Shopify Inc. Receiveable Turnover 2013-2024 | SHOP
Current and historical receiveable turnover for Shopify Inc. (SHOP) from 2013 to 2024. Receiveable turnover can be defined as an accounting measure used to quantify a firm's effectiveness in extending credit as well as collecting debts. Shopify Inc. receiveable turnover for the three months ending December 31, 2024 was 1.80.
| Shopify Inc. Receiveable Turnover Historical Data | |||
|---|---|---|---|
| Date | |||
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | INTERNET SERVICES | $149.629B | $8.880B |
| Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth. | |||