CSIMarket
 


Crexendo Inc   (CXDO)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services

Crexendo Inc 's Working Capital Ratio

CXDO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Crexendo Inc 's Current Assets grew by 10.71 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Crexendo Inc 's Working Capital Ratio to 1.69, Working Capital Ratio remained below Crexendo Inc average.

Within Communications Services industry 4 other companies have achieved higher Working Capital Ratio than Crexendo Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 1186, from total ranking in the third quarter 2023 at 2537.

Explain Working Capital Ratio
How much in Current Assets CXDO´s has?
What is the value of CXDO´s Current Liabilities?


CXDO Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -1.25 % 27.43 % 1.84 % -4.79 % -1.71 %
Y / Y Current Assets Change 40.01 % 34.7 % 28.15 % 21.66 % 6.83 %
Working Capital Ratio MRQ 1.69 1.55 1.46 1.43 1.19
CXDO's Total Ranking # 1186 # 2537 # 2813 # 1841 # 3294
Seq. Current Liabilities Change 1.63 % 4.76 % 4.98 % -11.65 % 31.15 %
Seq. Current Assets Change 10.71 % 11.2 % 6.73 % 6.55 % 6.51 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Communications Services Industry # 5
Services Sector # 111
Overall Market # 1186


Working Capital Ratio Statistics
High Average Low
7.72 1.91 0.94
(Dec 31 2020)   (Sep 30 2016)




Financial Statements
Crexendo Inc 's Current Liabilities $ 10 Millions Visit CXDO's Balance sheet
Crexendo Inc 's Current Assets $ 17 Millions Visit CXDO's Balance sheet
Source of CXDO's Sales Visit CXDO's Sales by Geography


Cumulative Crexendo Inc 's Working Capital Ratio

CXDO's Working Capital Ratio for the trailling 12 Months

CXDO Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -1.25 % 27.43 % 1.84 % -4.79 % -1.71 %
Y / Y Current Assets TTM Growth 40.01 % 34.7 % 28.15 % 21.66 % 6.83 %
Working Capital Ratio TTM 1.53 1.4 1.38 1.3 1.22
Total Ranking TTM # 1855 # 2185 # 2590 # 3717 # 2911
Seq. Current Liabilities TTM Growth 1.63 % 4.76 % 4.98 % -11.65 % 31.15 %
Seq. Current Assets TTM Growth 10.71 % 11.2 % 6.73 % 6.55 % 6.51 %


On the trailing twelve months basis CXDO Current Assets soared by 40.01 % in IV Quarter 2023 year on year, while Current Liabilities rose to $10 millions, this led to increase in in Crexendo Inc 's Working Capital Ratio to 1.53, Working Capital Ratio remained below CXDO average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Communications Services industry 18 other companies have achieved higher Working Capital Ratio than Crexendo Inc . While Working Capital Ratio overall ranking has improved so far to 1855, from total ranking during the twelve months ending third quarter 2023 at 2185.

Explain Working Capital Ratio
How much in Current Assets CXDO´s has?
What is the value of CXDO´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Communications Services Industry # 19
Services Sector # 286
Within the Market # 1855


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.57 1.78 1.06
(Mar 31 2021)   (Mar 31 2017)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Communications Services Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Anterix Inc   4.51 $ 77.849  Millions$ 17.263  Millions
Spok Holdings Inc  3.65 $ 63.892  Millions$ 17.526  Millions
Calix Inc   3.19 $ 597.956  Millions$ 187.642  Millions
Surgepays Inc   2.86 $ 36.379  Millions$ 12.705  Millions
Ziff Davis Inc   2.76 $ 1,190.994  Millions$ 431.833  Millions
Nuvera Communications Inc   2.30 $ 42.698  Millions$ 18.576  Millions
Crexendo Inc   1.69 $ 17.291  Millions$ 10.261  Millions
United States Cellular Corporation  1.55 $ 1,400.000  Millions$ 901.000  Millions
Idt Corporation  1.43 $ 407.576  Millions$ 285.034  Millions
Telephone And Data Systems Inc   1.40 $ 1,660.000  Millions$ 1,184.000  Millions
Cogent Communications Holdings inc   1.38 $ 513.627  Millions$ 373.324  Millions
Frontier Communications Parent Inc   1.22 $ 2,781.000  Millions$ 2,275.000  Millions
Cleartronic Inc   0.97 $ 1.465  Millions$ 1.509  Millions
Atn International inc   0.96 $ 281.272  Millions$ 293.194  Millions
Telef nica Brasil S a   0.96 $ 3,656.543  Millions$ 3,815.995  Millions
T mobile Us Inc   0.91 $ 19,015.000  Millions$ 20,928.000  Millions
Telef nica S a   0.89 $ 23,246.720  Millions$ 26,206.880  Millions
Globalstar Inc   0.81 $ 142.653  Millions$ 175.908  Millions
Verizon Communications Inc   0.75 $ 36,814.000  Millions$ 48,957.000  Millions
At and t Inc   0.71 $ 36,458.000  Millions$ 51,127.000  Millions
Echostar Corporation  0.61 $ 4,891.814  Millions$ 8,018.589  Millions
Qwest Corporation  0.44 $ 415.000  Millions$ 933.000  Millions

Date modified: 2024-03-06T17:09:06+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com