Varex Imaging (Varex Imaging) Receivables Turnover : 1.25 (As of Dec. 2023)

Varex Imaging Receivables Turnover Chart

Varex Imaging Annual Data
	Trend	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Receivables Turnover		Get a 7-Day Free Trial					5.29	5.58	5.86	5.23	5.30

Varex Imaging 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															1.24	1.44	1.44	1.39	1.25

Competitive Comparison of Varex Imaging's Receivables Turnover

For the Medical Devices subindustry, Varex Imaging'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.

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

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

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

Varex Imaging Receivables Turnover Calculation

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

Varex Imaging's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Varex Imaging's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

Varex Imaging  (NAS:VREX) 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.

Varex Imaging Receivables Turnover Related Terms

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Varex Imaging (Varex Imaging) Business Description