QTHLF (Quantum Healthcare) Receivables Turnover: 1.59 (As of Mar. 2026)

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What is Quantum Healthcare Receivables Turnover?

Quantum Healthcare QTHLF +20.00% Receivables Turnover is 1.59 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 812 Medical Devices & Instruments companies, Quantum Healthcare ranks worse than 50.25% on this metric.

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 Mar. 2026 was $2.55 Mil. Quantum Healthcare's average Accounts Receivable for the three months ended in Mar. 2026 was $1.60 Mil. Hence, Quantum Healthcare's Receivables Turnover for the three months ended in Mar. 2026 was 1.59.


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


Quantum Healthcare Receivables Turnover Historical Data

* Premium members only.

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.

Quantum Healthcare Receivables Turnover Chart

Quantum Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 14.79 8.54 6.66 7.60

Quantum Healthcare Quarterly Data
Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.33 1.20 1.28 1.70 1.59

QTHLF vs ABT, SYK, MDT: Receivables Turnover Comparison

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 Receivables Turnover vs 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. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=10.122 / ((1.434 + 1.23) / 2 )
=10.122 / 1.332
=7.60

Quantum Healthcare's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2.545 / ((1.23 + 1.965) / 2 )
=2.545 / 1.5975
=1.59

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.59 mean?
Quantum Healthcare (QTHLF) has a Receivables Turnover of 1.59 as of Mar. 2026. 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 Quantum Healthcare and its competitors. According to the industry distribution chart, Quantum Healthcare ranks #408 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 50.2%.
Is Quantum Healthcare's Receivables Turnover too high?
Quantum Healthcare's current Receivables Turnover is 1.59. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. Quantum Healthcare's value of 1.59 is 71.1% below this industry median. Based on the distribution chart, Quantum Healthcare ranks #408 out of 812 companies in the Medical Devices & Instruments industry, which is below the industry midpoint.
How does Quantum Healthcare's Receivables Turnover compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Quantum Healthcare ranks #408 out of 812 companies for Receivables Turnover. This places Quantum Healthcare in the lower half of its industry. The industry median Receivables Turnover is 5.51. Quantum Healthcare's value of 1.59 is 71.1% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 812 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. Quantum Healthcare's current Receivables Turnover of 1.59 is 71.1% 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 Quantum Healthcare and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quantum Healthcare's current Receivables Turnover is 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum Healthcare stock overvalued right now?
Quantum Healthcare (QTHLF) has a current Receivables Turnover of 1.59. The current Receivables Turnover is 1.59 and 71.1% below the Medical Devices & Instruments industry median of 5.51. 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 Quantum Healthcare (QTHLF), the current Receivables Turnover is 1.59 as of Mar. 2026. 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.

Quantum Healthcare Business Description

Other Exchanges V8Y:Singapore
Address 745 Lorong 5 Toa Payoh, Suite 01-00, Singapore, SGP, 319455
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 Corporate business includes operations management and consultancy services. Company provides services which includes the research, development, and design of medical equipment and other related products of geriatric medical rehabilitation equipment and others.