Incyte Corporation (INCY)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,241,220 | 3,693,100 | 3,394,640 | 2,986,270 | 2,666,700 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,241,220K ÷ $—K
= —
Based on the provided data, Incyte Corporation's Receivables Turnover ratio is not available for the years from December 31, 2020, to December 31, 2024. This means that we do not have information on the company's efficiency in collecting its accounts receivable during this period.
Receivables turnover is a crucial ratio that indicates how many times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio generally suggests that the company is efficient in collecting payments from its customers, while a lower ratio may indicate potential collection issues or an inefficient credit policy.
Without the specific data on Incyte Corporation's receivables turnover, we are unable to assess the effectiveness of the company's accounts receivable management or draw conclusions about its overall financial health in terms of collections during the specified years.
Peer comparison
Dec 31, 2024