Altisource Portfolio Solutions SA

NASDAQ ASPS

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Altisource Portfolio Solutions SA Average Collection Period 5 year CAGR for the quarter ending March 31, 2024

Altisource Portfolio Solutions SA Average Collection Period 5 year CAGR is NA for the quarter ending March 31, 2024. The average collection period measures the average number of days it takes for a company to collect payments from its customers. It is calculated by dividing 365 by the ratio of revenue to the average of receivables and other current assets. A lower average collection period indicates a more efficient collection process and better cash flow management, while a higher period may suggest delayed payments and potential liquidity challenges. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Altisource Portfolio Solutions SA Average Collection Period for the quarter ending March 31, 2023 was 126.34, a -27.93% change year over year.
  • Altisource Portfolio Solutions SA Average Collection Period for the quarter ending March 31, 2022 was 175.30, a 35.51% change year over year.
  • Altisource Portfolio Solutions SA Average Collection Period for the quarter ending March 31, 2021 was 129.36, a 58.64% change year over year.
  • Altisource Portfolio Solutions SA Average Collection Period for the quarter ending March 31, 2020 was 81.55, a 48.82% change year over year.
NASDAQ: ASPS

Altisource Portfolio Solutions SA

CEO Mr. William B. Shepro
IPO Date Aug. 6, 2009
Location Luxembourg
Headquarters 33, Boulevard Prince Henri, Luxembourg City, Luxembourg, 1724
Employees 1,071
Sector Real Estate
Industry Real estate services
Description

Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services. This segment provides Hubzu, an online real estate auction platform, as well as real estate auction, real estate brokerage, and asset management services; Equator, a software-as-a-service technology to manage real estate owned, short sales, foreclosure, bankruptcy, and eviction processes; a vendor invoicing and payment system; RentRange, a single and multi-family rental data, analytics, and rent-based valuation solution; REALSynergy, a commercial loan servicing platform; and NestRange, an automated residential valuation model and analytics solution. The Origination segment offers loan fulfillment, certification and certification insurance services, management services. In addition, it provides Lendors One Loan Automation, a marketplace to order services and a tool to automate components of the loan manufacturing process; TrelixAI, a technology to manage the workflow and automate components of the loan fulfillment, pre and post close quality, and service transfer processes; and ADMS, a document management and data analytics delivery platform. The company serves financial institutions, government-sponsored enterprises, banks, asset managers, servicers, investors, property management firms, real estate brokerages, insurance companies, mortgage bankers, originators, and correspondent and private money lenders. Altisource Portfolio Solutions S.A. was incorporated in 1999 and is headquartered in Luxembourg City, Luxembourg.

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