sector # 398
Overall Market # 2625

Receivable Turnover Ratio Statistics
High Average Low
5.35 4.74 4.27
(Dec 31 2020)   (Dec 31 2016)






Financial Statements
Virtusa's Accounts Receivable $ 220 Millions Visit VRTU's Balance sheet
Virtusa's Sales TTM $ 1,294 Millions Visit VRTU's Income Statement
Sources of VRTU's Revenues Visit VRTU's Sales by Geography

Other Accounts Receivable Turnover Ratios
Cloud Computing & Data Analytics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
VRTU's Receivable Turnover Ratio versus Cloud Computing & Data Analytics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2020, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2020 Receivable at quarter ending Dec 31 2020
Netease Inc   16.10 $ 11,289.982  Millions$ 701.371  Millions
Qxo Inc   16.05 $ 41.220  Millions$ 2.568  Millions
Gresham Worldwide Inc   15.80 $ 12.927  Millions$ 0.818  Millions
Duck Creek Technologies Inc   15.72 $ 224.008  Millions$ 14.251  Millions
Cootek cayman inc   15.70 $ 441.505  Millions$ 28.127  Millions
Icoreconnect Inc   15.52 $ 2.124  Millions$ 0.137  Millions
Resonant Inc   15.30 $ 3.160  Millions$ 0.207  Millions
Zix Corp  15.04 $ 218.478  Millions$ 14.527  Millions
Sharpspring Inc   15.00 $ 29.288  Millions$ 1.953  Millions
Zw Data Action Technologies Inc   14.63 $ 38.408  Millions$ 2.625  Millions
Shutterstock inc   14.33 $ 666.686  Millions$ 46.508  Millions
Five9 Inc   14.23 $ 434.908  Millions$ 30.562  Millions
Electronic Systems Technology Inc  14.06 $ 1.948  Millions$ 0.139  Millions
Isign Solutions Inc   14.05 $ 0.966  Millions$ 0.069  Millions
Streamline Health Solutions Inc   13.97 $ 17.359  Millions$ 1.243  Millions
Mmtec Inc  13.89 $ 0.742  Millions$ 0.053  Millions
Match Group Inc   13.83 $ 2,391.269  Millions$ 172.856  Millions
Focus Universal Inc   13.65 $ 1.679  Millions$ 0.123  Millions
Bridgeline Digital Inc   13.63 $ 10.911  Millions$ 0.800  Millions
Tripadvisor Inc   13.35 $ 604.000  Millions$ 45.250  Millions
Nanthealth Inc   13.20 $ 73.172  Millions$ 5.542  Millions
Sapiens International Corp N V  13.08 $ 382.903  Millions$ 29.268  Millions
Nxp Semiconductors N v   12.96 $ 8,612.000  Millions$ 664.250  Millions
Vuzix Corp  12.80 $ 11.580  Millions$ 0.904  Millions
Sciplay Corporation  12.80 $ 582.200  Millions$ 45.500  Millions
Asure Software Inc   12.77 $ 65.507  Millions$ 5.128  Millions
Aspen Technology inc   12.70 $ 688.583  Millions$ 54.220  Millions
Cango inc   12.69 $ 314.549  Millions$ 24.782  Millions
Data Storage Corporation  12.66 $ 9.321  Millions$ 0.736  Millions
Sogou inc   12.54 $ 924.664  Millions$ 73.738  Millions

Date modified: 2026-08-29T17:13:07+00:00



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