Globus Medical (GMED)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,519,355 | 2,478,596 | 2,236,530 | 1,898,454 | 1,568,476 | 1,226,440 | 1,096,949 | 1,068,982 | 1,022,843 | 998,366 | 973,939 | 961,307 | 958,102 | 941,526 | 927,903 | 825,809 | 789,042 | 767,264 | 747,381 | 792,998 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,519,355K ÷ $—K
= —
The receivables turnover ratio for Globus Medical is not available for the period from March 31, 2020, to December 31, 2024, as indicated by the absence of numerical data in the provided information. Receivables turnover ratio measures how efficiently a company is managing its accounts receivable by indicating the number of times a company collects its average accounts receivable balance during a specific period.
Without specific numerical values for receivables turnover, it is challenging to assess Globus Medical's effectiveness in collecting outstanding receivables. A higher receivables turnover ratio generally indicates that the company is collecting its outstanding receivables more quickly, which is a positive sign of efficient operations and effective credit management.
In order to provide a more thorough analysis of Globus Medical's receivables turnover, numerical data for the relevant periods would be necessary to calculate the ratio and draw meaningful conclusions about the company's accounts receivable management efficiency.
Peer comparison
Dec 31, 2024