IMD International Medical Devices SpA (MIL:IMD) Receivables Turnover : 2.32 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is IMD International Medical Devices SpA 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. IMD International Medical Devices SpA's Revenue for the six months ended in Jun. 2024 was €19.91 Mil. IMD International Medical Devices SpA's average Accounts Receivable for the six months ended in Jun. 2024 was €8.60 Mil. Hence, IMD International Medical Devices SpA's Receivables Turnover for the six months ended in Jun. 2024 was 2.32.

IMD International Medical Devices SpA Receivables Turnover Historical Data

The historical data trend for IMD International Medical Devices SpA'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.

IMD International Medical Devices SpA Receivables Turnover Chart

IMD International Medical Devices SpA Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

5.13

4.55

4.30

IMD International Medical Devices SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial			2.25	2.31	2.09	2.21	2.32

Competitive Comparison of IMD International Medical Devices SpA's Receivables Turnover

For the Medical Devices subindustry, IMD International Medical Devices SpA'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.

IMD International Medical Devices SpA's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where IMD International Medical Devices SpA's Receivables Turnover falls into.

IMD International Medical Devices SpA Receivables Turnover Calculation

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

IMD International Medical Devices SpA'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 )
=	38.27	/ (	(9.298	+	8.518)	/	2 )
=	38.27	/	8.908
=	4.30

IMD International Medical Devices SpA's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	19.913	/ (	(8.518	+	8.672)	/	2 )
=	19.913	/	8.595
=	2.32

IMD International Medical Devices SpA (MIL:IMD) 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.

IMD International Medical Devices SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of IMD International Medical Devices SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

IMD International Medical Devices SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » IMD International Medical Devices SpA (MIL:IMD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via E. Fermi 26, Grassobbio, ITA, 24050

Website

https://www.imdgroup.it

IMD International Medical Devices SpA is a company manufacturing X-ray medical equipment with a complete range of mobile imaging systems.

IMD International Medical Devices SpA Headlines

No Headlines