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Adapthealth Corp   (AHCO)
Other Ticker:  
 
    Sector  Healthcare    Industry Healthcare Facilities
   Industry Healthcare Facilities
   Sector  Healthcare
 

Adapthealth Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Adapthealth Corp 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 8.62, this represents a new company high. This is a clear indication for improving liquidity at Adapthealth Corp 's clients. Average receivable collection period, for the Adapthealth in Sep 30 2023 quarter, has decreased to 42 days, compared to 43 days, in the Jun 30 2023 quarter.

If we take a look into Healthcare sector 145 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 1192 to 1411.

What is Receivable Turnover Ratio?
What is Adapthealth Corp Selling?


What is Receivable Turnover Ratio?




AHCO Receivables Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Receivable Change 3.46 % 2.92 % -4.51 % -0.21 % 3.12 %
Y / Y Revenue Change 6.28 % 9.03 % 5.44 % 11.13 % 15.8 %
Receivable Turnover Ratio (TTM) 8.62 8.56 8.44 8.24 8.02
AHCO's Total Ranking # 1411 # 1192 # 1737 # 1553 # 1395
Average receivable collection period 42 43 43 44 46
Seq. Receivable Change 1.38 % 3.53 % -1.65 % 0.22 % 0.84 %
Seq. Revenue Change 1.35 % 6.53 % -4.57 % 3.14 % 3.97 %


Receivable Turnover Company Ranking
Within: No.
Healthcare Facilities Industry # 15
Healthcare Sector # 146
Overall Market # 1411

Receivable Turnover Ratio Statistics
High Average Low
8.62 8.01 7.6
(Sep 30 2023)   (Dec 31 2020)






Financial Statements
Adapthealth 's Accounts Receivable $ 371 Millions Visit AHCO's Balance sheet
Adapthealth 's Sales TTM $ 3,122 Millions Visit AHCO's Income Statement
Where are AHCO's Sales coming from? Visit AHCO's Sales by Geography

Other Accounts Receivable Turnover Ratios
Healthcare Facilities Industry Accounts Receivable Turnover Trends and Statistics
Healthcare Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
AHCO's Receivable Turnover Ratio versus Healthcare Facilities Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for AHCO's Competitors
Receivables Turnover Ratio for AHCO's Suppliers
Accounts Receivables Turnover Ratio for AHCO's Customers

You may also want to know
AHCO's Growth Rates AHCO's Roa AHCO's Inventory Turnover Ratio AHCO's Dividend Comparisons
AHCO's Profitability Ratios AHCO's Roi AHCO's Asset Turnover Ratio AHCO's Dividend Growth
AHCO's Valuation Ratios AHCO's Roe AHCO's Financial Strength Ratios AHCO's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Healthcare Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Qilian International Holding Group Limited  23.16 $ 45.751  Millions$ 1.976  Millions
Cv Sciences Inc   23.08 $ 15.578  Millions$ 0.675  Millions
C4 Therapeutics Inc   23.06 $ 20.349  Millions$ 0.882  Millions
Vaxart Inc   22.56 $ 4.156  Millions$ 0.184  Millions
Mymetics Corporation  21.62 $ 1.229  Millions$ 0.057  Millions
Ontrak Inc   21.60 $ 11.674  Millions$ 0.541  Millions
Pieris Pharmaceuticals Inc   21.38 $ 47.357  Millions$ 2.216  Millions
Kiniksa Pharmaceuticals ltd   20.83 $ 248.748  Millions$ 11.944  Millions
Invo Bioscience Inc   20.81 $ 1.917  Millions$ 0.092  Millions
U S Physical Therapy Inc  20.64 $ 360.180  Millions$ 17.452  Millions
Marizyme Inc   19.60 $ 0.591  Millions$ 0.030  Millions
Innovage Holding Corp   19.18 $ 699.354  Millions$ 36.470  Millions
Xoma Corporation  18.55 $ 4.411  Millions$ 0.238  Millions
Plus Therapeutics Inc   18.55 $ 3.751  Millions$ 0.202  Millions
Cano Health Inc   18.50 $ 3,101.906  Millions$ 167.675  Millions
Tivic Health Systems Inc   18.42 $ 1.331  Millions$ 0.072  Millions
Qhslab Inc   17.62 $ 1.362  Millions$ 0.077  Millions
Arvinas Inc   17.55 $ 167.200  Millions$ 9.525  Millions
Recursion Pharmaceuticals Inc   17.18 $ 47.360  Millions$ 2.756  Millions
Ocuphire Pharma Inc   15.89 $ 57.208  Millions$ 3.600  Millions
Lftd Partners Inc   15.79 $ 49.404  Millions$ 3.129  Millions
Comera Life Sciences Holdings Inc   15.42 $ 1.096  Millions$ 0.071  Millions
Chemed Corporation  15.30 $ 2,225.159  Millions$ 145.392  Millions
Patterson Companies Inc   14.56 $ 6,550.083  Millions$ 449.864  Millions
Talkspace Inc   14.24 $ 137.071  Millions$ 9.623  Millions
Owens and Minor inc  14.22 $ 10,227.886  Millions$ 719.123  Millions
Ainos Inc   14.15 $ 1.140  Millions$ 0.081  Millions
Lifeloc Technologies Inc   14.00 $ 9.250  Millions$ 0.661  Millions
Corcept Therapeutics Inc  13.76 $ 450.026  Millions$ 32.698  Millions
Protalix Biotherapeutics inc   13.48 $ 63.625  Millions$ 4.719  Millions

Date modified: 2023-11-08T14:49:08+00:00



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