Abiomed Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2023 to a ratio of 11.77, this represents a new company high. This is a clear indication for improving liquidity at Abiomed Inc 's clients. Average collection period, for Abiomed Inc 's accounts receivable remained unchanged at 31 days, in the Sep 30 2022 quarter.

If we take a look into Healthcare sector 97 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1064, from overall ranking in the first quarter 2023 at 1721.

What is Receivable Turnover Ratio?
What is Abiomed Inc Selling?

What is Receivable Turnover Ratio?

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ABMD Receivables Turnover Ratio	(Sep 30 2022) II. Quarter	(Jun 30 2022) I. Quarter	(Mar 31 2022) IV. Quarter	(Dec 31 2021) III. Quarter	(Sep 30 2021) II. Quarter
Y / Y Receivable Change	5.48 %	2.77 %	-6.76 %	-4.34 %	10.7 %
Y / Y Revenue Change	7.16 %	9.73 %	11.86 %	12.74 %	18.3 %
Receivable Turnover Ratio (TTM)	11.77	11.73	11.54	11.01	10.57
ABMD's Total Ranking	# 1064	# 1721	# 1719	# 1053	# 182
Accounts Receivable average collection period days	31	31	32	33	35
Seq. Receivable Change	3.7 %	0.55 %	1.86 %	-0.69 %	1.04 %
Seq. Revenue Change	-4.05 %	2.7 %	3.32 %	5.25 %	-1.76 %

Receivable Turnover Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 21
Healthcare Sector	# 98
Overall Market	# 1064

Receivable Turnover Ratio Statistics
High	Average	Low
11.77	9.48	8.22
(Sep 30 2022)		(March 31, 2014)

ABMD Company Profile • Back to ABMD Efficiency Comparisons • Compare ABMD Receivables Turnover Ratio to its Competitors

Financial Statements
Abiomed Inc 's Accounts Receivable	$ 94 Millions	Visit ABMD's Balance sheet
Abiomed Inc 's Sales TTM	$ 1,074 Millions	Visit ABMD's Income Statement
Sources of ABMD's Revenues		Visit ABMD's Sales by Geography

Other Accounts Receivable Turnover Ratios
Medical Equipment & Supplies Industry Accounts Receivable Turnover Trends and Statistics
Healthcare Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ABMD's Receivable Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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ABMD's Growth Rates	ABMD's Roa	ABMD's Inventory Turnover Ratio	ABMD's Dividend Comparisons
ABMD's Profitability Ratios	ABMD's Roi	ABMD's Asset Turnover Ratio	ABMD's Dividend Growth
ABMD's Valuation Ratios	ABMD's Roe	ABMD's Financial Strength Ratios	ABMD's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2022, within Healthcare Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2022	Receivable at quarter ending Sep 30 2022
Tvardi Therapeutics Inc	31.20	$ 39.427 Millions	$ 1.264 Millions
Electromedical Technologies Inc	31.17	$ 0.963 Millions	$ 0.031 Millions
Notable Labs Ltd	30.83	$ 1.426 Millions	$ 0.046 Millions
Sqz Biotechnologies Company	29.18	$ 21.886 Millions	$ 0.750 Millions
Voyager Therapeutics Inc	28.21	$ 70.531 Millions	$ 2.500 Millions
Albireo Pharma inc	27.25	$ 57.391 Millions	$ 2.106 Millions
Arbutus Biopharma Corp	26.09	$ 35.980 Millions	$ 1.379 Millions
Vireo Growth Inc.	25.49	$ 69.239 Millions	$ 2.717 Millions
Immunogen inc	25.22	$ 95.607 Millions	$ 3.792 Millions
Inmed Pharmaceuticals Inc	25.18	$ 1.410 Millions	$ 0.056 Millions
Ainos Inc	25.07	$ 2.508 Millions	$ 0.100 Millions
U S Physical Therapy Inc	23.69	$ 428.977 Millions	$ 18.111 Millions
Thorne Healthtech Inc	22.71	$ 219.018 Millions	$ 9.646 Millions
Catalyst Pharmaceuticals Inc	21.25	$ 191.755 Millions	$ 9.024 Millions
Talkspace Inc	21.05	$ 145.655 Millions	$ 6.920 Millions
Nutriband Inc	20.57	$ 2.044 Millions	$ 0.099 Millions
Anika Therapeutics Inc	20.43	$ 152.435 Millions	$ 7.461 Millions
Wearable Health Solutions, Inc.	20.27	$ 0.960 Millions	$ 0.047 Millions
U s Stem Cell Inc	20.17	$ 0.086 Millions	$ 0.004 Millions
Biomerica Inc	19.29	$ 19.247 Millions	$ 0.998 Millions
Intellia Therapeutics Inc	19.20	$ 51.402 Millions	$ 2.677 Millions
Lftd Partners Inc	19.07	$ 58.890 Millions	$ 3.087 Millions
Vystar Corporation	18.33	$ 15.105 Millions	$ 0.824 Millions
Arcturus Therapeutics Holdings Inc	18.15	$ 51.500 Millions	$ 2.837 Millions
C4 Therapeutics Inc	18.09	$ 48.320 Millions	$ 2.672 Millions
Statera Biopharma Inc fka Cytocom Inc	18.01	$ 3.688 Millions	$ 0.205 Millions
Sangamo Therapeutics Inc	17.93	$ 112.055 Millions	$ 6.248 Millions
Zomedica Corp	17.70	$ 12.688 Millions	$ 0.717 Millions
Theralink Technologies Inc	17.62	$ 0.568 Millions	$ 0.032 Millions
Ainos Inc	17.57	$ 1.758 Millions	$ 0.100 Millions

Date modified: 2026-08-29T17:31:38+00:00

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