Guardion Health Sciences Inc Receivables Turnover Ratio (GHSI), from the second quarter 2024 to the second quarter 2023 current and historic results, rankings and more - CSIMarket
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Guardion Health Sciences Inc   (NASDAQ: GHSI)
 

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

Quarterly Results, Trends, Rankings, Statistics


Guardion Health Sciences Inc 's ability to collect accounts receivable sequentially worsen to 4.97, pointing to a challenging and on top of that deteriorating business climate for the Major Pharmaceutical Preparations industry. Guardion Health Sciences Inc 's Accounts Receivable average collection period in the Jun 30 2024 quarter, has increased to 73 days, from 72 days, in the Mar 31 2024 quarter.

If we take a look into Healthcare sector 311 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2024 from 2281 to 2334.

What is Receivable Turnover Ratio?
What is Guardion Health Sciences Inc Selling?


What is Receivable Turnover Ratio?





GHSI 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 -99.18 % 8.04 % 18.19 % -5.75 % -22.34 %
Y / Y Revenue Change -96.76 % -6.69 % 7.68 % 17.82 % -6.26 %
Receivable Turnover Ratio (TTM) 4.97 5.1 5.29 5.43 5.15
GHSI's Total Ranking # 2334 # 2281 # 1793 # 1756 # 984
Accounts Receivable average collection period days 73 72 69 67 71
Seq. Receivable Change -99.39 % -7.52 % 28.79 % 13.56 % -20.12 %
Seq. Revenue Change -96.65 % -25.78 % 19.33 % 9.38 % -3.68 %


Receivable Turnover Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 94
Healthcare Sector # 312
Overall Market # 2334

Receivable Turnover Ratio Statistics
High Average Low
76.08 20.37 3.85
(Dec 31 2020)   (Jun 30 2021)






Financial Statements
Guardion Health Sciences Inc 's Accounts Receivable $ 0 Millions Visit GHSI's Balance sheet
Guardion Health Sciences Inc 's Sales TTM $ 8 Millions Visit GHSI's Income Statement
Sources of GHSI's Revenues Visit GHSI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Major Pharmaceutical Preparations Industry Accounts Receivable Turnover Trends and Statistics
Healthcare Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
GHSI's Receivable Turnover Ratio versus Major Pharmaceutical Preparations Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
GHSI's Growth Rates GHSI's Roa GHSI's Inventory Turnover Ratio GHSI's Dividend Comparisons
GHSI's Profitability Ratios GHSI's Roi GHSI's Asset Turnover Ratio GHSI's Dividend Growth
GHSI's Valuation Ratios GHSI's Roe GHSI's Financial Strength Ratios GHSI'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
Provectus Biopharmaceuticals Inc   1,195.64 $ 0.684  Millions$ 0.001  Millions
Bicycle Therapeutics Plc  679.38 $ 39.574  Millions$ 0.058  Millions
Warby Parker Inc   589.39 $ 718.462  Millions$ 1.219  Millions
Iqvia Holdings Inc   386.11 $ 15,155.000  Millions$ 39.250  Millions
Keros Therapeutics Inc   281.07 $ 26.210  Millions$ 0.093  Millions
Bausch Health Companies Inc   272.65 $ 9,202.000  Millions$ 33.750  Millions
Plus Therapeutics Inc   242.15 $ 5.509  Millions$ 0.023  Millions
Electromedical Technologies Inc   224.48 $ 1.203  Millions$ 0.005  Millions
Waters Corporation  182.79 $ 2,876.534  Millions$ 15.737  Millions
Molecular Templates Inc   165.56 $ 60.307  Millions$ 0.364  Millions
Immunome Inc   149.26 $ 10.784  Millions$ 0.072  Millions
Logicmark Inc  131.04 $ 9.740  Millions$ 0.074  Millions
Earth Science Tech Inc   129.16 $ 19.889  Millions$ 0.154  Millions
Stoke Therapeutics Inc   127.36 $ 15.156  Millions$ 0.119  Millions
Nurix Therapeutics Inc   124.61 $ 62.303  Millions$ 0.500  Millions

Date modified: 2026-09-08T15:22:13+00:00



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