Innoviva Inc (INVA)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 358,711 | 310,463 | 331,339 | 391,866 | 336,794 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $358,711K ÷ $—K
= —
Based on the provided data, it appears that there is no information available for Innoviva Inc's receivables turnover for the years 2020 to 2024. Without the specific turnover ratios for these years, it is challenging to assess the efficiency of the company in collecting on its credit sales.
Receivables turnover is a critical ratio that indicates how efficiently a company is managing its accounts receivable by measuring how many times a company collects its average accounts receivable balance during a specific period. A higher turnover ratio generally signifies more efficient credit management and faster collection of outstanding debts.
In the absence of the actual turnover figures, it is not possible to conduct a detailed analysis or draw any conclusions regarding Innoviva Inc's receivables turnover performance over the specified years. Further information or data would be required to evaluate the effectiveness of the company's credit policies and collection practices.
Peer comparison
Dec 31, 2024