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Todos Medical (Todos Medical) Receivables Turnover : 1.86 (As of Sep. 2022)


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What is Todos Medical 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. Todos Medical's Revenue for the three months ended in Sep. 2022 was $1.91 Mil. Todos Medical's average Accounts Receivable for the three months ended in Sep. 2022 was $1.03 Mil. Hence, Todos Medical's Receivables Turnover for the three months ended in Sep. 2022 was 1.86.


Todos Medical Receivables Turnover Historical Data

The historical data trend for Todos Medical'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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Todos Medical Receivables Turnover Chart

Todos Medical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial - - - 13.78 8.44

Todos Medical Quarterly Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.52 1.94 0.87 1.57 1.86

Competitive Comparison of Todos Medical's Receivables Turnover

For the Diagnostics & Research subindustry, Todos Medical'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.


Todos Medical's Receivables Turnover Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Todos Medical's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Todos Medical's Receivables Turnover falls into.



Todos Medical Receivables Turnover Calculation

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

Todos Medical's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=12.23 / ((0.378 + 2.52) / 2 )
=12.23 / 1.449
=8.44

Todos Medical's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=1.914 / ((1.39 + 0.67) / 2 )
=1.914 / 1.03
=1.86

* 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.


Todos Medical  (OTCPK:TOMDF) 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.


Todos Medical Receivables Turnover Related Terms

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Todos Medical (Todos Medical) Business Description

Traded in Other Exchanges
N/A
Address
121 Derech Menachem Begin, 30th Floor, Tel Aviv, ISR, 6701203
Todos Medical Ltd is an in vitro diagnostics company. Its operating segments are Breast Cancer Test, Alzheimer's, and COVID-19 testing. The company generates all of its revenue from the United States.
Executives
Gerald Commissiong director, officer: CEO and Director 675 ALMANOR AVENUE, SUNNYVALE CA 94085
Strategic Investment Holdings, Llc 10 percent owner 875 CARRETERA 693, SUITE 201, DORADO PR 00646