NeuPath Health (TSXV:NPTH) Receivables Turnover : 2.54 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is NeuPath Health 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. NeuPath Health's Revenue for the three months ended in Dec. 2024 was C$18.89 Mil. NeuPath Health's average Accounts Receivable for the three months ended in Dec. 2024 was C$7.44 Mil. Hence, NeuPath Health's Receivables Turnover for the three months ended in Dec. 2024 was 2.54.

NeuPath Health Receivables Turnover Historical Data

The historical data trend for NeuPath Health'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.

NeuPath Health Receivables Turnover Chart

NeuPath Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

8.11

9.73

9.19

9.67

10.33

NeuPath Health Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.46	2.46	2.46	2.31	2.54

Competitive Comparison of NeuPath Health's Receivables Turnover

For the Medical Care Facilities subindustry, NeuPath Health'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.

NeuPath Health's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where NeuPath Health's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

NeuPath Health Receivables Turnover Calculation

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

NeuPath Health's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	72.806	/ (	(6.664	+	7.43)	/	2 )
=	72.806	/	7.047
=	10.33

NeuPath Health's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	18.888	/ (	(7.443	+	7.43)	/	2 )
=	18.888	/	7.4365
=	2.54

NeuPath Health (TSXV:NPTH) 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.

NeuPath Health Receivables Turnover Related Terms

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

NeuPath Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NeuPath Health Inc (TSXV:NPTH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Suite 2100, Toronto, ON, CAN, M5J 2T3

Website

https://www.neupath.com

NeuPath Health Inc operates an end-to-end, integrated network of healthcare businesses. It utilizes research, data-driven insights, technology, and interdisciplinary care to help restore function for patients impacted by acute and chronic musculoskeletal conditions, including chronic pain, spinal injuries, sports-related injuries, and concussions. It operates an interdisciplinary network of medical clinics in Ontario and Alberta, in addition to an independent medical assessment business with a national network of healthcare providers. Its medical clinics provide comprehensive assessments and rehabilitation services to clients with chronic pain, musculoskeletal or back injuries, sports-related injuries, and concussions.

Executives

Joseph Andrew Walewicz	Director
Zaffirios Zygouras	Senior Officer
Neupath Health Inc.	Issuer
Daniel Chicoine	Director
Daniel Marcel Legault	Director
Grishanth Ram Ram	Director
Grant Connelly	Senior Officer
Stephen Lemieux	Senior Officer

NeuPath Health Headlines

No Headlines