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SPS Commerce SPSC
$ 54.49 -1.11%

Annual report 2025
added 02-19-2026

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SPS Commerce Accounts Receivables 2011-2026 | SPSC

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.
Examples of accounts receivable
  • Customers have not paid invoices for delivered products
  • An advance has been paid to a supplier, but goods have not yet been received
  • Employees have not reported on accountable amounts
  • The government must refund tax overpayments
  • Outstanding loans issued
Importance of accounts receivable in company analysis
  1. Asset quality
    Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
  2. Impact on cash flow
    Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
  3. Assessment of management efficiency
    The following accounts receivable turnover ratios are commonly used:
    Receivables turnover = Revenue / Average accounts receivable
    (the higher — the better)

    Days Sales Outstanding (DSO) = 365 / Turnover
    (the fewer days — the faster customers pay)

    If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables SPS Commerce

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
68.2 M 52 M - 39.4 M 34.6 M 33.6 M 31.5 M 27.5 M 24.9 M 20.7 M 17.6 M 15.4 M 11.6 M 10.9 M 7.96 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
68.2 M 7.96 M 28.3 M

Quarterly Accounts Receivables SPS Commerce

2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
67.5 M 63.4 M 52 M 55.6 M 55.4 M 52.1 M 46.8 M 45.1 M 45 M 43.4 M 39.4 M 36.8 M - 38.8 M 34.6 M 35.3 M 37.9 M 35.3 M 33.6 M 33.6 M 33.6 M 33.6 M 31.5 M 31.5 M 31.5 M 31.5 M 27.5 M 27.5 M 27.5 M 27.5 M 24.9 M 24.9 M 24.9 M 24.9 M 20.7 M 20.7 M 20.7 M 20.7 M 17.6 M 17.6 M 17.6 M 17.6 M 15.4 M 15.4 M 15.4 M 15.4 M 11.6 M 11.6 M 11.6 M 11.6 M 10.9 M 10.9 M 10.9 M 10.9 M 7.96 M 7.96 M 7.96 M 7.96 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
67.5 M 7.96 M 27.9 M

Accounts Receivables of other stocks in the Software industry

Issuer Accounts Receivables Price % 24h Market Cap Country
Powerbridge Technologies Co., Ltd. Powerbridge Technologies Co., Ltd.
PBTS
14.3 M - 2.4 % $ 115 M chinaChina
Adobe Adobe
ADBE
2.34 B $ 234.84 -2.51 % $ 100 B usaUSA
Sapiens International Corporation N.V. Sapiens International Corporation N.V.
SPNS
48.6 M - - $ 2.43 B curacaoCuracao
Akamai Technologies Akamai Technologies
AKAM
794 M $ 114.5 -2.35 % $ 16.6 B usaUSA
Zedge Zedge
ZDGE
3.16 M $ 2.84 -3.4 % $ 39 M usaUSA
Black Knight Black Knight
BKI
194 M - -0.02 % $ 11.7 B usaUSA
Guidewire Software Guidewire Software
GWRE
141 M $ 144.68 -4.4 % $ 12.1 B usaUSA
ServiceNow ServiceNow
NOW
2.04 B $ 99.41 -4.08 % $ 103 B usaUSA
Agora Agora
API
27.8 M $ 3.41 -1.16 % $ 1.27 B chinaChina
Altair Engineering Altair Engineering
ALTR
174 M - - $ 9.4 B usaUSA
Wipro Limited Wipro Limited
WIT
1.63 B $ 2.08 -0.48 % $ 27.9 B indiaIndia
American Software American Software
AMSWA
28 M - -2.14 % $ 369 M usaUSA
Wix.com Ltd. Wix.com Ltd.
WIX
23.7 M $ 87.14 -2.65 % $ 4.84 B israelIsrael
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
93.1 M - - $ 18.1 B israelIsrael
Auddia Auddia
AUUD
321 $ 0.77 -5.83 % $ 1.06 M usaUSA
GreenBox POS GreenBox POS
GBOX
1.08 M - 5.45 % $ 43.6 M usaUSA
Cadence Design Systems Cadence Design Systems
CDNS
487 M $ 271.77 -3.15 % $ 73.7 B usaUSA
ANSYS ANSYS
ANSS
1.02 B - - $ 32.7 B usaUSA
Avalara Avalara
AVLR
114 M - - $ 8.28 B usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
322 M - - $ 3.47 M usaUSA
Aware Aware
AWRE
3.01 M $ 1.25 -8.09 % $ 26.5 M usaUSA
Aspen Technology Aspen Technology
AZPN
116 M - - $ 16.8 B usaUSA
Cheetah Mobile Cheetah Mobile
CMCM
170 M $ 5.9 -3.12 % $ 8.44 B -
BigCommerce Holdings BigCommerce Holdings
BIGC
50 M - - $ 371 M usaUSA
Everbridge Everbridge
EVBG
119 M - - $ 1.42 B usaUSA
Cogent Biosciences Cogent Biosciences
COGT
2 M $ 36.1 -2.09 % $ 4.65 B usaUSA
China Index Holdings Limited China Index Holdings Limited
CIH
29.7 M - - $ 85.7 M chinaChina
CDK Global CDK Global
CDK
236 M - 0.06 % $ 6.34 B usaUSA
CrowdStrike Holdings CrowdStrike Holdings
CRWD
239 M $ 369.58 -5.87 % $ 92.6 B usaUSA