Roivant Sciences Ltd (ROIV)

Receivables turnover

		Mar 31, 2025	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
Revenue (ttm)	US$ in thousands	76,195	97,555	125,677	158,303	124,795	123,241	103,153	78,585	61,280	43,127	50,416	51,870	55,286	61,209	42,618	29,954	23,795	8,649
Receivables	US$ in thousands	—	678	22,684	82,813	63,188	54,624	39,914	39,914	37,644	29,454	27,367	—	6,732	11,548	12,316	5,409	13,832	—
Receivables turnover		—	143.89	5.54	1.91	1.97	2.26	2.58	1.97	1.63	1.46	1.84	—	8.21	5.30	3.46	5.54	1.72	—

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $76,195K ÷ $—K
= —

The receivables turnover ratio for Roivant Sciences Ltd shows how efficiently the company is collecting payments from its customers. A higher ratio indicates a shorter time it takes to collect outstanding receivables.

Analyzing the data provided, we can see fluctuations in the receivables turnover ratio over the reporting periods. From March 31, 2021, to September 30, 2021, there was a gradual increase in the ratio from 1.72 to 3.46, signaling an improvement in the efficiency of collecting receivables. This trend continued as the ratio peaked at 143.89 on December 31, 2024, suggesting a significant increase in the speed of collecting payments.

However, it is essential to note the substantial drop in the receivables turnover ratio on June 30, 2024, followed by a return to a more normalized level on September 30, 2024. This fluctuation could indicate issues with collecting receivables efficiently during that particular period.

The absence of data points for December 31, 2020, June 30, 2022, and March 31, 2025, limits the complete analysis of the receivables turnover trend for Roivant Sciences Ltd. Overall, the company's performance in managing receivables turnover shows mixed results, with periods of significant improvement and some fluctuations that may require further investigation to understand underlying reasons.