Agilysys Inc (AGYS)

Receivables turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	275,624	237,464	198,065	162,636	137,176
Receivables	US$ in thousands	—	31,728	24,620	26,844	28,096
Receivables turnover		—	7.48	8.04	6.06	4.88

March 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $275,624K ÷ $—K
= —

The receivables turnover ratio for Agilysys Inc has shown a generally increasing trend over the years, as follows:

- As of March 31, 2021, the receivables turnover stood at 4.88, indicating that on average, the company collected its outstanding receivables approximately 4.88 times during the year.
- By March 31, 2022, the ratio improved to 6.06, suggesting that the company was able to collect its outstanding receivables more efficiently than the previous year.
- Subsequently, the receivables turnover ratio continued to strengthen, reaching 8.04 by March 31, 2023, which signifies even better management of accounts receivables.
- However, by March 31, 2024, the ratio slightly declined to 7.48, indicating a potential slowdown in receivables collection efficiency compared to the previous year.
- Unfortunately, the receivables turnover data for March 31, 2025 is unavailable.

Overall, the increasing trend in the receivables turnover ratio up to 2023 demonstrates that Agilysys Inc has been effectively managing its accounts receivables and collecting outstanding payments more frequently. However, the slight decline in 2024 warrants further investigation to ensure the company's continued efficiency in receivables management.