FSPKF (Fisher & Paykel Healthcare) Receivables Turnover : 4.00 (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Fisher & Paykel Healthcare 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. Fisher & Paykel Healthcare's Revenue for the six months ended in Sep. 2024 was $588 Mil. Fisher & Paykel Healthcare's average Accounts Receivable for the six months ended in Sep. 2024 was $147 Mil. Hence, Fisher & Paykel Healthcare's Receivables Turnover for the six months ended in Sep. 2024 was 4.00.

Fisher & Paykel Healthcare Receivables Turnover Historical Data

The historical data trend for Fisher & Paykel Healthcare'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.

Fisher & Paykel Healthcare Receivables Turnover Chart

Fisher & Paykel Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

7.28

10.73

9.32

9.13

8.55

Fisher & Paykel Healthcare Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															3.76	4.79	3.83	4.18	4.00

Competitive Comparison of Fisher & Paykel Healthcare's Receivables Turnover

For the Medical Instruments & Supplies subindustry, Fisher & Paykel Healthcare'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.

Fisher & Paykel Healthcare's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fisher & Paykel Healthcare's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fisher & Paykel Healthcare's Receivables Turnover falls into.

Fisher & Paykel Healthcare Receivables Turnover Calculation

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

Fisher & Paykel Healthcare's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	1069.404	/ (	(114.525	+	135.645)	/	2 )
=	1069.404	/	125.085
=	8.55

Fisher & Paykel Healthcare'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: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	587.554	/ (	(135.645	+	157.81)	/	2 )
=	587.554	/	146.7275
=	4.00

Fisher & Paykel Healthcare (OTCPK:FSPKF) 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.

Fisher & Paykel Healthcare Receivables Turnover Related Terms

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

Fisher & Paykel Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Fisher & Paykel Healthcare Corp Ltd (OTCPK:FSPKF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FPH:New Zealand FPLB:Germany FPLB:Germany FPH:Australia

Address

15 Maurice Paykel Place, East Tamaki, Auckland, NTL, NZL, 2013

Website

https://www.fphcare.com

Fisher & Paykel Healthcare is one of the three largest respiratory care device companies globally. It is the market leader in hospital use humidifiers, masks and related consumables and the number three player in the at-home treatment of sleep apnea using respiratory devices. Both the hospital and homecare markets for respiratory devices are growing strongly in the developed markets in which Fisher & Paykel has a presence. The company earns 42% of its revenue in the US, 32% in Europe, 18% in Asia-Pacific and the remaining 8% in emerging markets. Fisher conducts its own R&D and has thousands of patents and pending applications. It manufactures in New Zealand and Mexico and has a multichannel distribution model.