Community Healthcare Trust Inc (CHCT)
Receivables turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 112,845 | 109,063 | 105,135 | 101,374 | 97,679 | 95,579 | 94,026 | 92,665 | 90,579 | 87,461 | 83,551 | 79,143 | 75,684 | 72,393 | 69,308 | 65,344 | 60,849 | 56,210 | 52,556 | 50,642 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $112,845K ÷ $—K
= —
The receivables turnover ratio for Community Healthcare Trust Inc ranged from 4.67 to 5.39 over the past eight quarters. This ratio indicates how efficiently the company is collecting cash from its credit sales during each period. A higher receivables turnover ratio suggests that the company is collecting cash more quickly from its customers.
The trend in Community Healthcare Trust Inc's receivables turnover ratio shows a slight decline over the quarters, dropping from 5.39 in Q4 2022 to 4.88 in Q4 2023. This may suggest a lengthening in the time it takes the company to collect cash from its customers, which could potentially impact its cash flow and liquidity.
Overall, the company's receivables turnover ratio indicates that it is effectively managing its accounts receivable, but the declining trend warrants further monitoring to ensure efficient cash collection practices are maintained.
Peer comparison
Dec 31, 2023