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. Dentsply Sirona's Revenue for the
three
months ended in Mar. 2024 was $953 Mil. Dentsply Sirona's average Accounts Receivable for the
three
months ended in Mar. 2024 was $676 Mil.
Hence, Dentsply Sirona's Receivables Turnover for the
three
months ended in Mar. 2024 was 1.41.
Dentsply Sirona Receivables Turnover Historical Data
The historical data trend for Dentsply Sirona'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.
Competitive Comparison of Dentsply Sirona's Receivables Turnover
For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.
Dentsply Sirona's Receivables Turnover Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Dentsply Sirona's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Dentsply Sirona's Receivables Turnover falls into.
Dentsply Sirona Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Dentsply Sirona's Receivables Turnover for the fiscal year 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.
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.
Dentsply Sirona Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Dentsply Sirona's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Dentsply Sirona (Dentsply Sirona) Business Description
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).
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