Supernus Pharmaceuticals Inc (SUPN)
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 | 661,817 | 654,387 | 632,578 | 598,906 | 607,521 | 619,414 | 641,163 | 674,751 | 673,056 | 651,277 | 618,187 | 585,808 | 560,079 | 545,016 | 551,524 | 536,576 | 506,717 | 465,383 | 418,476 | 402,257 |
| Receivables | US$ in thousands | 142,077 | 145,408 | 152,494 | 147,734 | 144,155 | 141,764 | 136,556 | 143,568 | 165,497 | 164,086 | 158,063 | 145,149 | 148,932 | 133,676 | 137,275 | 127,065 | 140,877 | 133,107 | 126,559 | 119,195 |
| Receivables turnover | 4.66 | 4.50 | 4.15 | 4.05 | 4.21 | 4.37 | 4.70 | 4.70 | 4.07 | 3.97 | 3.91 | 4.04 | 3.76 | 4.08 | 4.02 | 4.22 | 3.60 | 3.50 | 3.31 | 3.37 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $661,817K ÷ $142,077K
= 4.66
The receivables turnover ratio for Supernus Pharmaceuticals Inc has shown a generally increasing trend over the observed periods from March 31, 2020, to December 31, 2024. This ratio indicates the company's effectiveness in collecting outstanding receivables.
The ratio started at 3.37 on March 31, 2020, and increased to 4.70 by March 31, 2023, showing a significant improvement in collection efficiency. Despite some fluctuations in between, the ratio remained above 4.00 most of the time, which is a positive sign indicating that Supernus Pharmaceuticals Inc is collecting its receivables more frequently.
Overall, the trend suggests that the company has been successful in managing its accounts receivable efficiently and converting them into cash. A higher receivables turnover ratio signifies faster collection of outstanding invoices, which indicates strong liquidity and effective credit management practices within the organization.
Peer comparison
Dec 31, 2024