TechTarget, Inc. Common Stock (TTGT)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 229,963 297,488 263,427 148,376
Receivables US$ in thousands 39,239 60,359 51,095 40,183
Receivables turnover 5.86 4.93 5.16 3.69

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $—K ÷ $—K
= —

TechTarget, Inc. Common Stock's receivables turnover ratio has shown an upward trend over the years, increasing from 3.69 in 2020 to 5.16 in 2021, and further to 4.93 in 2022, before peaking at 5.86 in 2023. The ratio provides insight into how efficiently the company is collecting payments from its customers. An increasing receivables turnover suggests that the company is able to collect outstanding receivables more quickly, indicating effective credit management practices or a strong customer base. However, it is noted that there is missing data for the receivables turnover ratio in 2024, which may limit the complete assessment of the trend.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
TechTarget, Inc. Common Stock
TTGT
Ziff Davis Inc
ZD
2.13