Caremax Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 4.77, 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 second quarter 2024. Average receivable collection period, for the Caremax Inc in Jun 30 2024 quarter, has decreased to 77 days, compared to 83 days, in the Mar 31 2024 quarter.

If we take a look into Healthcare sector 100 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1046, from overall ranking in the first quarter 2024 at 2690.

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What is Caremax Inc Selling?

What is Receivable Turnover Ratio?

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CMAX Receivables Turnover Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Receivable Change	-39 %	-30.3 %	-24.02 %	62.74 %	120.03 %
Y / Y Revenue Change	-11.5 %	-	-7.57 %	28.02 %	30.28 %
Receivable Turnover Ratio (TTM)	4.77	4.4	5.24	5.01	5.18
CMAX's Total Ranking	# 1046	# 2690	# 1601	# 2203	#
Accounts Receivable average collection period days	77	83	70	73	70
Seq. Receivable Change	-12.03 %	-3.43 %	-17.78 %	-12.66 %	0.52 %
Seq. Revenue Change	-	-	-24.78 %	-10.07 %	29.75 %

Receivable Turnover Company Ranking
Within:	No.
Healthcare Facilities Industry	# 19
Healthcare Sector	# 101
Overall Market	# 1046

Receivable Turnover Ratio Statistics
High	Average	Low
0.95	0.8	0.68
(Jun 30 2024)		(Sep 30 2023)

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

Financial Statements
Caremax Inc 's Accounts Receivable	$ 97 Millions	Visit CMAX's Balance sheet
Caremax Inc 's Sales TTM	$ 552 Millions	Visit CMAX's Income Statement
Sources of CMAX's Revenues		Visit CMAX'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
CMAX'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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CMAX's Profitability Ratios	CMAX's Roi	CMAX's Asset Turnover Ratio	CMAX's Dividend Growth
CMAX's Valuation Ratios	CMAX's Roe	CMAX's Financial Strength Ratios	CMAX's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Healthcare Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Scorpius Holdings inc	15.48	$ 9.845 Millions	$ 0.636 Millions
Qhslab Inc	15.46	$ 1.613 Millions	$ 0.104 Millions
Pulmatrix Inc	15.32	$ 11.392 Millions	$ 0.744 Millions
Nutriband Inc	15.31	$ 1.804 Millions	$ 0.118 Millions
Nexalin Technology Inc	15.30	$ 0.150 Millions	$ 0.010 Millions
Wave Life Sciences Ltd	15.05	$ 110.500 Millions	$ 7.344 Millions
Icu Medical Inc	14.86	$ 2,304.822 Millions	$ 155.079 Millions
Fortress Biotech Inc	14.83	$ 82.624 Millions	$ 5.571 Millions
Precipio inc	13.94	$ 16.720 Millions	$ 1.199 Millions
Onemednet Corporation	13.93	$ 1.672 Millions	$ 0.120 Millions
Greenbrook Tms Inc	13.58	$ 116.485 Millions	$ 8.576 Millions
Capforce Inc	13.33	$ 1.965 Millions	$ 0.147 Millions
Patterson Companies Inc	13.30	$ 6,533.796 Millions	$ 491.147 Millions
Chemed Corporation	13.12	$ 2,335.557 Millions	$ 177.959 Millions
Biofrontera Inc	13.12	$ 52.984 Millions	$ 4.038 Millions
Utah Medical Products Inc	13.02	$ 46.004 Millions	$ 3.534 Millions
Amylyx Pharmaceuticals Inc	12.73	$ 298.762 Millions	$ 23.461 Millions
Caribou Biosciences Inc	12.62	$ 33.113 Millions	$ 2.625 Millions
Traws Pharma inc	12.56	$ 0.226 Millions	$ 0.018 Millions
International Stem Cell Corporation	12.51	$ 8.322 Millions	$ 0.665 Millions
Ethema Health Corporation	12.47	$ 5.269 Millions	$ 0.422 Millions
Mannkind Corporation	12.42	$ 248.374 Millions	$ 19.995 Millions
Siga Technologies Inc	12.30	$ 172.957 Millions	$ 14.066 Millions
Teladoc Health Inc	12.19	$ 2,609.340 Millions	$ 214.001 Millions
Lifeloc Technologies Inc	12.12	$ 9.425 Millions	$ 0.777 Millions
Nrc Health	11.98	$ 146.280 Millions	$ 12.212 Millions
Corcept Therapeutics Inc	11.92	$ 569.610 Millions	$ 47.776 Millions
American Oncology Network Inc	11.83	$ 2,077.506 Millions	$ 175.641 Millions
Petvivo Holdings Inc	11.71	$ 0.975 Millions	$ 0.083 Millions
Exact Sciences Corporation	11.60	$ 2,632.090 Millions	$ 226.869 Millions

Date modified: 2026-08-30T06:15:44+00:00

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