ZoomInfo Technologies Inc. (GTM)

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 1,209,900 1,214,300 1,221,600 1,231,800 1,248,900 1,239,500 1,224,800 1,198,600 1,157,100 1,098,100 1,018,700 928,700 835,600 747,200 664,600 590,400 527,300 476,200 427,600 383,300
Receivables US$ in thousands 2,967,500 257,500 2,957,900 195,400 237,700 277,900 231,800 211,400 221,100 222,900 169,600 165,900 170,900 191,900 121,200 114,500 117,400 123,600 94,500 93,500
Receivables turnover 0.41 4.72 0.41 6.30 5.25 4.46 5.28 5.67 5.23 4.93 6.01 5.60 4.89 3.89 5.48 5.16 4.49 3.85 4.52 4.10

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,209,900K ÷ $2,967,500K
= 0.41

The receivables turnover ratio for ZoomInfo Technologies Inc. demonstrates notable fluctuations over the analyzed period, reflecting variations in the efficiency with which the company collects its accounts receivable. Initially, in June 2020, the ratio stood at 4.10, indicating that the company collected its receivables approximately 4.10 times during that period. This ratio increased consistently through the subsequent quarters, reaching a peak of 6.01 in September 2022, suggesting an improvement in receivables collection efficiency.

Between September 2022 and September 2023, the ratio experienced slight fluctuations but generally maintained an upward trend, reaching 5.28 in September 2023. This indicates that the company's collections remained reasonably efficient during this timeframe.

However, a significant decline appears in the data from December 2023 onward, where the ratio drops markedly to 4.46 by the end of 2023 and remains relatively steady into March 2024 at 5.25. Notably, in June 2024, the receivables turnover ratio surges to 6.30, representing a substantial improvement in collection efficiency compared to previous periods.

Contrastingly, the ratios for September 2024 and March 2025 show a sharp decline to 0.41, which suggests an extraordinary and likely anomalous event affecting receivables collection. Such a drastic decrease could be attributed to accounting adjustments, write-offs, or other exceptional circumstances impacting receivables accounting.

Overall, the company's receivables turnover ratio has experienced periods of steady improvement and occasional volatility, with recent data indicating a possible disruption or anomaly in collection processes. The observed fluctuations highlight the importance of contextual factors—such as changes in credit policies, customer base, or accounting practices—that may influence the ratios over time.