ZoomInfo Technologies Inc (ZI)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	1,203,500	1,197,300	1,195,600	1,201,400	1,190,000	1,176,200	1,150,300	1,109,100	1,050,400	970,200	876,100	784,600	695,600	616,400	548,200	457,400
Receivables	US$ in thousands	252,500	169,100	195,400	227,900	275,200	226,600	215,600	223,400	228,500	171,000	167,900	172,300	191,900	119,200	112,100	116,200
Receivables turnover		4.77	7.08	6.12	5.27	4.32	5.19	5.34	4.96	4.60	5.67	5.22	4.55	3.62	5.17	4.89	3.94

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,203,500K ÷ $252,500K
= 4.77

The receivables turnover ratio for ZoomInfo Technologies Inc shows an increasing trend from March 2021 to September 2022, which indicates the company's efficiency in collecting receivables improved during this period. From a value of 3.94 in March 2021, the ratio increased to 5.67 by September 2022. This suggests that the company was able to collect its accounts receivable more frequently in a shorter period.

However, there was a slight dip in the ratio by December 2022, but it picked up again in March 2023. Over the next few quarters, the ratio remained relatively stable, ranging between 4.32 and 5.34, indicating that ZoomInfo continued to efficiently collect its receivables during this period.

In the last quarter of the data provided (December 2024), the receivables turnover ratio was 4.77. Although lower compared to the peak in September 2024, it is still higher than the initial values in 2021, showing that ZoomInfo maintained a good level of efficiency in collecting its accounts receivable overall.