CSG Systems International (FRA:CSN) Receivables Turnover : 1.09 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is CSG Systems International Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. CSG Systems International's Revenue for the three months ended in Mar. 2024 was €272 Mil. CSG Systems International's average Accounts Receivable for the three months ended in Mar. 2024 was €249 Mil. Hence, CSG Systems International's Receivables Turnover for the three months ended in Mar. 2024 was 1.09.

CSG Systems International Receivables Turnover Historical Data

The historical data trend for CSG Systems International's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CSG Systems International Receivables Turnover Chart

CSG Systems International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.20

4.01

4.60

4.33

4.25

CSG Systems International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.12	1.11	1.09	1.08	1.09

Competitive Comparison of CSG Systems International's Receivables Turnover

For the Software - Infrastructure subindustry, CSG Systems International's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CSG Systems International's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, CSG Systems International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CSG Systems International's Receivables Turnover falls into.

CSG Systems International Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

CSG Systems International's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1072.21	/ (	(258.834	+	245.463)	/	2 )
=	1072.21	/	252.1485
=	4.25

CSG Systems International's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	271.524	/ (	(245.463	+	253.33)	/	2 )
=	271.524	/	249.3965
=	1.09

CSG Systems International (FRA:CSN) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

CSG Systems International Receivables Turnover Related Terms

Thank you for viewing the detailed overview of CSG Systems International's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

CSG Systems International (FRA:CSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CSG Systems International Inc (FRA:CSN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CSGS:USA

Address

169 Inverness Dr W, Suite 300, Englewood, CO, USA, 80111

Website

https://www.csgi.com

CSG Systems International Inc is a purpose-driven, SaaS platform company that enables companies in a wide variety of industry verticals to tackle the growing complexity of business in the digital age. The company's cloud-first architecture and customer-centric approach empower companies to deliver unforgettable experiences for B2B (business-to-business), B2C (business-to-consumer), and B2B2X (business-to-business-to-consumer) customers, making it easier for people and businesses to connect to, use and pay for the services the company offers. The company operates in one segment i.e. Solutions and Services. Geographically, the company generates revenue from Americas (principally the U.S.).

CSG Systems International (FRA:CSN) Headlines

No Headlines