Agilysys Inc (AGYS)

Receivables turnover

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Revenue (ttm)	US$ in thousands	201,352	263,573	254,578	244,915	237,462	228,138	217,492	206,618	198,065	191,727	181,267	171,417	162,636	152,413	149,628	146,096	137,178	140,501	145,813	152,175
Receivables	US$ in thousands	—	53,291	36,151	30,831	31,728	51,337	31,040	27,864	24,620	34,484	24,742	25,562	26,844	26,585	21,115	24,893	28,096	33,684	22,648	33,171
Receivables turnover		—	4.95	7.04	7.94	7.48	4.44	7.01	7.42	8.04	5.56	7.33	6.71	6.06	5.73	7.09	5.87	4.88	4.17	6.44	4.59

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $201,352K ÷ $—K
= —

Agilysys Inc's receivables turnover ratio has shown a fluctuating trend over the past few years. From June 30, 2020, to March 31, 2025, the company's receivables turnover ratio ranged from 4.17 to 8.04. The ratio increased steadily from September 2020 to March 2023, indicating that the company was collecting its accounts receivable more efficiently during this period.

However, there was a slight decline in the receivables turnover ratio from June 30, 2023, to December 31, 2024, before showing an increase again on March 31, 2025. This fluctuation suggests that the company may have experienced changes in its credit policies, customer payment patterns, or sales volume during these periods.

Overall, a higher receivables turnover ratio indicates that Agilysys Inc is collecting its accounts receivable more quickly, which is generally a positive sign of efficient credit management and liquidity. It is essential for the company to monitor this ratio continuously to ensure timely collection of receivables and optimize its working capital management.