NetScout Systems Inc (NTCT)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 822,679 | 829,455 | 914,530 | 855,575 | 831,282 |
| Receivables | US$ in thousands | 163,654 | 192,096 | 143,855 | 148,245 | 197,717 |
| Receivables turnover | 5.03 | 4.32 | 6.36 | 5.77 | 4.20 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $822,679K ÷ $163,654K
= 5.03
NetScout Systems Inc's receivables turnover has exhibited fluctuations over the past five years. The ratio increased from 4.20 in March 2021 to 5.77 in March 2022, indicating an improvement in the company's ability to efficiently collect receivables. Thereafter, the ratio continued to rise to 6.36 in March 2023, reflecting a further enhancement in the company's receivables management.
However, there was a considerable decline in the receivables turnover to 4.32 in March 2024, suggesting a potential slowdown in the collection of receivables compared to the previous year. Subsequently, the ratio slightly recovered to 5.03 in March 2025, but remained below the levels seen in March 2023.
Overall, the trend in NetScout Systems Inc's receivables turnover indicates some variability in the efficiency of collecting receivables over the specified period, with notable improvements in certain years and slight setbacks in others.
Peer comparison
Mar 31, 2025