Diasorin SpA (MIL:DIA) Receivables Turnover : 1.52 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Diasorin SpA 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. Diasorin SpA's Revenue for the three months ended in Dec. 2023 was €302 Mil. Diasorin SpA's average Accounts Receivable for the three months ended in Dec. 2023 was €199 Mil. Hence, Diasorin SpA's Receivables Turnover for the three months ended in Dec. 2023 was 1.52.

Diasorin SpA Receivables Turnover Historical Data

The historical data trend for Diasorin SpA'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.

Diasorin SpA Receivables Turnover Chart

Diasorin SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.36

5.91

6.46

6.22

5.49

Diasorin SpA 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															1.59	1.32	-	-	1.52

Competitive Comparison of Diasorin SpA's Receivables Turnover

For the Diagnostics & Research subindustry, Diasorin SpA'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.

Diasorin SpA's Receivables Turnover Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Diasorin SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Diasorin SpA's Receivables Turnover falls into.

Diasorin SpA Receivables Turnover Calculation

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

Diasorin SpA'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 )
=	1148.21	/ (	(220.035	+	198.56)	/	2 )
=	1148.21	/	209.2975
=	5.49

Diasorin SpA'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 )
=	302.21	/ (	(0	+	198.56)	/	1 )
=	302.21	/	198.56
=	1.52

Diasorin SpA (MIL:DIA) 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.

Diasorin SpA Receivables Turnover Related Terms

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

Diasorin SpA (MIL:DIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Diasorin SpA (MIL:DIA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DSRLF:USA 0GZX:UK 34D:Germany

Address

Via Crescentino Snc, Saluggia, Vercelli, ITA, 13040

Website

https://www.diasoringroup.com

Diasorin SpA is a biotechnology company engaged in developing, producing, and marketing reagent kits for laboratory diagnostics around the world. The business has focused on the immunodiagnostic market, molecular diagnostics, and Life Science sector. The company has a presence in Italy, Europe, North America, and the Rest of the world, where the majority of its revenue is from North America followed by Italy.