GE HealthCare Technologies Inc. (GEHC)
Receivables turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 18,952,000 | 19,284,000 | |||
| Receivables | US$ in thousands | -1,000 | 6,000 | 9,000 | 3,504,000 | 3,409,000 |
| Receivables turnover | — | 3,214.00 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $18,952,000K ÷ $-1,000K
= —
The receivables turnover ratio for GE HealthCare Technologies Inc. is provided only for the third quarter of 2023, standing at 3,214.00. This ratio indicates the company's efficiency in collecting payments from its customers during that period. A higher receivables turnover ratio generally suggests that the company is effectively managing its accounts receivables, converting them into cash quickly. However, without additional data points, it is challenging to draw a comprehensive trend analysis or make a comparative assessment with industry standards or the company's historical performance. It would be beneficial to have data for more periods to assess the consistency and direction of the receivables turnover ratio over time and to evaluate its implications on the company's liquidity and overall financial health.
Peer comparison
Dec 31, 2023