Quidel Corporation (QDEL)
Receivables turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 2,997,800 | 3,266,000 |
| Receivables | US$ in thousands | 442,200 | 492,500 |
| Receivables turnover | 6.78 | 6.63 |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,997,800K ÷ $442,200K
= 6.78
Peer comparison
Dec 31, 2023
Company name
Symbol
Receivables turnover
Quidel Corporation
QDEL
6.78
IDEXX Laboratories Inc
IDXX
7.72
Lantheus Holdings Inc
LNTH
4.49
Myriad Genetics Inc
MYGN
6.52
Neogen Corporation
NEOG
10.55