Quidel Corporation (QDEL)
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 | 2,780,900 | 2,815,700 | 2,832,600 | 2,861,400 | 2,997,800 | 3,121,700 | 3,161,500 | 3,109,800 | 3,265,960 | 3,036,327 | 2,762,263 | 2,325,473 | 1,698,551 | 1,870,887 | 1,837,209 | 1,862,353 | 1,661,668 | 1,004,643 | 655,077 | 561,575 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,780,900K ÷ $—K
= —
The receivables turnover ratio provides insight into how efficiently a company is able to collect its accounts receivable. However, in the case of Quidel Corporation, the data for the receivables turnover ratio is unavailable for all the specified periods from March 31, 2020, to December 31, 2024.
Without this ratio data, it is challenging to assess Quidel's ability to collect its outstanding receivables within a given period. The receivables turnover ratio is typically calculated by dividing the net credit sales by the average accounts receivable balance. A higher turnover ratio is generally favorable as it indicates that the company is collecting its receivables quickly.
Given the absence of data on the receivables turnover ratio for Quidel Corporation, it is difficult to draw any specific conclusions regarding the efficiency of its accounts receivable management during the specified periods.
Peer comparison
Dec 31, 2024