ACI Worldwide (STU:TSA) Receivables Turnover : 1.63 (As of Mar. 2024)

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What is ACI Worldwide 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. ACI Worldwide's Revenue for the three months ended in Mar. 2024 was €291 Mil. ACI Worldwide's average Accounts Receivable for the three months ended in Mar. 2024 was €178 Mil. Hence, ACI Worldwide's Receivables Turnover for the three months ended in Mar. 2024 was 1.63.

ACI Worldwide Receivables Turnover Historical Data

The historical data trend for ACI Worldwide'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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ACI Worldwide Receivables Turnover Chart

ACI Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.60

4.55

8.50

7.80

6.22

ACI Worldwide 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															1.03	0.93	1.01	1.53	1.63

Competitive Comparison of ACI Worldwide's Receivables Turnover

For the Software - Infrastructure subindustry, ACI Worldwide'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.

ACI Worldwide's Receivables Turnover Distribution in the Software Industry

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

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

ACI Worldwide Receivables Turnover Calculation

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

ACI Worldwide'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 )
=	1332.015	/ (	(202.801	+	225.699)	/	2 )
=	1332.015	/	214.25
=	6.22

ACI Worldwide'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 )
=	290.737	/ (	(225.699	+	129.968)	/	2 )
=	290.737	/	177.8335
=	1.63

ACI Worldwide (STU:TSA) 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.

ACI Worldwide Receivables Turnover Related Terms

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ACI Worldwide (STU:TSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ACI Worldwide Inc (STU:TSA) » Definitions » Receivables Turnover

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ACIW:USA

Address

2811 Ponce de Leon Boulevard, PH 1, Coral Gables, FL, USA, 33134

Website

https://www.aciworldwide.com

ACI Worldwide Inc develops, markets, and installs a portfolio of software products primarily focused on facilitating electronic payments. The firm also leverages its distribution network in the Americas; Europe, the Middle East, and Africa, or EMEA; and Asia-Pacific regions to sell software developed by third parties. ACI software products process payment transactions for retail banking clients, billers such as utilities and healthcare providers, and community banks and credit unions. ACI's customers are financial institutions all over the world, but most of the revenue is generated in the United States and EMEA regions.

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