Quidel Corporation (QDEL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,782,900 | 2,993,500 | 3,266,000 | 1,698,550 | 1,661,670 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,782,900K ÷ $—K
= —
Based on the provided data for Quidel Corporation, the receivables turnover ratio is not available for the years ending December 31, 2020 through December 31, 2024. The receivables turnover ratio measures how efficiently a company is able to collect outstanding receivables from its customers during a specific period. A higher turnover ratio generally indicates that the company is collecting its receivables more quickly.
Without the specific values for the receivables turnover ratio, it is challenging to assess Quidel Corporation's effectiveness in managing its receivables and converting them into cash. It would be beneficial to have this information to better understand the company's liquidity position and efficiency in collecting payments from customers.
Peer comparison
Dec 31, 2024