DELX (Delex Healthcare Group) Receivables Turnover: 0.00 (As of Sep. 2023)

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What is Delex Healthcare Group Receivables Turnover?

Delex Healthcare Group DELX Receivables Turnover is 0.00 as of Sep. 2023.

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. Delex Healthcare Group's Revenue for the six months ended in Sep. 2023 was $0.00 Mil. Delex Healthcare Group's average Accounts Receivable for the six months ended in Sep. 2023 was $0.08 Mil.

Delex Healthcare Group  (OTCPK:DELX) 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.

Delex Healthcare Group Receivables Turnover Related Terms

Delex Healthcare Group Receivables Turnover Historical Data

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The historical data trend for Delex Healthcare Group'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.

Delex Healthcare Group Receivables Turnover Chart

Delex Healthcare Group Annual Data
Trend
Receivables Turnover

Delex Healthcare Group Semi-Annual Data
Sep22 Sep23
Receivables Turnover 0.00 0.00

DELX vs PIAC, PWM, BHV: Receivables Turnover Comparison

For the Drug Manufacturers - General subindustry, Delex Healthcare Group'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.

Delex Healthcare Group Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Delex Healthcare Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Delex Healthcare Group's Receivables Turnover falls into.


Delex Healthcare Group Receivables Turnover Calculation

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

Delex Healthcare Group's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

Receivables Turnover (A: . 20 )
=Revenue / Average Accounts Receivable
=Revenue (A: . 20 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Delex Healthcare Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0 / ((0 + 0.078) / 1 )
=0 / 0.078
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Delex Healthcare Group (DELX) has a Receivables Turnover of 0.00 as of Sep. 2023. The accounts 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. View historical data on Delex Healthcare Group and its competitors.
Is Delex Healthcare Group's Receivables Turnover too high?
Delex Healthcare Group's current Receivables Turnover is 0.00.
How does Delex Healthcare Group's Receivables Turnover compare to PIAC and PWM?
Delex Healthcare Group's Receivables Turnover of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.10, based on 946 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Delex Healthcare Group and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delex Healthcare Group's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delex Healthcare Group stock overvalued right now?
Delex Healthcare Group (DELX) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Delex Healthcare Group (DELX), the current Receivables Turnover is 0.00 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Delex Healthcare Group Business Description

Address Carnation Street, Blk 4, Lot 4, Cor., Magnolia, Novaliches, Quezon City, PHL, 1109
Delex Healthcare Group Inc is a healthcare-focused organization engaged in pharmaceutical and healthcare-related businesses.