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. Marin Software's Revenue for the
three
months ended in Mar. 2024 was $4.03 Mil. Marin Software's average Accounts Receivable for the
three
months ended in Mar. 2024 was $3.64 Mil.
Hence, Marin Software's Receivables Turnover for the
three
months ended in Mar. 2024 was 1.11.
Marin Software Receivables Turnover Historical Data
The historical data trend for Marin Software'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.
Competitive Comparison of Marin Software's Receivables Turnover
For the Software - Application subindustry, Marin Software'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.
Marin Software's Receivables Turnover Distribution in the Software Industry
For the Software industry and Technology sector, Marin Software's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Marin Software's Receivables Turnover falls into.
Marin Software Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Marin Software's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Marin Software Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Marin Software's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Marin Software (Marin Software) Business Description
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
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