Odontoprev (Odontoprev) Receivables Turnover : 13.93 (As of Mar. 2024)

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What is Odontoprev 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. Odontoprev's Revenue for the three months ended in Mar. 2024 was $111.4 Mil. Odontoprev's average Accounts Receivable for the three months ended in Mar. 2024 was $8.0 Mil. Hence, Odontoprev's Receivables Turnover for the three months ended in Mar. 2024 was 13.93.

Odontoprev Receivables Turnover Historical Data

The historical data trend for Odontoprev'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.

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Odontoprev Receivables Turnover Chart

Odontoprev Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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11.13

10.13

11.60

20.40

63.68

Odontoprev 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															16.95	17.98	14.08	15.01	13.93

Competitive Comparison of Odontoprev's Receivables Turnover

For the Healthcare Plans subindustry, Odontoprev'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.

Odontoprev's Receivables Turnover Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Odontoprev's Receivables Turnover distribution charts can be found below:

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

Odontoprev Receivables Turnover Calculation

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

Odontoprev'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 )
=	432.399	/ (	(6.864	+	6.717)	/	2 )
=	432.399	/	6.7905
=	63.68

Odontoprev'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 )
=	111.35	/ (	(6.717	+	9.269)	/	2 )
=	111.35	/	7.993
=	13.93

Odontoprev (GREY:ODPVF) 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.

Odontoprev Receivables Turnover Related Terms

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Odontoprev (Odontoprev) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Odontoprev SA (GREY:ODPVF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

ODPV3:Brazil

Address

Avenida Marcos Penteado de Ulhoa Rodrigues, 939 - 14th Floor, section 1401, Jatoba Building, Castelo Branco Office Park, Tambore, Barueri, SP, BRA, 06460-040

Website

http://www.odontoprev.com.br

Odontoprev SA provides dental benefit plans throughout Brazil and operates a sizable network of dentists throughout the country. The firm operates in three segments based on client size as well as one auxiliary segment that includes dental care goods and services. The dental care plan segments include corporate plans with many contracts (more than 200); small and midsize, with smaller groups of contracts; and individual, which includes monthly and annual plans sold directly to individuals. The majority of Odontoprev's revenue is generated by the corporate segment.

Odontoprev (Odontoprev) Headlines

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