GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Kidswell Bio Corp (TSE:4584) » Definitions » Receivables Turnover

Kidswell Bio (TSE:4584) Receivables Turnover : 1.86 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Kidswell Bio 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. Kidswell Bio's Revenue for the three months ended in Dec. 2023 was 円985 Mil. Kidswell Bio's average Accounts Receivable for the three months ended in Dec. 2023 was 円530 Mil. Hence, Kidswell Bio's Receivables Turnover for the three months ended in Dec. 2023 was 1.86.


Kidswell Bio Receivables Turnover Historical Data

The historical data trend for Kidswell Bio'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.

* Premium members only.

Kidswell Bio Receivables Turnover Chart

Kidswell Bio Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 1.78 1.36 2.45 3.71

Kidswell Bio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.83 1.13 0.08 1.43 1.86

Competitive Comparison of Kidswell Bio's Receivables Turnover

For the Biotechnology subindustry, Kidswell Bio'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.


Kidswell Bio's Receivables Turnover Distribution in the Biotechnology Industry

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

* The bar in red indicates where Kidswell Bio's Receivables Turnover falls into.



Kidswell Bio Receivables Turnover Calculation

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

Kidswell Bio's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=2776.24 / ((461.854 + 1036.216) / 2 )
=2776.24 / 749.035
=3.71

Kidswell Bio'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=984.872 / ((578.193 + 481.855) / 2 )
=984.872 / 530.024
=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.


Kidswell Bio  (TSE:4584) 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.


Kidswell Bio Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Kidswell Bio's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Kidswell Bio (TSE:4584) Business Description

Traded in Other Exchanges
N/A
Address
1-2-12, Shinkawa, Kanayama Building, 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0033
Kidswell Bio Corp is a biopharmaceutical company engaged in the discovery and development of drugs.

Kidswell Bio (TSE:4584) Headlines

No Headlines