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. Optimus Healthcare Svcs's Revenue for the
three
months ended in Sep. 2024 was $0.39 Mil. Optimus Healthcare Svcs's average Accounts Receivable for the
three
months ended in Sep. 2024 was $0.43 Mil.
Hence, Optimus Healthcare Svcs's Receivables Turnover for the
three
months ended in Sep. 2024 was 0.91.
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.
Optimus Healthcare Svcs Receivables Turnover Related Terms
Optimus Healthcare Svcs Receivables Turnover Historical Data
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The historical data trend for Optimus Healthcare Svcs'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.
OHCS vs FOXO, OTRKQ, ICCT: Receivables Turnover Comparison
For the Health Information Services subindustry, Optimus Healthcare Svcs'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.
Optimus Healthcare Svcs Receivables Turnover vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Optimus Healthcare Svcs's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Optimus Healthcare Svcs's Receivables Turnover falls into.
* 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.
Optimus Healthcare Svcs (OHCS) has a Receivables Turnover of 0.91 as of Sep. 2024. 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 Optimus Healthcare Svcs and its competitors.
Is Optimus Healthcare Svcs' Receivables Turnover too high?
Optimus Healthcare Svcs' current Receivables Turnover is 0.91. The Healthcare Providers & Services industry median Receivables Turnover is 7.74. Optimus Healthcare Svcs' value of 0.91 is 88.2% below this industry median.
How does Optimus Healthcare Svcs' Receivables Turnover compare to FOXO and OTRKQ?
Optimus Healthcare Svcs' Receivables Turnover of 0.91 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.74. Optimus Healthcare Svcs' value of 0.91 is 88.2% below this benchmark. 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.74, based on 657 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. Optimus Healthcare Svcs's current Receivables Turnover of 0.91 is 88.2% below the industry median. 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 Optimus Healthcare Svcs and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optimus Healthcare Svcs's current Receivables Turnover is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimus Healthcare Svcs stock overvalued right now?
Optimus Healthcare Svcs (OHCS) has a current Receivables Turnover of 0.91. The current Receivables Turnover is 0.91 and 88.2% below the Healthcare Providers & Services industry median of 7.74. 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 Optimus Healthcare Svcs (OHCS), the current Receivables Turnover is 0.91 as of Sep. 2024. 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.
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.
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