GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AS Latvijas Juras medicinas centrs (ORSE:LJM1R) » Definitions » Receivables Turnover

AS Latvijas Juras medicinas centrs (ORSE:LJM1R) Receivables Turnover : 27.31 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is AS Latvijas Juras medicinas centrs 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. AS Latvijas Juras medicinas centrs's Revenue for the three months ended in Mar. 2024 was €2.54 Mil. AS Latvijas Juras medicinas centrs's average Accounts Receivable for the three months ended in Mar. 2024 was €0.09 Mil. Hence, AS Latvijas Juras medicinas centrs's Receivables Turnover for the three months ended in Mar. 2024 was 27.31.


AS Latvijas Juras medicinas centrs Receivables Turnover Historical Data

The historical data trend for AS Latvijas Juras medicinas centrs'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.

AS Latvijas Juras medicinas centrs Receivables Turnover Chart

AS Latvijas Juras medicinas centrs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.74 91.96 117.05 105.45 119.25

AS Latvijas Juras medicinas centrs 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.67 28.73 30.14 28.13 27.31

Competitive Comparison of AS Latvijas Juras medicinas centrs's Receivables Turnover

For the Medical Care Facilities subindustry, AS Latvijas Juras medicinas centrs'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.


AS Latvijas Juras medicinas centrs's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AS Latvijas Juras medicinas centrs's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AS Latvijas Juras medicinas centrs's Receivables Turnover falls into.



AS Latvijas Juras medicinas centrs Receivables Turnover Calculation

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

AS Latvijas Juras medicinas centrs'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 )
=9.838 / ((0.082 + 0.083) / 2 )
=9.838 / 0.0825
=119.25

AS Latvijas Juras medicinas centrs'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 )
=2.54 / ((0.083 + 0.103) / 2 )
=2.54 / 0.093
=27.31

* 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.


AS Latvijas Juras medicinas centrs  (ORSE:LJM1R) 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.


AS Latvijas Juras medicinas centrs Receivables Turnover Related Terms

Thank you for viewing the detailed overview of AS Latvijas Juras medicinas centrs's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


AS Latvijas Juras medicinas centrs (ORSE:LJM1R) Business Description

Traded in Other Exchanges
N/A
Address
Patversmes iela 23, Riga, LVA, LV-1005
AS Latvijas Juras medicinas centrs is engaged in the provision of healthcare services. It operates hospitals and diagnostic centers. The company offers diagnostics services, magnetic resonance imaging, radiological diagnostics services, and ambulance services. It is also engaged in General medical practice activities, Special medical practice activities, Residential nursing care activities, Retail sale of medical and orthopedic goods in specialized stores, and Other personal service activities. The majority of the revenue is generated from the Ambulatory Medical Services.

AS Latvijas Juras medicinas centrs (ORSE:LJM1R) Headlines

No Headlines