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Professional Medical Expertise Co (SAU:9574) Receivables Turnover : 0.00 (As of Dec. 2022)


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What is Professional Medical Expertise Co 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. Professional Medical Expertise Co's Revenue for the three months ended in Dec. 2022 was ﷼0.0 Mil. Professional Medical Expertise Co's average Accounts Receivable for the three months ended in Dec. 2022 was ﷼99.8 Mil.

Professional Medical Expertise Co Receivables Turnover Historical Data

The historical data trend for Professional Medical Expertise Co'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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Professional Medical Expertise Co Receivables Turnover Chart

Professional Medical Expertise Co Annual Data
Trend Dec22 Dec23
Receivables Turnover
1.76 2.13

Professional Medical Expertise Co Quarterly Data
Dec22 Dec23
Receivables Turnover - -

Competitive Comparison of Professional Medical Expertise Co's Receivables Turnover

For the Medical Devices subindustry, Professional Medical Expertise Co'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.

Professional Medical Expertise Co's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Professional Medical Expertise Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Professional Medical Expertise Co's Receivables Turnover falls into.


Professional Medical Expertise Co Receivables Turnover Calculation

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

Professional Medical Expertise Co'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 )
=250.116 / ((99.786 + 134.543) / 2 )
=250.116 / 117.1645
=2.13

Professional Medical Expertise Co's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: . 20 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=0 / (( + 99.786) / 1 )
=0 / 99.786
=N/A

* 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.

Professional Medical Expertise Co  (SAU:9574) 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.

Professional Medical Expertise Co Receivables Turnover Related Terms

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Professional Medical Expertise Co (SAU:9574) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Receivables Turnover
Comparable Companies
ISX:UNIQ ISX:COAL ISX:CNKO ISX:DWGL ISX:ARII ISX:GTBO ISX:IATA ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA XSWX:SOON ALGN SHSE:688271
Traded in Other Exchanges
N/A
Address
Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434
Website
https://www.promedex.com
Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

Professional Medical Expertise Co (SAU:9574) Headlines

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