Constellation Software (TSX:CSU) Receivables Turnover : 2.23 (As of Sep. 2024)

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What is Constellation Software 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. Constellation Software's Revenue for the three months ended in Sep. 2024 was C$3,443 Mil. Constellation Software's average Accounts Receivable for the three months ended in Sep. 2024 was C$1,546 Mil. Hence, Constellation Software's Receivables Turnover for the three months ended in Sep. 2024 was 2.23.

Constellation Software Receivables Turnover Historical Data

The historical data trend for Constellation Software'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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Constellation Software Receivables Turnover Chart

Constellation Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.82

8.66

9.43

9.09

8.20

Constellation Software 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															2.18	2.16	2.01	2.14	2.23

Competitive Comparison of Constellation Software's Receivables Turnover

For the Software - Application subindustry, Constellation Software'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.

Constellation Software's Receivables Turnover Distribution in the Software Industry

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

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

Constellation Software Receivables Turnover Calculation

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

Constellation Software's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	11276.148	/ (	(1211.782	+	1537.474)	/	2 )
=	11276.148	/	1374.628
=	8.20

Constellation Software'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 )
=	3443.393	/ (	(1530.848	+	1560.499)	/	2 )
=	3443.393	/	1545.6735
=	2.23

Constellation Software (TSX:CSU) 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.

Constellation Software Receivables Turnover Related Terms

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Constellation Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Constellation Software Inc (TSX:CSU) » Definitions » Receivables Turnover

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Traded in Other Exchanges

CNSWF:USA W9C:Germany

Address

20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6

Website

https://www.csisoftware.com

Constellation Software is a conglomerate that acquires, manages, and grows mission-critical vertical market software businesses. As of 2023, we estimate Constellation operates over 1,000 distinct software businesses in over 150 vertical markets globally, with no one business contributing materially to group earnings. The firm operates a highly decentralized model, where portfolio company management holds autonomy and accountability over operating decisions, and where small centralized teams provide financial and strategic guidance.

Executives

Jamal Nizam Baksh	Senior Officer
Stephen Scotchmer	Director
Mark Dennison	Senior Officer
Bernard Anzarouth	Senior Officer
Mark Robert Miller	Director, Senior Officer
Mark Henri Leonard	Director, Senior Officer
Robin Van Poelje	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
John Edward Billowits	Senior Officer
Claire Marie Catherine Kennedy	Director
Lawrence Cunningham	Director
Barry Alan Symons	Senior Officer
Laurie Mae Schultz	Director
Steven Scotchmer	Director
Brian Robert Beattie	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Constellation Software Headlines

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