Flywire (FRA:9E2) Receivables Turnover : 4.60 (As of Mar. 2025)

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What is Flywire 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. Flywire's Revenue for the three months ended in Mar. 2025 was €123.4 Mil. Flywire's average Accounts Receivable for the three months ended in Mar. 2025 was €26.9 Mil. Hence, Flywire's Receivables Turnover for the three months ended in Mar. 2025 was 4.60.

Flywire Receivables Turnover Historical Data

The historical data trend for Flywire'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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Flywire Receivables Turnover Chart

Flywire Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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19.62

16.96

22.38

24.95

23.89

Flywire 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															6.03	5.21	6.48	4.73	4.60

Competitive Comparison of Flywire's Receivables Turnover

For the Software - Infrastructure subindustry, Flywire'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.

Flywire's Receivables Turnover Distribution in the Software Industry

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

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

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Flywire Receivables Turnover Calculation

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

Flywire'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 )
=	469.998	/ (	(16.703	+	22.636)	/	2 )
=	469.998	/	19.6695
=	23.89

Flywire'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 )
=	123.443	/ (	(22.636	+	31.066)	/	2 )
=	123.443	/	26.851
=	4.60

Flywire (FRA:9E2) 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.

Flywire Receivables Turnover Related Terms

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Flywire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flywire Corp (FRA:9E2) » Definitions » Receivables Turnover

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FLYW:USA

Address

141 Tremont Street, Suite 10, Boston, MA, USA, 02111

Website

https://www.flywire.com

Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

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