XOMA Royalty (STU:X0M1) Receivables Turnover : 21.35 (As of Jun. 2024)

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What is XOMA Royalty 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. XOMA Royalty's Revenue for the three months ended in Jun. 2024 was €5.25 Mil. XOMA Royalty's average Accounts Receivable for the three months ended in Jun. 2024 was €0.25 Mil. Hence, XOMA Royalty's Receivables Turnover for the three months ended in Jun. 2024 was 21.35.

XOMA Royalty Receivables Turnover Historical Data

The historical data trend for XOMA Royalty'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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XOMA Royalty Receivables Turnover Chart

XOMA Royalty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.41

16.91

168.44

61.17

9.46

XOMA Royalty Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															3.65	1.78	3.50	2.97	21.35

Competitive Comparison of XOMA Royalty's Receivables Turnover

For the Biotechnology subindustry, XOMA Royalty'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.

XOMA Royalty's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, XOMA Royalty's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where XOMA Royalty's Receivables Turnover falls into.

XOMA Royalty Receivables Turnover Calculation

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

XOMA Royalty'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 )
=	4.363	/ (	(0.001	+	0.921)	/	2 )
=	4.363	/	0.461
=	9.46

XOMA Royalty's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	5.253	/ (	(0.003	+	0.489)	/	2 )
=	5.253	/	0.246
=	21.35

XOMA Royalty (STU:X0M1) 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.

XOMA Royalty Receivables Turnover Related Terms

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XOMA Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » XOMA Royalty Corp (STU:X0M1) » Definitions » Receivables Turnover

Comparable Companies

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XOMAO.PFD:USA XOMAP.PFD:USA XOMA:USA 0M26:UK

Address

2200 Powell Street, Suite 310, Emeryville, CA, USA, 94608

Website

https://www.xoma.com

XOMA Corp is a biotechnology royalty aggregator playing a role in helping biotech companies achieve their goal of improving human health. XOMA acquires the potential future economics associated with pre-commercial therapeutic candidates that have been licensed to pharmaceutical or biotechnology companies. When XOMA acquires future economic rights, the seller receives non-dilutive, non-recourse funding that can use to advance their internal drug candidate(s) or for general corporate purposes.

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