TransMedics Group Inc (TMDX)
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 | 441,540 | 401,090 | 358,759 | 296,919 | 241,623 | 191,824 | 151,077 | 119,133 | 93,459 | 71,752 | 51,439 | 39,089 | 30,262 | 28,221 | 29,942 | 25,162 | 25,639 | 24,069 | 24,183 | 26,458 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $441,540K ÷ $—K
= —
The data provided for TransMedics Group Inc's receivables turnover ratio shows that the ratio was not available for each reporting period from March 31, 2020, to December 31, 2024. The absence of specific data on receivables turnover limits our ability to assess the company's efficiency in collecting outstanding receivables from customers during these periods.
Receivables turnover ratio is a key financial metric that indicates how many times a company collects its average accounts receivable balance during a specific period. A higher turnover ratio generally signifies that the company is efficient in managing its accounts receivable and converting sales into cash promptly. Conversely, a low turnover ratio may indicate potential issues with collecting receivables, which can impact cash flow and overall liquidity.
Given the lack of data on receivables turnover, it is challenging to gauge the effectiveness of TransMedics Group Inc's credit and collection policies, as well as its overall working capital management strategy. It would be beneficial for stakeholders and investors to have access to this information in order to gain deeper insights into the company's financial operations and performance in relation to its receivables management.
Peer comparison
Dec 31, 2024