CommVault Systems Inc (CVLT)

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	995,619	943,872	898,050	865,769	839,247	819,433	797,699	784,759	784,590	787,061	794,368	784,151	769,591	754,983	740,594	733,893	723,472	696,880	685,239	681,682
Receivables	US$ in thousands	251,995	271,363	194,879	203,176	222,683	223,710	196,434	176,512	210,441	215,464	170,166	181,535	194,238	213,040	166,272	158,862	188,126	190,651	138,957	149,778
Receivables turnover		3.95	3.48	4.61	4.26	3.77	3.66	4.06	4.45	3.73	3.65	4.67	4.32	3.96	3.54	4.45	4.62	3.85	3.66	4.93	4.55

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $995,619K ÷ $251,995K
= 3.95

CommVault Systems Inc's receivables turnover has shown fluctuating trends over the analyzed period from June 30, 2020, to March 31, 2025. The receivables turnover ratio indicates how efficiently the company is collecting outstanding receivables from its customers.

The data shows that the receivables turnover ratio ranged from a low of 3.48 on December 31, 2024, to a high of 4.93 on September 30, 2020. Generally, a higher receivables turnover ratio is preferred as it suggests that the company is able to collect outstanding payments more quickly.

Overall, CommVault Systems Inc's receivables turnover has been relatively stable, with some fluctuations observed. It is important for the company to closely monitor this ratio to ensure efficient management of its accounts receivables and timely collection of payments from customers.