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Response Oncology (Response Oncology) Receivables Turnover : 4.86 (As of Mar. 2002)


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What is Response Oncology 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. Response Oncology's Revenue for the three months ended in Mar. 2002 was $22.8 Mil. Response Oncology's average Accounts Receivable for the three months ended in Mar. 2002 was $4.7 Mil. Hence, Response Oncology's Receivables Turnover for the three months ended in Mar. 2002 was 4.86.


Response Oncology Receivables Turnover Historical Data

The historical data trend for Response Oncology'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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Response Oncology Receivables Turnover Chart

Response Oncology Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 13.82 15.35

Response Oncology Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02
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 3.07 2.98 3.16 3.50 4.86

Competitive Comparison of Response Oncology's Receivables Turnover

For the Medical Care Facilities subindustry, Response Oncology'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.


Response Oncology's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Response Oncology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Response Oncology's Receivables Turnover falls into.



Response Oncology Receivables Turnover Calculation

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

Response Oncology's Receivables Turnover for the fiscal year that ended in Dec. 2001 is calculated as

Receivables Turnover (A: Dec. 2001 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2001 ) / ((Accounts Receivable (A: Dec. 2000 ) + Accounts Receivable (A: Dec. 2001 )) / count )
=118.085 / ((9.469 + 5.915) / 2 )
=118.085 / 7.692
=15.35

Response Oncology's Receivables Turnover for the quarter that ended in Mar. 2002 is calculated as

Receivables Turnover (Q: Mar. 2002 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2002 ) / ((Accounts Receivable (Q: Dec. 2001 ) + Accounts Receivable (Q: Mar. 2002 )) / count )
=22.79 / ((5.915 + 3.455) / 2 )
=22.79 / 4.685
=4.86

* 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.


Response Oncology  (GREY:ROIX) 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.


Response Oncology Receivables Turnover Related Terms

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Response Oncology (Response Oncology) Business Description

Traded in Other Exchanges
N/A
Address
1775 Moriah Woods Boulevard, Memphis, TN, USA, 38117
Website
Response Oncology Inc provides cancer treatments and related services on an outpatient basis.

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