GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerSchool Holdings Inc (NYSE:PWSC) » Definitions » Receivables Turnover

PowerSchool Holdings (PowerSchool Holdings) Receivables Turnover : 2.69 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is PowerSchool Holdings 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. PowerSchool Holdings's Revenue for the three months ended in Mar. 2024 was $185.0 Mil. PowerSchool Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $68.9 Mil. Hence, PowerSchool Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 2.69.


PowerSchool Holdings Receivables Turnover Historical Data

The historical data trend for PowerSchool Holdings'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.

PowerSchool Holdings Receivables Turnover Chart

PowerSchool Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
6.68 8.48 11.59 12.28 10.66

PowerSchool Holdings Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.19 2.81 1.71 1.72 2.69

Competitive Comparison of PowerSchool Holdings's Receivables Turnover

For the Software - Application subindustry, PowerSchool Holdings'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.


PowerSchool Holdings's Receivables Turnover Distribution in the Software Industry

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

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



PowerSchool Holdings Receivables Turnover Calculation

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

PowerSchool Holdings'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 )
=697.651 / ((54.296 + 76.618) / 2 )
=697.651 / 65.457
=10.66

PowerSchool Holdings'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 )
=184.967 / ((76.618 + 61.121) / 2 )
=184.967 / 68.8695
=2.69

* 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.


PowerSchool Holdings  (NYSE:PWSC) 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.


PowerSchool Holdings Receivables Turnover Related Terms

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


PowerSchool Holdings (PowerSchool Holdings) Business Description

Traded in Other Exchanges
N/A
Address
150 Parkshore Drive, Folsom, CA, USA, 95630
PowerSchool Holdings Inc is a provider of cloud-based software to the K-12 education market. Its cloud-based technology platform helps schools and districts efficiently manage state reporting and related compliance, special education, finance, HR, talent, registration, attendance, funding, learning, instruction, grading, college and career readiness, assessments, and analytics in one unified platform. The Company's integrated technology approach streamlines operations aggregate disparate data sets and develops insights using predictive modeling and machine learning. It earns revenue from subscription offerings, perpetual software licenses, maintenance and support services, and professional services.
Executives
Eric Ryan Shander officer: Chief Financial Officer 100 EAST DAVIE STREET, RALEIGH NC 27601
Hardeep Gulati director, officer: Chief Executive Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Devendra Singh officer: Chief Technology Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Shivani Stumpf officer: CPO C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR., FOLSOM CA 95630
Anthony Kender officer: Chief Revenue Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR, FOLSOM CA 95630
Fred Studer officer: Chief Marketing Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR, FOLSOM CA 95630
Zach Levitt director C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR., FOLSOM CA 95630
Marcy Daniel officer: Chief Product Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Angelina Hendraka officer: Chief Accounting Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Michael C. Bisignano officer: Chief Legal Officer 520 MADISON AVENUE, NEW YORK NY 10022
Judy Cotte director C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Anthony Joseph Miller officer: Chief Marketing Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Maulik Datanwala officer: Chief Operating Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Onex Partners Iv Gp Ltd director, 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Craig Greenseid officer: Chief Revenue Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630

PowerSchool Holdings (PowerSchool Holdings) Headlines