Hims & Hers Health (FRA:82W) Receivables Turnover : 46.01 (As of Mar. 2024)

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What is Hims & Hers Health 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. Hims & Hers Health's Revenue for the three months ended in Mar. 2024 was €255.9 Mil. Hims & Hers Health's average Accounts Receivable for the three months ended in Mar. 2024 was €5.6 Mil. Hence, Hims & Hers Health's Receivables Turnover for the three months ended in Mar. 2024 was 46.01.

Hims & Hers Health Receivables Turnover Historical Data

The historical data trend for Hims & Hers Health'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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Hims & Hers Health Receivables Turnover Chart

Hims & Hers Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

96.12

176.07

127.24

160.04

193.12

Hims & Hers Health Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial														49.29	49.32	56.16	49.20	46.01

Competitive Comparison of Hims & Hers Health's Receivables Turnover

For the Household & Personal Products subindustry, Hims & Hers Health'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.

Hims & Hers Health's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hims & Hers Health's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hims & Hers Health's Receivables Turnover falls into.

Hims & Hers Health Receivables Turnover Calculation

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

Hims & Hers Health'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 )
=	799.624	/ (	(3.05	+	5.231)	/	2 )
=	799.624	/	4.1405
=	193.12

Hims & Hers Health's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	255.917	/ (	(5.231	+	5.893)	/	2 )
=	255.917	/	5.562
=	46.01

Hims & Hers Health (FRA:82W) 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.

Hims & Hers Health Receivables Turnover Related Terms

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Hims & Hers Health (FRA:82W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hims & Hers Health Inc (FRA:82W) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HIMS:USA 82W:Germany

Address

2269 Chestnut Street, Suite 523, San Francisco, CA, USA, 94123

Website

https://www.forhims.com

Hims & Hers Health Inc is a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals, enabling them to access high-quality medical care for numerous conditions related to mental health, sexual health, dermatology, primary care, and more.

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