GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Acadia Healthcare Co Inc (NAS:ACHC) » Definitions » Receivables Turnover

ACHC (Acadia Healthcare Co) Receivables Turnover : 2.11 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Acadia Healthcare 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. Acadia Healthcare Co's Revenue for the three months ended in Sep. 2024 was $816 Mil. Acadia Healthcare Co's average Accounts Receivable for the three months ended in Sep. 2024 was $387 Mil. Hence, Acadia Healthcare Co's Receivables Turnover for the three months ended in Sep. 2024 was 2.11.


Acadia Healthcare Co Receivables Turnover Historical Data

The historical data trend for Acadia Healthcare 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.

* Premium members only.

Acadia Healthcare Co Receivables Turnover Chart

Acadia Healthcare Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 7.43 8.34 8.65 8.56

Acadia Healthcare Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.12 2.05 2.05 2.05 2.11

Competitive Comparison of Acadia Healthcare Co's Receivables Turnover

For the Medical Care Facilities subindustry, Acadia Healthcare 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.


Acadia Healthcare Co's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acadia Healthcare Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Acadia Healthcare Co's Receivables Turnover falls into.



Acadia Healthcare Co Receivables Turnover Calculation

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

Acadia Healthcare 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 )
=2928.738 / ((322.439 + 361.451) / 2 )
=2928.738 / 341.945
=8.56

Acadia Healthcare Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=815.634 / ((389.374 + 383.945) / 2 )
=815.634 / 386.6595
=2.11

* 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.


Acadia Healthcare Co  (NAS:ACHC) 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.


Acadia Healthcare Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Acadia Healthcare Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Acadia Healthcare Co Business Description

Traded in Other Exchanges
Address
6100 Tower Circle, Suite 1000, Franklin, TN, USA, 37067
Acadia Healthcare Co Inc acquires and develops behavioral healthcare facilities in the United States, United Kingdom, and Puerto Rico. Acute inpatient psychiatric facilities and specialty treatment facilities contribute the vast majority of Acadia's revenue in the United States. The U.S. facilities receive the major proportion of payments from Medicaid, with the second-largest proportion from commercial payors. In the United Kingdom, the majority of Acadia's revenue comes from its healthcare facilities, and virtually all of the payment received is from the National Health Service.
Executives
Wade D Miquelon director 108 WILMOT ROAD, DEERFIELD IL 60015
Vicky B Gregg director 1 CAMERON HILL CIRCLE, CHATTANOOGA TN 37402
Debra K Osteen director, officer: Chief Executive Officer 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
John S. Hollinsworth officer: EVP of Operations 6100 TOWER CIRCLE, SUITE 1000, FRANKLIN TN 37067
Patrice A Harris director 514 MARKET ST., PARKERSBURG WV 26101
Brian Farley officer: EVP , GC and Secretary 222 MERCHANDISE MART PLAZA, SUITE 2024, CHICAGO IL 60654
Heather Brianne Dixon officer: Chief Financial Officer AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
William Grieco director 830 CRESCENT CENTRE DRIVE, SUITE 610, FRANKLIN TN 37067
William M Petrie director 310 25TH AVENUE NORTH, SUITE 309, NASHVILLE TN 37203
Ralph David Kelly director 4005 WOOD LAKE DRIVE, PLANO TX 75093
Christopher H. Hunter director, officer: Chief Executive Officer 500 W MAIN STREET, LOUISVILLE KY 40202
Reeve B Waud director, 10 percent owner 300 N LASALLE ST, SUITE 4900, CHICAGO IL 60654
Christopher L Howard 10 percent owner, officer: EVP, GC and Secretary 830 CRESCENT CENTRE DRIVE, SUITE 610, FRANKLIN TN 37067
David M. Duckworth officer: Chief Financial Officer 830 CRESCENT CENTRE DRIVE, SUITE 610, FRANKLIN TN 37067
Michael Fucci director 6100 TOWER CIR #1000, FRANKLIN TN 37067

Acadia Healthcare Co Headlines

From GuruFocus