Quantum Healthcare (Quantum Healthcare) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Quantum 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. Quantum Healthcare's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Quantum Healthcare's average Accounts Receivable for the three months ended in Dec. 2023 was $1.55 Mil.

Quantum Healthcare Receivables Turnover Historical Data

The historical data trend for Quantum 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.

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Quantum Healthcare Receivables Turnover Chart

Quantum Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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12.64

3.79

14.79

8.54

Quantum Healthcare Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Quantum Healthcare's Receivables Turnover

For the Medical Devices subindustry, Quantum 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.

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

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

* The bar in red indicates where Quantum Healthcare's Receivables Turnover falls into.

Quantum Healthcare Receivables Turnover Calculation

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

Quantum Healthcare'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 )
=	9.82	/ (	(0.915	+	1.386)	/	2 )
=	9.82	/	1.1505
=	8.54

Quantum Healthcare's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0	/ (	(1.714	+	1.386)	/	2 )
=	0	/	1.55
=	N/A

Quantum Healthcare (OTCPK:QTHLF) 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.

Quantum Healthcare Receivables Turnover Related Terms

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Quantum Healthcare (Quantum Healthcare) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Quantum Healthcare Ltd (OTCPK:QTHLF) » Definitions » Receivables Turnover

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V8Y:Singapore

Address

8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.quantumhealthcare.com.sg

Quantum Healthcare Ltd formerly QT Vascular Ltd engages in the development and distribution of therapeutic solutions for the treatment of vascular diseases. It designs, assembles, and distributes therapeutic solutions for the minimally invasive treatment of complex vascular diseases. Healthcare Business also includes the provision of dental services, and operations management and consultancy services, Medical Equipment Business includes the research, development, and design of medical equipment and other related products of geriatric medical rehabilitation equipment and others.

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