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. National Research's Revenue for the
three
months ended in Dec. 2023 was $38.0 Mil. National Research's average Accounts Receivable for the
three
months ended in Dec. 2023 was $13.4 Mil.
Hence, National Research's Receivables Turnover for the
three
months ended in Dec. 2023 was 2.83.
National Research Receivables Turnover Historical Data
The historical data trend for National Research'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.
Competitive Comparison of National Research's Receivables Turnover
For the Health Information Services subindustry, National Research'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.
National Research's Receivables Turnover Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, National Research's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where National Research's Receivables Turnover falls into.
National Research Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
National Research's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
National Research (NAS:NRC) 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.
National Research Receivables Turnover Related Terms
Thank you for viewing the detailed overview of National Research's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
National Research (National Research) Business Description
National Research Corp is a provider of analytics and insights that facilitate measurement and improvement of the patient and employee experience while also increasing patient engagement and customer loyalty for healthcare providers, payers, and other healthcare organizations. Its portfolio of solutions represents a set of capabilities that individually and collectively provide value to clients. The solutions are offered at an enterprise level through the Voice of the Customer platform, The Governance Institute, and legacy Experience solutions. It operates in the United States and Canada, of which key revenue is derived from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NRC has been successfully added to your 