Cardiff Lexington Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2024 to a ratio of 0.55, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Cardiff Lexington in Dec 31 2024 quarter, has decreased to 664 days, compared to 730 days, in the Sep 30 2024 quarter.

If we take a look into Healthcare sector 363 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2024 from 1665 to 2601.

What is Receivable Turnover Ratio?
What is Cardiff Lexington Corporation Selling?

What is Receivable Turnover Ratio?

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Accounts Receivables Turnover▼

CDIF Receivables Turnover Ratio	(Dec 31 2024) IV. Quarter	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter
Y / Y Receivable Change	19.76 %	24.93 %	61.65 %	96.74 %	101.45 %
Y / Y Revenue Change	50.65 %	-60.57 %	-57.75 %	-18.83 %	-19.26 %
Receivable Turnover Ratio (TTM)	0.55	0.5	0.68	0.92	1.13
CDIF's Total Ranking	# 2601	# 1665	# 2404	# 1429	# 2894
Accounts Receivable average collection period days	665	728	536	395	322
Seq. Receivable Change	7.68 %	-0.42 %	1.44 %	10.11 %	12.33 %
Seq. Revenue Change	130.2 %	-7.88 %	-36.63 %	12.1 %	-39.75 %

New: More CDIF's historic Receivables Turnover Ratios >>

Receivable Turnover Company Ranking
Within:	No.
Healthcare Facilities Industry	# 29
Healthcare Sector	# 364
Overall Market	# 2601

Receivable Turnover Ratio Statistics
High	Average	Low
68.03	18.39	0.5
(Mar 31 2021)		(Sep 30 2024)

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

Financial Statements
Cardiff Lexington's Accounts Receivable	$ 16 Millions	Visit CDIF's Balance sheet
Cardiff Lexington's Sales TTM	$ 8 Millions	Visit CDIF's Income Statement
Sources of CDIF's Revenues		Visit CDIF'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
CDIF's Receivable Turnover Ratio versus Healthcare Facilities Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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CDIF's Growth Rates	CDIF's Roa	CDIF's Inventory Turnover Ratio	CDIF's Dividend Comparisons
CDIF's Profitability Ratios	CDIF's Roi	CDIF's Asset Turnover Ratio	CDIF's Dividend Growth
CDIF's Valuation Ratios	CDIF's Roe	CDIF's Financial Strength Ratios	CDIF's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Healthcare Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2024	Receivable at quarter ending Dec 31 2024
Skinvisible Inc	0.89	$ 0.020 Millions	$ 0.023 Millions
Helius Medical Technologies inc	0.87	$ 0.520 Millions	$ 0.595 Millions
Anzu Special Acquisition Corp I	0.61	$ 0.225 Millions	$ 0.368 Millions
Cardiff Lexington Corporation	0.55	$ 8.270 Millions	$ 15.061 Millions
Rafael Holdings Inc	0.51	$ 0.600 Millions	$ 1.183 Millions
Prophase Labs Inc	0.41	$ 12.258 Millions	$ 29.937 Millions

Date modified: 2025-03-16T19:20:48+00:00

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