Constellation Software (Constellation Software) Receivables Turnover : 2.17 (As of Dec. 2023)

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What is Constellation Software 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. Constellation Software's Revenue for the three months ended in Dec. 2023 was $2,321 Mil. Constellation Software's average Accounts Receivable for the three months ended in Dec. 2023 was $1,070 Mil. Hence, Constellation Software's Receivables Turnover for the three months ended in Dec. 2023 was 2.17.

Constellation Software Receivables Turnover Historical Data

The historical data trend for Constellation 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.

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Constellation Software Receivables Turnover Chart

Constellation Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.90

8.77

9.43

8.88

8.25

Constellation Software 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															2.26	2.01	2.05	2.16	2.17

Competitive Comparison of Constellation Software's Receivables Turnover

For the Software - Application subindustry, Constellation 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.

Constellation Software's Receivables Turnover Distribution in the Software Industry

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

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

Constellation Software Receivables Turnover Calculation

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

Constellation Software'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 )
=	8405	/ (	(892	+	1146)	/	2 )
=	8405	/	1019
=	8.25

Constellation Software'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 )
=	2321	/ (	(994	+	1146)	/	2 )
=	2321	/	1070
=	2.17

Constellation Software (OTCPK:CNSWF) 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.

Constellation Software Receivables Turnover Related Terms

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Constellation Software (Constellation Software) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Constellation Software Inc (OTCPK:CNSWF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

W9C:Germany CSU:Canada

Address

20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6

Website

https://www.csisoftware.com

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care. The firm has operations in Canada; USA; UK/Europe and Other.