Gulf Pharmaceutical Industries PSC (ADX:JULPHAR) Receivables Turnover : 0.61 (As of Mar. 2025)

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What is Gulf Pharmaceutical Industries PSC 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. Gulf Pharmaceutical Industries PSC's Revenue for the three months ended in Mar. 2025 was د.إ359 Mil. Gulf Pharmaceutical Industries PSC's average Accounts Receivable for the three months ended in Mar. 2025 was د.إ591 Mil. Hence, Gulf Pharmaceutical Industries PSC's Receivables Turnover for the three months ended in Mar. 2025 was 0.61.

Gulf Pharmaceutical Industries PSC Receivables Turnover Historical Data

The historical data trend for Gulf Pharmaceutical Industries PSC'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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Gulf Pharmaceutical Industries PSC Receivables Turnover Chart

Gulf Pharmaceutical Industries PSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.41

2.51

3.14

2.36

2.39

Gulf Pharmaceutical Industries PSC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															0.61	0.73	0.65	0.02	0.61

Competitive Comparison of Gulf Pharmaceutical Industries PSC's Receivables Turnover

For the Medical Distribution subindustry, Gulf Pharmaceutical Industries PSC'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.

Gulf Pharmaceutical Industries PSC's Receivables Turnover Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Gulf Pharmaceutical Industries PSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gulf Pharmaceutical Industries PSC's Receivables Turnover falls into.

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Gulf Pharmaceutical Industries PSC Receivables Turnover Calculation

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

Gulf Pharmaceutical Industries PSC's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	1312.5	/ (	(530.5	+	565.7)	/	2 )
=	1312.5	/	548.1
=	2.39

Gulf Pharmaceutical Industries PSC's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	359.2	/ (	(565.7	+	615.8)	/	2 )
=	359.2	/	590.75
=	0.61

Gulf Pharmaceutical Industries PSC (ADX:JULPHAR) 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.

Gulf Pharmaceutical Industries PSC Receivables Turnover Related Terms

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Gulf Pharmaceutical Industries PSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Gulf Pharmaceutical Industries PSC (ADX:JULPHAR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road, P.O. Box 997, Digdaga, Ras Al Khaimah, ARE

Website

https://www.julphar.net

Gulf Pharmaceutical Industries PSC is in the business of manufacturing and selling medicines, drugs, and various other types of pharmaceutical and medical compounds in addition to cosmetic compounds. The company operates in four segments: Manufacturing, Planet, Investments, and others. The majority of its revenue is generated from the planet segment. The geographical segments are UAE, Other GCC countries, and Other countries.

Gulf Pharmaceutical Industries PSC Headlines

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