Sentinelone(S) Financials: Receivables Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - receivables turnover
This chart shows the historical trend of receivables turnover for S compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Receivables Turnover
Definition: Receivables turnover tells you how quickly the company collects payments from customers after making sales on credit. A high turnover means customers pay on time and cash flows smoothly. Slow turnover suggests delayed collections, which can create cash shortages and financing stress.
Interpretation:
• In '2022', S's receivables turnover was 2.02, showing efficiency in collecting outstanding receivables. Industry average for Computer Software: Prepackaged Software in '2022' stood at 4.60.
• In '2023', S's receivables turnover was 3.34, showing efficiency in collecting outstanding receivables. The increase since '2022' reflects strengthening financial performance. Industry average for Computer Software: Prepackaged Software in '2023' stood at 4.63. Industry average increased by 0.03 compared to previous year.
• In '2024', S's receivables turnover was 3.40, showing efficiency in collecting outstanding receivables. The increase since '2023' reflects strengthening financial performance. Industry average for Computer Software: Prepackaged Software in '2024' stood at 4.59. Industry average declined by 0.04 from previous year.
• In '2025', S's receivables turnover was 3.65, showing efficiency in collecting outstanding receivables. The increase since '2024' reflects strengthening financial performance. Industry average for Computer Software: Prepackaged Software in '2025' stood at 4.56. Industry average declined by 0.03 from previous year.
Overall, S's receivables turnover has been volatile but showed an upward trend over the past 4 years.
Formula: Receivables Turnover = Net Credit Sales / Average Accounts Receivable
Good Range: Ranges 5 to 15 depending on credit terms.