CON (Concentra Group Holdings Parent) Receivables Turnover : 2.07 (As of Dec. 2024)

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What is Concentra Group Holdings Parent 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. Concentra Group Holdings Parent's Revenue for the three months ended in Dec. 2024 was $465 Mil. Concentra Group Holdings Parent's average Accounts Receivable for the three months ended in Dec. 2024 was $225 Mil. Hence, Concentra Group Holdings Parent's Receivables Turnover for the three months ended in Dec. 2024 was 2.07.

Concentra Group Holdings Parent Receivables Turnover Historical Data

The historical data trend for Concentra Group Holdings Parent'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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Concentra Group Holdings Parent Receivables Turnover Chart

Concentra Group Holdings Parent Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

8.36

8.70

8.76

Concentra Group Holdings Parent Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				2.04	2.10	2.08	2.12	2.07

Competitive Comparison of Concentra Group Holdings Parent's Receivables Turnover

For the Medical Care Facilities subindustry, Concentra Group Holdings Parent'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.

Concentra Group Holdings Parent's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Concentra Group Holdings Parent's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Concentra Group Holdings Parent's Receivables Turnover falls into.

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Concentra Group Holdings Parent Receivables Turnover Calculation

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

Concentra Group Holdings Parent'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 )
=	1900.192	/ (	(216.194	+	217.719)	/	2 )
=	1900.192	/	216.9565
=	8.76

Concentra Group Holdings Parent's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	465.041	/ (	(232.202	+	217.719)	/	2 )
=	465.041	/	224.9605
=	2.07

Concentra Group Holdings Parent (NYSE:CON) 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.

Concentra Group Holdings Parent Receivables Turnover Related Terms

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Concentra Group Holdings Parent Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Concentra Group Holdings Parent Inc (NYSE:CON) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5080 Spectrum Drive, Suite 1200W, Addison, TX, USA, 75001

Website

https://www.concentra.com

Concentra Group Holdings Parent Inc is a provider of occupational health services in the United States. The business is organized into three operating segments: occupational health centers, onsite health clinics, and other businesses.