CYXTW (Cyxtera Technologies) Receivables Turnover: 5.05 (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CYXTW Cyxtera Technologies Inc CYXTW
16 GF Score
Price $2.92
! 2 Warning Signs
View Full Analysis

What is Cyxtera Technologies Receivables Turnover?

Cyxtera Technologies CYXTW 16 Receivables Turnover is 5.05 as of Mar. 2023. GuruFocus rates CYXTW with a GF Score™ of 16/100. The stock has 2 warning signs investors should review.

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. Cyxtera Technologies's Revenue for the three months ended in Mar. 2023 was $196.70 Mil. Cyxtera Technologies's average Accounts Receivable for the three months ended in Mar. 2023 was $38.95 Mil. Hence, Cyxtera Technologies's Receivables Turnover for the three months ended in Mar. 2023 was 5.05.


Cyxtera Technologies  (NAS:CYXTW) 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.


Cyxtera Technologies Receivables Turnover Related Terms


Cyxtera Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Cyxtera Technologies'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.

Cyxtera Technologies Receivables Turnover Chart

Cyxtera Technologies Annual Data
Trend Dec20 Dec21 Dec22
Receivables Turnover
20.61 27.17 32.02

Cyxtera Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.93 5.56 6.36 7.96 5.05

CYXTW vs FCCN, GTCH, SASI: Receivables Turnover Comparison

For the Information Technology Services subindustry, Cyxtera Technologies'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.


Cyxtera Technologies Receivables Turnover vs Software Industry

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

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


CYXTW
16GF Score
Cyxtera Technologies Inc CYXTW
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cyxtera Technologies Receivables Turnover Calculation

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

Cyxtera Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=746 / ((18.3 + 28.3) / 2 )
=746 / 23.3
=32.02

Cyxtera Technologies's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=196.7 / ((28.3 + 49.6) / 2 )
=196.7 / 38.95
=5.05

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 5.05 mean?
Cyxtera Technologies (CYXTW) has a Receivables Turnover of 5.05 as of Mar. 2023. The accounts 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. View historical data on Cyxtera Technologies and its competitors.
Is Cyxtera Technologies' Receivables Turnover too high?
Cyxtera Technologies' current Receivables Turnover is 5.05. The Software industry median Receivables Turnover is 5.73. Cyxtera Technologies' value of 5.05 is 11.8% below this industry median. Overall, Cyxtera Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cyxtera Technologies' Receivables Turnover compare to FCCN and GTCH?
Cyxtera Technologies' Receivables Turnover of 5.05 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.73. Cyxtera Technologies' value of 5.05 is 11.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.73, based on 2,782 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cyxtera Technologies's current Receivables Turnover of 5.05 is 11.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Cyxtera Technologies and its competitors. For the Software industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyxtera Technologies's current Receivables Turnover is 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyxtera Technologies stock overvalued right now?
Cyxtera Technologies (CYXTW) has a current Receivables Turnover of 5.05. The current Receivables Turnover is 5.05 and 11.8% below the Software industry median of 5.73. Cyxtera Technologies' overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Cyxtera Technologies (CYXTW), the current Receivables Turnover is 5.05 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cyxtera Technologies Business Description

Address 2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL, USA, 33134
Cyxtera Technologies Inc is engaged in data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. Cyxtera brings proven operational excellence, global scale, flexibility and customer-focused innovation together to provide a comprehensive portfolio of data center and interconnection services.
16GF Score

Get the complete analysis for CYXTW

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.92
Price