Universal Health Services Inc (UHS)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,827,900 | 14,282,000 | 13,399,400 | 12,642,100 | 11,558,900 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $15,827,900K ÷ $—K
= —
The data provided shows that Universal Health Services Inc has not reported any specific values for its receivables turnover ratio for the years 2020, 2021, 2022, 2023, and 2024. The absence of this information makes it challenging to assess how efficiently the company is managing its accounts receivable during these periods.
Receivables turnover is a crucial financial ratio that indicates how many times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio is generally preferred as it signifies a faster collection of receivables, which can improve cash flow and reduce the risk of bad debts.
However, without the actual receivables turnover figures, it is not possible to determine whether Universal Health Services Inc's collection process is efficient or if there have been changes in its accounts receivable management over the specified years.
In order to conduct a more in-depth analysis of the company's receivables turnover and its implications, it is essential to have the specific data points for each year to calculate the ratio accurately and evaluate its trend over time.
Peer comparison
Dec 31, 2024