Ani Pharmaceuticals Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2025 to a ratio of
3.35, above the company average. This is a clear sign of healthy business climate in the Major Pharmaceutical Preparations industry and improving liquidity at their respective customers, during the first quarter 2025. Average receivable collection period, for the Ani Pharmaceuticals Inc in Mar 31 2025 quarter, has decreased to 109 days, compared to 112 days, in the Dec 31 2024 quarter.
If we take a look into
Healthcare sector 253 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to
1837, from overall ranking in the forth quarter 2024 at
3046.
What is Receivable Turnover Ratio?
What is Ani Pharmaceuticals Inc Selling?
What is Receivable Turnover Ratio?