Innoviva Inc (INVA)

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 365,623 363,089 340,840 318,478 313,895 290,426 290,424 317,652 331,339 373,216 403,821 396,407 391,866 374,662 365,494 343,634 336,794 322,289 299,350 284,511
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $365,623K ÷ $—K
= —

The receivables turnover for Innoviva Inc for the periods from March 31, 2020, to December 31, 2024, was not provided in the data. Receivables turnover is a financial ratio that measures how efficiently a company is collecting on its credit sales during a specific period.

Without the specific values for receivables turnover, it is challenging to assess how well Innoviva Inc is managing its receivables and converting them into cash. A higher receivables turnover ratio generally indicates that a company is collecting its outstanding receivables more quickly, which is a positive sign of efficient credit management.

However, a low receivables turnover ratio could suggest that the company is facing challenges in collecting payments from its customers promptly. This may lead to cash flow issues and potentially impact the company's liquidity and overall financial health.

To provide a more thorough analysis of Innoviva Inc's receivables turnover and its implications for the company's operations and financial performance, it would be necessary to have the actual values for this ratio over the specified period. Investors and stakeholders typically use this ratio to assess a company's effectiveness in managing its accounts receivable and to evaluate its overall financial stability.