F5 (FFIV) Receivables Turnover : 1.85 (As of Sep. 2024)

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What is F5 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. F5's Revenue for the three months ended in Sep. 2024 was $747 Mil. F5's average Accounts Receivable for the three months ended in Sep. 2024 was $405 Mil. Hence, F5's Receivables Turnover for the three months ended in Sep. 2024 was 1.85.

F5 Receivables Turnover Historical Data

The historical data trend for F5'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.

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F5 Receivables Turnover Chart

F5 Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Receivables Turnover

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7.61

8.18

6.65

6.08

6.67

F5 Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.58	1.43	1.51	1.72	1.85

Competitive Comparison of F5's Receivables Turnover

For the Software - Infrastructure subindustry, F5'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.

F5's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, F5's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where F5's Receivables Turnover falls into.

F5 Receivables Turnover Calculation

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

F5's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	2816.12	/ (	(454.832	+	389.024)	/	2 )
=	2816.12	/	421.928
=	6.67

F5's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	746.674	/ (	(419.986	+	389.024)	/	2 )
=	746.674	/	404.505
=	1.85

F5 (NAS:FFIV) 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.

F5 Receivables Turnover Related Terms

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F5 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (NAS:FFIV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FFIV:Mexico 0IL6:UK FFV:Germany FFV:Germany

Address

801 5th Avenue, Seattle, WA, USA, 98104

Website

https://www.f5.com

F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, and went public in 1999.

Executives

Francois Locoh-donou	director, officer: President, CEO & Director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. W., SEATTLE WA 98119
Alan Higginson	director
Chad Michael Whalen	officer: EVP, Worldwide Sales	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Thomas Dean Fountain	officer: EVP and Chief Strategy Officer	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Scot Frazier Rogers	officer: Interim General Counsel	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Francis J. Pelzer	officer: EVP, Chief Financial Officer	CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052
Michael L Dreyer	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Tami A. Erwin	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Ana Maria White	officer: EVP and Chief HR Officer	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Mika Yamamoto	officer: EVP, Chief Marketing Officer	21300 VICTORY BLVD.,, 12TH FLOOR, WOODLAND HILLS CA 91367
Geng Lin	officer: EVP, Chief Technology Officer	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Marianne Budnik	director	C/O ACME PACKET, INC., 100 CROSBY DRIVE, BEDFORD MA 01730
Phillips James Malcolm Jr	director	C/O F5, INC., 801 FIFTH AVE., SEATTLE WA 98104
Michael F Montoya	director	C/O F5 NETWORKS, INC., 801 FIFTH AVE., SEATTLE WA 98104
Deborah L Bevier	director	PO BOX 91258, BELLEVUE WA 98009