Krystal Biotech Inc (KRYS)

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 293,354 247,796 172,511 103,808 58,154 10,946 2,390 809 0 0 0 0 0 0 0 0 0 0 0 542
Receivables US$ in thousands 104,700 97,298 103,236 46,467 42,040 9,316
Receivables turnover 2.80 2.55 1.67 2.23 1.38 1.17

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $293,354K ÷ $104,700K
= 2.80

The receivables turnover ratio for Krystal Biotech Inc has shown significant improvement over the last few quarters, starting from 1.17 in September 30, 2023, increasing to 2.80 by December 31, 2024. This indicates that the company is managing its accounts receivable more efficiently and collecting outstanding payments at a faster pace. A higher receivables turnover ratio generally signifies better liquidity, as it implies that the company is able to convert its receivables into cash quickly. This improved efficiency in receivables management could potentially lead to better cash flow and working capital management for Krystal Biotech Inc.