Khiron Life Sciences (Khiron Life Sciences) Receivables Turnover : 0.77 (As of Sep. 2022)

View and export this data going back to 2018. Start your Free Trial

What is Khiron Life Sciences 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. Khiron Life Sciences's Revenue for the three months ended in Sep. 2022 was $2.54 Mil. Khiron Life Sciences's average Accounts Receivable for the three months ended in Sep. 2022 was $3.30 Mil. Hence, Khiron Life Sciences's Receivables Turnover for the three months ended in Sep. 2022 was 0.77.

Khiron Life Sciences Receivables Turnover Historical Data

The historical data trend for Khiron Life Sciences'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.

Khiron Life Sciences Receivables Turnover Chart

Khiron Life Sciences Annual Data

Trend

May12

May13

May14

May15

May16

May17

Dec18

Dec19

Dec20

Dec21

Receivables Turnover

Get a 7-Day Free Trial

0.31

3.19

2.10

3.43

Khiron Life Sciences Quarterly Data
	Nov17	Feb18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Receivables Turnover	Get a 7-Day Free Trial															0.82	1.07	1.29	1.03	0.77

Competitive Comparison of Khiron Life Sciences's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Khiron Life Sciences'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.

Khiron Life Sciences's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Khiron Life Sciences's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Khiron Life Sciences's Receivables Turnover falls into.

Khiron Life Sciences Receivables Turnover Calculation

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

Khiron Life Sciences'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 )
=	9.996	/ (	(3.578	+	2.25)	/	2 )
=	9.996	/	2.914
=	3.43

Khiron Life Sciences'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 )
=	2.538	/ (	(3.318	+	3.284)	/	2 )
=	2.538	/	3.301
=	0.77

Khiron Life Sciences (OTCPK:KHRNF) 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.

Khiron Life Sciences Receivables Turnover Related Terms

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

Khiron Life Sciences (Khiron Life Sciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Khiron Life Sciences Corp (OTCPK:KHRNF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2300 - 500 Burrard Street, Vancouver, BC, CAN, V6C 2B5

Website

https://www.khiron.ca

Khiron Life Sciences Corp is a vertically integrated medical company with core operations in Latin America and Europe, The company's platform leverages medical health clinics and proprietary telemedicine platforms, Khiron combines a patient-oriented approach, physician education programs, scientific, product innovation, and cannabis operations expertise to drive prescriptions and brand loyalty with patients worldwide. The company has a presence in Mexico, Peru, Germany, the United Kingdom, and Brazil.