Cano Health Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2024 to a ratio of 36.41, above the company average. This is a clear sign of healthy business climate in the Healthcare Facilities industry and improving liquidity at their respective customers, during the first quarter 2024. Average receivable collection period, for the Cano Health Inc in Mar 31 2024 quarter, has decreased to 10 days, compared to 15 days, in the Dec 31 2023 quarter.

If we take a look into Healthcare sector 5 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 91 to 112.

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

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

CANO Receivables Turnover Ratio	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter
Y / Y Receivable Change	-77.62 %	-67.58 %	-56.69 %	-46.68 %	26.34 %
Y / Y Revenue Change	-21.05 %	5.27 %	18.5 %	11.22 %	23.08 %
Receivable Turnover Ratio (TTM)	36.41	24.48	18.5	15.17	13.2
CANO's Total Ranking	# 112	# 91	# 256	# 742	# 783
Accounts Receivable average collection period days	10	15	20	24	28
Seq. Receivable Change	-28.47 %	-13.37 %	-18.35 %	-55.76 %	3.6 %
Seq. Revenue Change	-4.41 %	-9.14 %	2.78 %	-11.55 %	27.45 %

Receivable Turnover Company Ranking
Within:	No.
Healthcare Facilities Industry	# 1
Healthcare Sector	# 6
Overall Market	# 112

Receivable Turnover Ratio Statistics
High	Average	Low
2.37	1.32	0.35
(Mar 31 2024)		(Mar 31 2022)

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

Financial Statements
Cano Health Inc 's Accounts Receivable	$ 54 Millions	Visit CANO's Balance sheet
Cano Health Inc 's Sales TTM	$ 2,955 Millions	Visit CANO's Income Statement
Sources of CANO's Revenues		Visit CANO'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
CANO's Receivable Turnover Ratio versus Healthcare Facilities Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Healthcare Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2024	Receivable at quarter ending Mar 31 2024
Logicmark Inc	128.97	$ 9.731 Millions	$ 0.075 Millions
Fonar Corporation	124.17	$ 102.718 Millions	$ 0.827 Millions
Scynexis Inc	122.34	$ 140.384 Millions	$ 1.148 Millions
Electromedical Technologies Inc	117.55	$ 1.260 Millions	$ 0.011 Millions
Orthofix Medical Inc	102.50	$ 759.311 Millions	$ 7.408 Millions
Stoke Therapeutics Inc	102.20	$ 7.844 Millions	$ 0.077 Millions
Lifevantage Corp	92.45	$ 204.649 Millions	$ 2.214 Millions
Aclaris Therapeutics Inc	85.96	$ 31.119 Millions	$ 0.362 Millions
Airsculpt Technologies Inc	85.94	$ 197.724 Millions	$ 2.301 Millions
Lipocine Inc	84.79	$ 4.613 Millions	$ 0.054 Millions
Zeo Scientifix Inc	84.50	$ 4.928 Millions	$ 0.058 Millions
Takeda Pharmaceutical Company Limited	83.25	$ 29,166.692 Millions	$ 350.335 Millions
Agape Atp Corporation	82.24	$ 1.369 Millions	$ 0.017 Millions
Lucid Diagnostics Inc	79.55	$ 2.983 Millions	$ 0.038 Millions
Longduoduo Co Ltd	77.88	$ 8.777 Millions	$ 0.113 Millions
Pavmed Inc	67.75	$ 3.472 Millions	$ 0.051 Millions
Ontrak Inc	65.04	$ 11.951 Millions	$ 0.184 Millions
Brookdale Senior Living Inc	62.86	$ 3,045.397 Millions	$ 48.446 Millions
Vbi Vaccines Inc	57.12	$ 9.411 Millions	$ 0.165 Millions
Janux Therapeutics Inc	56.16	$ 7.287 Millions	$ 0.130 Millions
Nature s Sunshine Products inc	44.22	$ 447.471 Millions	$ 10.120 Millions
Nektar Therapeutics	43.14	$ 90.167 Millions	$ 2.090 Millions
Renalytix Plc	43.00	$ 5.106 Millions	$ 0.119 Millions
Dih Holding Us Inc	40.01	$ 108.887 Millions	$ 2.721 Millions
Marpai Inc	39.39	$ 34.672 Millions	$ 0.880 Millions
Vivos Therapeutics Inc	38.54	$ 12.351 Millions	$ 0.321 Millions
Spero Therapeutics Inc	38.14	$ 110.979 Millions	$ 2.910 Millions
Cano Health Inc	36.41	$ 2,955.274 Millions	$ 81.171 Millions
Electrocore Inc	35.44	$ 17.889 Millions	$ 0.505 Millions
Lifemd Inc	34.57	$ 161.635 Millions	$ 4.675 Millions

Date modified: 2026-08-29T17:45:08+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

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

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.