GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Imaging Dynamics Co Ltd (TSXV:IDL) » Definitions » Receivables Turnover

Imaging Dynamics Co (TSXV:IDL) Receivables Turnover : 2.62 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Imaging Dynamics Co 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. Imaging Dynamics Co's Revenue for the three months ended in Mar. 2024 was C$0.02 Mil. Imaging Dynamics Co's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.01 Mil. Hence, Imaging Dynamics Co's Receivables Turnover for the three months ended in Mar. 2024 was 2.62.


Imaging Dynamics Co Receivables Turnover Historical Data

The historical data trend for Imaging Dynamics Co'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.

Imaging Dynamics Co Receivables Turnover Chart

Imaging Dynamics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.62 60.73 46.00 37.17 13.87

Imaging Dynamics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.47 1.76 0.32 2.33 2.62

Competitive Comparison of Imaging Dynamics Co's Receivables Turnover

For the Medical Devices subindustry, Imaging Dynamics Co'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.


Imaging Dynamics Co's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Imaging Dynamics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Imaging Dynamics Co's Receivables Turnover falls into.



Imaging Dynamics Co Receivables Turnover Calculation

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

Imaging Dynamics Co'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 )
=0.104 / ((0.007 + 0.008) / 2 )
=0.104 / 0.0075
=13.87

Imaging Dynamics Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.017 / ((0.008 + 0.005) / 2 )
=0.017 / 0.0065
=2.62

* 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.


Imaging Dynamics Co  (TSXV:IDL) 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.


Imaging Dynamics Co Receivables Turnover Related Terms

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


Imaging Dynamics Co (TSXV:IDL) Business Description

Traded in Other Exchanges
N/A
Address
110 Macintosh Boulevard, Unit 2, Concord, ON, CAN, L4K 4P3
Imaging Dynamics Co Ltd is engaged in the sale of medical imaging devices. Its products include 1600Plus X-series, Veterinary DR System, Magellan medical image processing software, Sirius Veterinary image processing software, CCD technology, Aquarius 8600, and VetnovaXion DR series. It sells mainly through dealers, distributors, and OEM partners. The company has sales in two sales geographic areas within one operating segment consisting of the Americas and outside of the Americas.

Imaging Dynamics Co (TSXV:IDL) Headlines

No Headlines