CSIMarket
 


Cardinal Health Inc   (CAH)
Other Ticker:  
 
 

Cardinal Health Inc Accounts Receivables Turnover Ratio from the second quarter 2024 to the second quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Cardinal Health Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 19.05, above the company average. This is a clear sign of healthy business climate in the Pharmacy Services & Retail Drugstore industry and improving liquidity at their respective customers, during the second quarter 2024. Average receivable collection period, for the Cardinal Health Inc in Dec 31 2023 quarter, has decreased to 19 days, compared to 20 days, in the Sep 30 2023 quarter.

If we take a look into Retail sector 3 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 12, from overall ranking in the first quarter 2024 at 24.

What is Receivable Turnover Ratio?
What is Cardinal Health Inc Selling?


What is Receivable Turnover Ratio?




CAH Receivables Turnover Ratio (Dec 31 2023)
II. Quarter
(Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
II. Quarter
Y / Y Receivable Change 3.21 % 2.05 % 7.41 % 7.24 % 21.42 %
Y / Y Revenue Change 11.61 % 10.4 % 13.48 % 12.6 % 13.23 %
Receivable Turnover Ratio (TTM) 19.05 18.67 18.31 18.05 17.84
CAH's Total Ranking # 12 # 24 # 653 # 653 # 16
Average receivable collection period 19 20 20 20 20
Seq. Receivable Change 4.64 % -0.7 % 3.2 % -3.76 % 3.46 %
Seq. Revenue Change 4.9 % 2.45 % 5.87 % -1.91 % 3.76 %


Receivable Turnover Company Ranking
Within: No.
Pharmacy Services & Retail Drugstore Industry # 2
Retail Sector # 4
Overall Market # 12

Receivable Turnover Ratio Statistics
High Average Low
4.88 3.92 3.24
(Dec 31 2023)   (Mar 31 2018)






Financial Statements
Cardinal Health Inc 's Accounts Receivable $ 11,788 Millions Visit CAH's Balance sheet
Cardinal Health Inc 's Sales TTM $ 216,148 Millions Visit CAH's Income Statement
Where are CAH's Sales coming from? Visit CAH's Sales by Geography

Other Accounts Receivable Turnover Ratios
Pharmacy Services & Retail Drugstore Industry Accounts Receivable Turnover Trends and Statistics
Retail Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CAH's Receivable Turnover Ratio versus Pharmacy Services & Retail Drugstore Industry, Retail Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for CAH's Competitors
Receivables Turnover Ratio for CAH's Suppliers
Accounts Receivables Turnover Ratio for CAH's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Retail Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Nordstrom Inc   49.76 $ 14,693.000  Millions$ 295.250  Millions
Winmark Corporation  48.20 $ 83.244  Millions$ 1.727  Millions
1 800 Flowers Com Inc  47.04 $ 1,740.698  Millions$ 37.007  Millions
Victorias Secret and Co   44.39 $ 6,182.000  Millions$ 139.250  Millions
Bath and Body Works Inc   41.33 $ 7,429.000  Millions$ 179.750  Millions
Home Depot Inc   39.89 $ 152,669.000  Millions$ 3,827.250  Millions
Amcon Distributing Co  36.30 $ 2,618.156  Millions$ 72.120  Millions
Autozone Inc  35.58 $ 17,830.563  Millions$ 501.105  Millions
Carvana Co   34.17 $ 10,771.000  Millions$ 315.250  Millions
Pool Corporation  33.93 $ 5,541.595  Millions$ 163.307  Millions
Eplus Inc   33.60 $ 2,163.018  Millions$ 64.366  Millions
Sonic Automotive Inc   33.13 $ 14,371.700  Millions$ 433.750  Millions
Lithia Motors Inc   32.25 $ 31,041.900  Millions$ 962.525  Millions
Rush Enterprises Inc   32.04 $ 7,925.024  Millions$ 247.347  Millions
Designer Brands Inc   31.69 $ 3,074.976  Millions$ 97.027  Millions
Cencora Inc   31.36 $ 334,268.602  Millions$ 10,659.504  Millions
United Natural Foods inc   31.21 $ 30,251.000  Millions$ 969.250  Millions
Autonation Inc   30.78 $ 26,948.900  Millions$ 875.675  Millions
O Reilly Automotive Inc  30.70 $ 15,811.803  Millions$ 515.012  Millions
Penske Automotive Group Inc   30.41 $ 29,526.800  Millions$ 971.050  Millions
Nu Skin Enterprises Inc   28.39 $ 1,968.281  Millions$ 69.326  Millions
Growgeneration Corp   28.04 $ 225.258  Millions$ 8.033  Millions
Hf Foods Group Inc   25.52 $ 1,148.031  Millions$ 44.992  Millions
Charles and Colvard Ltd   24.85 $ 25.065  Millions$ 1.009  Millions
Firstcash Holdings Inc   24.63 $ 3,151.796  Millions$ 127.945  Millions
The Cato Corporation  24.42 $ 708.059  Millions$ 28.993  Millions
Onewater Marine Inc   23.01 $ 1,933.664  Millions$ 84.018  Millions
Schnitzer Steel Industries Inc   21.82 $ 4,751.551  Millions$ 217.730  Millions
Us Foods Holding Corp   19.13 $ 35,597.000  Millions$ 1,860.750  Millions
Cardinal Health Inc   19.05 $ 216,148.000  Millions$ 11,347.250  Millions

Date modified: 2024-02-01T20:25:22+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