ePlus inc (PLUS)
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 | 1,700,308 | 1,753,955 | 1,752,045 | 2,191,665 | 2,222,602 | 2,163,018 | 2,277,439 | 2,183,534 | 2,067,718 | 2,027,060 | 1,898,418 | 1,862,729 | 1,821,019 | 1,722,107 | 1,654,877 | 1,629,941 | 1,568,323 | 1,582,192 | 1,583,579 | 1,562,063 |
| Receivables | US$ in thousands | 507,241 | 805,213 | 800,457 | 741,125 | 794,100 | 757,762 | 859,575 | 837,736 | 649,459 | 851,347 | 634,464 | 604,917 | 540,545 | 659,630 | 594,736 | 562,485 | 538,892 | 621,432 | 502,635 | 542,240 |
| Receivables turnover | 3.35 | 2.18 | 2.19 | 2.96 | 2.80 | 2.85 | 2.65 | 2.61 | 3.18 | 2.38 | 2.99 | 3.08 | 3.37 | 2.61 | 2.78 | 2.90 | 2.91 | 2.55 | 3.15 | 2.88 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,700,308K ÷ $507,241K
= 3.35
The receivables turnover ratio for ePlus inc has fluctuated over the past few years, ranging from a low of 2.18 to a high of 3.37. This ratio measures how efficiently the company is collecting on its accounts receivable. A higher turnover ratio generally indicates that the company is effectively collecting payments from its customers, whereas a lower ratio may suggest that there are issues with collections or credit policies.
Looking at the trend, we see some variability in the receivables turnover ratio, with occasional peaks and troughs. It is important to note that a consistent trend in either direction can provide insights into the company's credit management practices, customer payment habits, or overall business performance.
Overall, while the receivables turnover ratio for ePlus inc has shown some fluctuations, further analysis and comparison with industry benchmarks or historical data would be necessary to fully assess the effectiveness of the company's accounts receivable management.
Peer comparison
Mar 31, 2025