Guidewire Software Inc (GWRE)
Receivables turnover
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,202,459 | 1,137,404 | 1,084,574 | 1,035,991 | 980,497 | 958,940 | 925,752 | 917,466 | 905,341 | 879,982 | 869,940 | 841,962 | 812,614 | 797,450 | 763,970 | 739,399 | 743,267 | 757,506 | 761,703 | 755,099 |
| Receivables | US$ in thousands | 272,268 | 314,221 | 237,482 | 226,904 | 242,177 | 229,875 | 219,208 | 202,314 | 256,486 | 257,234 | 227,940 | 179,015 | 227,450 | 201,254 | 196,023 | 178,732 | 192,916 | 183,062 | 187,220 | 164,628 |
| Receivables turnover | 4.42 | 3.62 | 4.57 | 4.57 | 4.05 | 4.17 | 4.22 | 4.53 | 3.53 | 3.42 | 3.82 | 4.70 | 3.57 | 3.96 | 3.90 | 4.14 | 3.85 | 4.14 | 4.07 | 4.59 |
July 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,202,459K ÷ $272,268K
= 4.42
The receivables turnover ratio of Guidewire Software Inc. exhibits fluctuations over the examined period from October 2020 through July 2025. Initially, the ratio decreased from 4.59 in October 2020 to a low of 3.57 in July 2022, indicating a decline in the company's efficiency in collecting accounts receivable during that timeframe. Subsequently, a noticeable upward trend is observed, with the ratio rising to peaks such as 4.70 in October 2022 and maintaining relatively strong levels through early 2023, including 4.57 in October 2023 and January 2024.
Periodically, the ratio experiences minor dips, for example, to 3.42 in April 2023 and 3.62 in April 2025, suggesting some variability in receivables collection efficiency. Overall, the ratio tends to hover around 4.0, reflecting a general consistency with occasional improvements and declines. The current value of 4.57 in October 2024 is among the higher points within the period, illustrating a relatively efficient receivables collection process compared to earlier phasess.
These movements may reflect operational adjustments, changes in customer credit terms, or variations in the customer base’s payment behaviors. The overall trend suggests that while there was a period of decreased efficiency in collection efforts, recent data indicates a recovery and stabilization toward higher receivables turnover, supporting an assessment of effective receivables management in recent periods.