Yext (LTS:0M2Q) Receivables Turnover : 1.27 (As of Jan. 2024)

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What is Yext 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. Yext's Revenue for the three months ended in Jan. 2024 was $101.1 Mil. Yext's average Accounts Receivable for the three months ended in Jan. 2024 was $79.8 Mil. Hence, Yext's Receivables Turnover for the three months ended in Jan. 2024 was 1.27.

Yext Receivables Turnover Historical Data

The historical data trend for Yext'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.

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Yext Receivables Turnover Chart

Yext Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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4.40

3.98

3.92

3.79

3.71

Yext Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															1.15	1.18	1.82	1.91	1.27

Competitive Comparison of Yext's Receivables Turnover

For the Software - Infrastructure subindustry, Yext'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.

Yext's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Yext's Receivables Turnover falls into.

Yext Receivables Turnover Calculation

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

Yext's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	404.322	/ (	(109.727	+	108.198)	/	2 )
=	404.322	/	108.9625
=	3.71

Yext's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	101.107	/ (	(51.387	+	108.198)	/	2 )
=	101.107	/	79.7925
=	1.27

Yext (LTS:0M2Q) 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.

Yext Receivables Turnover Related Terms

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Yext (LTS:0M2Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yext Inc (LTS:0M2Q) » Definitions » Receivables Turnover

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Traded in Other Exchanges

YEXT:USA YEXT:Mexico 0YE:Germany

Address

61 Ninth Avenue, New York, NY, USA, 10011

Website

https://www.yext.com

Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives majority of its revenues from subscription services.

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