Vericel Corp Ord (VCEL)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 237,224 197,516 164,365 156,184 124,179
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $237,224K ÷ $—K
= —

Based on the provided data, Vericel Corp Ord's receivables turnover ratio is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is used to assess a company's efficiency in collecting its accounts receivable during a specific period. Without this ratio, it is challenging to evaluate how quickly Vericel Corp Ord is converting its credit sales into cash. It is important to consider the reason for the unavailability of this data and any implications it might have on the company's overall financial performance and operational effectiveness.