ANSYS Inc (ANSS)

Receivables turnover

		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	Mar 31, 2020
Revenue (ttm)	US$ in thousands	2,544,809	2,467,743	2,324,646	2,227,107	2,269,949	2,158,956	2,172,672	2,149,923	2,065,553	2,027,105	1,995,762	1,968,566	1,906,715	1,874,734	1,800,531	1,739,538	1,681,297	1,543,839	1,520,773	1,503,747
Receivables	US$ in thousands	1,030,600	811,708	749,216	686,822	886,630	711,070	751,695	668,221	789,250	634,018	613,877	582,700	717,223	505,776	495,543	454,165	569,192	424,508	391,106	383,761
Receivables turnover		2.47	3.04	3.10	3.24	2.56	3.04	2.89	3.22	2.62	3.20	3.25	3.38	2.66	3.71	3.63	3.83	2.95	3.64	3.89	3.92

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,544,809K ÷ $1,030,600K
= 2.47

The receivables turnover for ANSYS Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. The ratio started at 3.92 in March 31, 2020, and generally trended downwards, reaching a low of 2.47 by December 31, 2024.

A higher receivables turnover ratio indicates that the company is able to collect its accounts receivable more quickly, which is generally seen as positive as it reflects efficient management of credit sales and collection. Conversely, a lower ratio suggests that the company may be facing challenges in collecting its receivables in a timely manner.

In the case of ANSYS Inc, the decreasing trend in the receivables turnover ratio may indicate potential issues with collecting payments from customers, which could lead to cash flow challenges if not addressed. Further analysis and monitoring of receivables management practices may be necessary to improve efficiency and liquidity in the company.