GURUFOCUS.COM » STOCK LIST » Technology » Software » Alight Inc (NYSE:ALIT.WS) » Definitions » Receivables Turnover

ALIT.WS (Alight) Receivables Turnover : 1.21 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Alight Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Alight's Revenue for the three months ended in Mar. 2025 was $548.00 Mil. Alight's average Accounts Receivable for the three months ended in Mar. 2025 was $454.50 Mil. Hence, Alight's Receivables Turnover for the three months ended in Mar. 2025 was 1.21.


Alight Receivables Turnover Historical Data

The historical data trend for Alight's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alight Receivables Turnover Chart

Alight Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 4.56 - 3.70 4.29 5.15

Alight Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 1.41 1.35 1.47 1.21

Competitive Comparison of Alight's Receivables Turnover

For the Software - Application subindustry, Alight's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alight's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Alight's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alight's Receivables Turnover falls into.


;
;

Alight Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Alight's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=2332 / ((435 + 471) / 2 )
=2332 / 453
=5.15

Alight's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=548 / ((471 + 438) / 2 )
=548 / 454.5
=1.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alight  (NYSE:ALIT.WS) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Alight Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Alight's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Alight Business Description

Traded in Other Exchanges
Address
320 South Canal Street, 50th Floor, Suite 5000, Chicago, IL, USA, 60606
Alight Inc is a technology-enabled services company delivering human capital management solutions to many of complex organizations. This includes the implementation and administration of employee benefits (e.g., health, wealth and leaves benefits) solutions, currently operates under one reportable segment, Employer Solutions. The Company completed the Divestiture of Alight's Professional Services segment and Alight's Payroll & HCM Outsourcing business within the Employer Solutions segment. The company operates in USA states and International market too.