Healthcare Services Group Inc (HCSG)

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 1,715,682 1,701,710 1,684,949 1,677,592 1,671,389 1,671,569 1,674,669 1,680,595 1,690,176 1,686,603 1,687,705 1,661,019 1,641,959 1,644,689 1,665,046 1,718,904 1,760,303 1,784,086 1,803,745 1,813,817
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,715,682K ÷ $—K
= —

The receivables turnover ratio for Healthcare Services Group Inc shows a value of "—", indicating that there is no specific data available for this metric across the provided dates from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a key financial metric that indicates how efficiently a company is managing its receivables by comparing its credit sales to its average accounts receivable balance.

Without the actual turnover ratio values, it is challenging to assess how quickly the company is collecting its accounts receivable or the effectiveness of its credit policies in generating revenue. An increasing receivables turnover ratio generally suggests that the company is collecting its outstanding receivables more quickly, which is a positive sign of efficient operations. Conversely, a decreasing ratio may indicate potential issues with collecting payments from customers or an inefficient credit management process.

In the absence of specific data points for the receivables turnover ratio, further analysis or additional financial information would be needed to provide a comprehensive evaluation of Healthcare Services Group Inc's receivables management and financial performance.