CSIMarket
 


Mix Telematics Limited  (MIXT)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Mix Telematics Limited's Working Capital Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 1.22 a new company low.

Within Software & Programming industry 22 other companies have achieved higher Working Capital Ratio than Mix Telematics Limited in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 612, from total ranking in the second quarter 2023 at 2081.

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


MIXT Working Capital Ratio (Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Current Liabilities Change 11.17 % 21.47 % 32.23 % 28.32 % 37.33 %
Y / Y Current Assets Change 1.79 % 8.49 % -0.38 % -6.56 % -8.05 %
Working Capital Ratio MRQ 1.22 1.23 1.32 1.34 1.33
MIXT's Total Ranking # 612 # 2081 # 4209 # 3021 # 587
Seq. Current Liabilities Change 2.43 % 7.98 % -1.39 % 1.94 % 11.92 %
Seq. Current Assets Change 1.46 % 0.93 % -3.17 % 2.65 % 8.15 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Software & Programming Industry # 23
Technology Sector # 133
Overall Market # 612


Working Capital Ratio Statistics
High Average Low
2.36 1.78 1.22
(Mar 31 2021)   (Dec 31 2023)




Financial Statements
Mix Telematics Limited's Current Liabilities $ 57 Millions Visit MIXT's Balance sheet
Mix Telematics Limited's Current Assets $ 69 Millions Visit MIXT's Balance sheet
Source of MIXT's Sales Visit MIXT's Sales by Geography


Cumulative Mix Telematics Limited's Working Capital Ratio

MIXT's Working Capital Ratio for the trailling 12 Months

MIXT Working Capital Ratio

(Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 11.17 % 21.47 % 32.23 % 28.32 % 37.33 %
Y / Y Current Assets TTM Growth 1.79 % 8.49 % -0.38 % -6.56 % -8.05 %
Working Capital Ratio TTM 1.27 1.3 1.34 1.43 1.55
Total Ranking TTM # 1458 # 2544 # 2661 # 2695 # 2938
Seq. Current Liabilities TTM Growth 2.43 % 7.98 % -1.39 % 1.94 % 11.92 %
Seq. Current Assets TTM Growth 1.46 % 0.93 % -3.17 % 2.65 % 8.15 %


On the trailing twelve months basis Due to rise in Current Liabilities in the III Quarter 2023 to $56.73 millions, cumulative Working Capital Ratio decreased to 1.27 below the Mix Telematics Limited average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 114 other companies have achieved higher Working Capital Ratio than Mix Telematics Limited. While Working Capital Ratio overall ranking has improved so far to 590, from total ranking during the twelve months ending second quarter 2023 at 3857.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 115
Technology Sector # 393
Within the Market # 612


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.21 1.82 1.27
(Sep 30 2021)   (Dec 31 2023)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Software & Programming Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Sps Commerce Inc   3.33 $ 434.843  Millions$ 130.669  Millions
Duolingo Inc   3.24 $ 897.798  Millions$ 277.362  Millions
Meridianlink inc   3.22 $ 124.427  Millions$ 38.620  Millions
Datadog Inc   3.17 $ 3,178.137  Millions$ 1,003.052  Millions
Skkynet Cloud Systems Inc   2.88 $ 1.310  Millions$ 0.455  Millions
Monday com Ltd   2.82 $ 1,173.142  Millions$ 416.013  Millions
Semrush Holdings Inc   2.81 $ 265.554  Millions$ 94.479  Millions
Coursera Inc   2.79 $ 832.486  Millions$ 298.260  Millions
On24 Inc   2.64 $ 253.787  Millions$ 96.085  Millions
Pagerduty Inc   2.50 $ 703.198  Millions$ 281.655  Millions
Alarum Technologies Ltd   2.39 $ 13.265  Millions$ 5.560  Millions
Where Food Comes From Inc   2.33 $ 6.213  Millions$ 2.667  Millions
Ansys Inc   2.30 $ 2,049.567  Millions$ 889.294  Millions
American Software Inc   2.29 $ 109.420  Millions$ 47.685  Millions
Netsol Technologies Inc   2.25 $ 40.077  Millions$ 17.812  Millions
Evercommerce Inc   2.24 $ 180.147  Millions$ 80.403  Millions
Q2 Holdings inc   2.23 $ 427.964  Millions$ 191.563  Millions
Smith Micro Software Inc   2.21 $ 16.880  Millions$ 7.642  Millions
Blackline Inc   2.19 $ 1,407.324  Millions$ 642.565  Millions
Alteryx Inc   2.10 $ 1,190.000  Millions$ 566.000  Millions
Workiva Inc  2.08 $ 1,008.936  Millions$ 484.500  Millions
Bandwidth Inc   2.06 $ 252.775  Millions$ 122.771  Millions
Expensify Inc   2.02 $ 137.232  Millions$ 67.892  Millions
Egain Corporation  1.98 $ 105.725  Millions$ 53.293  Millions
Block Inc   1.90 $ 18,857.282  Millions$ 9,921.629  Millions
Elastic N v   1.87 $ 1,362.123  Millions$ 728.272  Millions
Weave Communications Inc   1.78 $ 129.778  Millions$ 72.853  Millions
Crowdstrike Holdings Inc   1.76 $ 4,757.307  Millions$ 2,697.279  Millions
Consensus Cloud Solutions Inc   1.75 $ 125.248  Millions$ 71.384  Millions
Bill Holdings Inc   1.69 $ 6,956.047  Millions$ 4,118.192  Millions

Date modified: 2024-02-09T16:43:21+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