Allot (ALLT) Receivables Turnover : 1.34 (As of Dec. 2023)

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What is Allot 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. Allot's Revenue for the three months ended in Dec. 2023 was $24.34 Mil. Allot's average Accounts Receivable for the three months ended in Dec. 2023 was $18.22 Mil. Hence, Allot's Receivables Turnover for the three months ended in Dec. 2023 was 1.34.

Allot Receivables Turnover Historical Data

The historical data trend for Allot'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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Allot Receivables Turnover Chart

Allot Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.00

5.47

5.65

3.27

3.16

Allot Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.84	0.50	0.73	0.89	1.34

Competitive Comparison of Allot's Receivables Turnover

For the Software - Infrastructure subindustry, Allot'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.

Allot's Receivables Turnover Distribution in the Software Industry

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

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

Allot Receivables Turnover Calculation

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

Allot'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 )
=	93.15	/ (	(44.167	+	14.828)	/	2 )
=	93.15	/	29.4975
=	3.16

Allot's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	24.342	/ (	(21.62	+	14.828)	/	2 )
=	24.342	/	18.224
=	1.34

Allot (NAS:ALLT) 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.

Allot Receivables Turnover Related Terms

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Allot (ALLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Allot Ltd (NAS:ALLT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ALLT:Israel AG6:Germany

Address

22 Hanagar Street, Neve Ne’eman Industrial Zone B, Hod-Hasharon, ISR, 4501317

Website

https://www.allot.com

Allot Ltd is a provider of leading innovative network intelligence and security solutions for service providers and enterprises. The company's solutions are deployed globally for network and application analytics, traffic control and shaping, and network-based security services. The firm's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1000 enterprises.

Executives

Gemini Israel Ii Parallel Fund Lp /ny	10 percent owner
Gemini Israel Ii Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Israel Funds Ltd.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Partners Investors L.p.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Capital Associates Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Advent Pggm Gemini Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725