Hims Hers Health Inc (HIMS)

Receivables turnover

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 Dec 31, 2019
Revenue (ttm) US$ in thousands 1,241,994 1,067,137 959,401 872,000 792,584 710,721 616,372 526,916 444,412 373,749 320,878 271,878 228,645 195,796 171,008 148,757 132,060 90,736 54,832
Receivables US$ in thousands 6,700 3,900 4,100 1,100
Receivables turnover 130.15 135.11 66.31 135.23

September 30, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,241,994K ÷ $—K
= —

The receivables turnover for Hims Hers Health Inc has fluctuated over the past few periods, with notable peaks at Dec 31, 2023 (130.15) and Dec 31, 2022 (135.11), indicating the company's ability to collect outstanding receivables efficiently during those periods. However, at other points such as Dec 31, 2021 (66.31) and Dec 31, 2020 (135.23), the receivables turnover was lower, suggesting potential challenges in collecting receivables promptly. Overall, the trend in receivables turnover implies varying effectiveness in managing the collection of receivables over the reviewed periods.