Candela Invest (XBRU:CAND) Receivables Turnover : 1.56 (As of Jun. 2023)

Candela Invest Receivables Turnover Chart

Candela Invest Annual Data
	Trend	Jul10	Jul11	Jul12	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Receivables Turnover		Get a 7-Day Free Trial				1.98	1.59	1.91	2.44	4.47

Candela Invest Semi-Annual Data
	Jan10	Jul10	Jan11	Jul11	Jan12	Jul12	Jan13	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial															1.25	1.88	1.83	1.37	1.56

Competitive Comparison of Candela Invest's Receivables Turnover

For the Asset Management subindustry, Candela Invest'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.

Candela Invest's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Candela Invest's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Candela Invest's Receivables Turnover falls into.

Candela Invest Receivables Turnover Calculation

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

Candela Invest's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Candela Invest's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

* 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.

Candela Invest  (XBRU:CAND) 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.

Candela Invest Receivables Turnover Related Terms

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Candela Invest (XBRU:CAND) Business Description