Tandem Diabetes Care Inc (TNDM)

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 1,059,521 973,669 796,002 770,009 747,718 771,424 790,349 794,694 801,218 790,712 765,792 737,669 702,799 660,868 604,844 541,941 498,830 439,163 410,217 394,236
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,059,521K ÷ $—K
= —

The receivables turnover ratio for Tandem Diabetes Care Inc is not provided in the financial data available. The receivables turnover ratio is a key efficiency ratio that measures how effectively a company is able to collect payments from its customers on credit sales. This ratio is calculated by dividing net credit sales by the average accounts receivable balance.

Without the specific data points for net credit sales and accounts receivable, it is not possible to calculate or analyze the trend of the receivables turnover for Tandem Diabetes Care Inc. However, a high receivables turnover ratio typically indicates that a company is efficient in collecting receivables, while a low ratio may suggest inefficiencies in the company's accounts receivable management.

In order to provide a more detailed analysis of the receivables turnover ratio for Tandem Diabetes Care Inc, it would be necessary to have access to the relevant financial data such as net credit sales and accounts receivable balances across different periods. This information would enable a deeper assessment of the company's ability to collect payments from customers and manage its receivables effectively.