CSIMarket
 


Biotricity Inc   (BTCY)
Other Ticker:  
 
 

Biotricity Inc Accounts Receivables Turnover Ratio from the third quarter 2024 to the third quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Biotricity Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2024 to a ratio of 7.06, above the company average. This is a clear sign of healthy business climate in the Medical Equipment & Supplies industry and improving liquidity at their respective customers, during the third quarter 2024. Average receivable collection period, for the Biotricity Inc in Dec 31 2023 quarter, has decreased to 52 days, compared to 58 days, in the Jun 30 2023 quarter.

If we take a look into Healthcare sector 5 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 88, from overall ranking in the first quarter 2024 at 2291.

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


What is Receivable Turnover Ratio?




BTCY Receivables Turnover Ratio (Dec 31 2023)
III. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
(Sep 30 2022)
II. Quarter
Y / Y Receivable Change -21.66 % -17.2 % -39 % -0.69 % 22.25 %
Y / Y Revenue Change 24.84 % 41.86 % 27.63 % 27.41 % 31.76 %
Receivable Turnover Ratio (TTM) 7.06 6.25 5.48 4.63 4.35
BTCY's Total Ranking # 88 # 2291 # 755 # 1288 #
Average receivable collection period 52 58 67 79 84
Seq. Receivable Change 4.02 % 23.58 % -38.03 % -1.66 % 9.95 %
Seq. Revenue Change 1.93 % 6.35 % 11.52 % 3.27 % 15.82 %


Receivable Turnover Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 2
Healthcare Sector # 6
Overall Market # 88

Receivable Turnover Ratio Statistics
High Average Low
1.79 0.93 0.5
(Dec 31 2023)   (Jun 30 2022)






Financial Statements
Biotricity Inc 's Accounts Receivable $ 2 Millions Visit BTCY's Balance sheet
Biotricity Inc 's Sales TTM $ 11 Millions Visit BTCY's Income Statement
Where are BTCY's Sales coming from? Visit BTCY'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
BTCY's Receivable Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for BTCY's Competitors
Receivables Turnover Ratio for BTCY's Suppliers
Accounts Receivables Turnover Ratio for BTCY's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Healthcare Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Kiniksa Pharmaceuticals Ltd   19.17 $ 270.259  Millions$ 14.095  Millions
Pieris Pharmaceuticals Inc   18.84 $ 42.810  Millions$ 2.273  Millions
Neptune Wellness Solutions Inc   18.45 $ 39.115  Millions$ 2.120  Millions
Valneva Se  18.11 $ 172.159  Millions$ 9.509  Millions
Affimed N v   17.87 $ 9.268  Millions$ 0.519  Millions
Ensysce Biosciences Inc   17.55 $ 3.385  Millions$ 0.193  Millions
Biofrontera Inc   17.48 $ 116.349  Millions$ 6.657  Millions
Halozyme Therapeutics Inc   17.02 $ 829.253  Millions$ 48.721  Millions
Qhslab Inc   16.93 $ 1.409  Millions$ 0.083  Millions
Recursion Pharmaceuticals Inc   15.69 $ 44.575  Millions$ 2.842  Millions
Owens and Minor inc   15.24 $ 10,333.161  Millions$ 677.813  Millions
Xortx Therapeutics inc   15.15 $ 0.919  Millions$ 0.061  Millions
Milestone Scientific Inc   15.03 $ 9.793  Millions$ 0.651  Millions
Neuroone Medical Technologies Corporation  14.87 $ 2.816  Millions$ 0.189  Millions
Chemed Corporation  14.52 $ 2,264.417  Millions$ 155.918  Millions
Icu Medical Inc  14.46 $ 2,259.126  Millions$ 156.262  Millions
Lftd Partners Inc   14.38 $ 51.611  Millions$ 3.588  Millions
Patterson Companies Inc   14.11 $ 6,565.239  Millions$ 465.318  Millions
Corcept Therapeutics Inc  13.70 $ 482.375  Millions$ 35.215  Millions
Theralink Technologies Inc   13.67 $ 0.511  Millions$ 0.037  Millions
Precipio inc   13.43 $ 15.197  Millions$ 1.132  Millions
Protalix Biotherapeutics inc   13.39 $ 65.494  Millions$ 4.890  Millions
Exact Sciences Corporation  13.25 $ 2,532.479  Millions$ 191.179  Millions
Lifeloc Technologies Inc   13.20 $ 9.330  Millions$ 0.707  Millions
Utah Medical Products Inc  12.39 $ 50.658  Millions$ 4.088  Millions
Teladoc Health Inc   12.18 $ 2,602.415  Millions$ 213.613  Millions
Caribou Biosciences Inc   12.12 $ 34.477  Millions$ 2.844  Millions
Zomedica Corp   12.01 $ 24.318  Millions$ 2.025  Millions
Siga Technologies Inc  11.78 $ 139.917  Millions$ 11.881  Millions
Thermogenesis Holdings Inc   11.73 $ 8.931  Millions$ 0.762  Millions

Date modified: 2024-02-21T12:13:39+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com