NetScout Systems Inc (NTCT)

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	822,679	821,135	787,188	792,882	829,455	834,105	885,577	916,856	914,530	897,628	890,278	874,115	855,575	877,773	844,318	837,739	831,282	847,244	878,529	889,611
Receivables	US$ in thousands	163,654	214,585	118,632	129,270	192,096	221,574	152,603	108,292	143,855	215,838	139,126	112,889	148,245	233,854	162,888	146,199	197,717	208,016	169,687	138,793
Receivables turnover		5.03	3.83	6.64	6.13	4.32	3.76	5.80	8.47	6.36	4.16	6.40	7.74	5.77	3.75	5.18	5.73	4.20	4.07	5.18	6.41

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $822,679K ÷ $163,654K
= 5.03

The receivables turnover ratio for NetScout Systems Inc has fluctuated over the period from June 30, 2020, to March 31, 2025. The ratio indicates how efficiently the company is collecting its accounts receivable during each period. A higher receivables turnover ratio typically suggests that the company is collecting its outstanding receivables more quickly.

During this period, the receivables turnover ratio varied between 3.75 and 8.47. The company achieved its highest receivables turnover ratio on June 30, 2023, at 8.47, indicating a very efficient collection of accounts receivable. On the other hand, the lowest receivables turnover ratio of 3.75 was recorded on December 31, 2021.

Overall, there seems to be some volatility in the company's receivables turnover ratio, with fluctuations noted between periods. It would be essential to further investigate the reasons behind these fluctuations to understand the effectiveness of NetScout Systems Inc's accounts receivable management and its impact on the company's overall financial performance.