Braze (STU:K43) Receivables Turnover : 1.58 (As of Jan. 2024)

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What is Braze 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. Braze's Revenue for the three months ended in Jan. 2024 was €120.2 Mil. Braze's average Accounts Receivable for the three months ended in Jan. 2024 was €76.1 Mil. Hence, Braze's Receivables Turnover for the three months ended in Jan. 2024 was 1.58.

Braze Receivables Turnover Historical Data

The historical data trend for Braze'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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Braze Receivables Turnover Chart

Braze Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

4.14

4.98

4.92

5.09

5.50

Braze Quarterly Data
	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial											1.39	1.39	1.68	1.79	1.58

Competitive Comparison of Braze's Receivables Turnover

For the Software - Application subindustry, Braze'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.

Braze's Receivables Turnover Distribution in the Software Industry

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

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

Braze Receivables Turnover Calculation

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

Braze'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 )
=	433.112	/ (	(72.698	+	84.691)	/	2 )
=	433.112	/	78.6945
=	5.50

Braze'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 )
=	120.219	/ (	(67.551	+	84.691)	/	2 )
=	120.219	/	76.121
=	1.58

Braze (STU:K43) 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.

Braze Receivables Turnover Related Terms

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Braze (STU:K43) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Braze Inc (STU:K43) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BRZE:USA

Address

330 West 34th Street, Floor 18, New York, NY, USA, 10001

Website

https://www.braze.com

Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries.

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