Vir Biotechnology Inc (VIR)
Receivables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 86,180 | 1,615,800 | 1,095,420 | 76,368 | 8,091 |
| Receivables | US$ in thousands | — | — | 773,079 | — | — |
| Receivables turnover | — | — | 1.42 | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $86,180K ÷ $—K
= —
The receivables turnover for Vir Biotechnology Inc was not available for the years ending December 31, 2023, 2022, and 2020. However, the company's receivables turnover was 1.42 for the year ending December 31, 2021.
Receivables turnover measures how efficiently a company is managing its receivables. A higher turnover ratio indicates that the company is collecting its accounts receivable more quickly.
Since the receivables turnover data was not available for all years, it is difficult to track the trend or make a comparative analysis over multiple periods. It would be beneficial to have more years of data to assess the consistency and trend in Vir Biotechnology Inc's receivables turnover performance.
Peer comparison
Dec 31, 2023