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Inspire Medical Systems inc   (INSP)
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Inspire Medical Systems Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Inspire Medical Systems Inc 's ability to collect accounts receivable sequentially worsen to 8.77, indicating more challenging environment then in the third quarter 2023, but still, it is a far cry from any concerns. Inspire Medical Systems Inc 's Average receivable collection period in the Dec 31 2023 quarter, has increased to 42 days, from 41 days, in the Sep 30 2023 quarter.

If we take a look into Healthcare sector 41 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 547, from overall ranking in the third quarter 2023 at 999.

What is Receivable Turnover Ratio?
What is Inspire Medical Systems Inc Selling?


What is Receivable Turnover Ratio?




INSP Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change 46.8 % 47.35 % 57.26 % 73.01 % 79.14 %
Y / Y Revenue Change 39.46 % 40.05 % 65.33 % 84.34 % 75.9 %
Receivable Turnover Ratio (TTM) 8.77 8.9 9.03 8.89 8.84
INSP's Total Ranking # 547 # 999 # 237 # 1390 # 510
Average receivable collection period 42 41 40 41 41
Seq. Receivable Change 25.78 % 12.54 % 6.25 % -2.39 % 26.25 %
Seq. Revenue Change 25.76 % 1.21 % 18.14 % -7.25 % 26.3 %


Receivable Turnover Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 20
Healthcare Sector # 42
Overall Market # 547

Receivable Turnover Ratio Statistics
High Average Low
1.04 0.69 0.35
(Jun 30 2022)   (Mar 31 2019)






Financial Statements
Inspire Medical Systems Inc 's Accounts Receivable $ 90 Millions Visit INSP's Balance sheet
Inspire Medical Systems Inc 's Sales TTM $ 624 Millions Visit INSP's Income Statement
Where are INSP's Sales coming from? Visit INSP's Sales by Geography

Other Accounts Receivable Turnover Ratios
Medical Equipment & Supplies Industry Accounts Receivable Turnover Trends and Statistics
Healthcare Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
INSP's Receivable Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for INSP's Competitors
Receivables Turnover Ratio for INSP's Suppliers
Accounts Receivables Turnover Ratio for INSP's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Healthcare Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Neptune Wellness Solutions Inc   18.45 $ 39.115  Millions$ 2.120  Millions
Valneva Se  18.11 $ 172.159  Millions$ 9.509  Millions
Ensysce Biosciences Inc   17.55 $ 3.385  Millions$ 0.193  Millions
Biofrontera Inc   17.48 $ 116.349  Millions$ 6.657  Millions
Halozyme Therapeutics Inc   17.02 $ 829.253  Millions$ 48.721  Millions
Recursion Pharmaceuticals Inc   15.69 $ 44.575  Millions$ 2.842  Millions
Owens and Minor inc  15.24 $ 10,333.161  Millions$ 677.813  Millions
Neuroone Medical Technologies Corporation  14.87 $ 2.816  Millions$ 0.189  Millions
Chemed Corporation  14.52 $ 2,264.417  Millions$ 155.918  Millions
Icu Medical Inc  14.46 $ 2,259.126  Millions$ 156.262  Millions
Patterson Companies Inc   14.11 $ 6,565.239  Millions$ 465.318  Millions
Corcept Therapeutics Inc  13.70 $ 482.375  Millions$ 35.215  Millions
Theralink Technologies Inc   13.67 $ 0.511  Millions$ 0.037  Millions
Protalix Biotherapeutics inc   13.39 $ 65.494  Millions$ 4.890  Millions
Exact Sciences Corporation  13.25 $ 2,532.479  Millions$ 191.179  Millions
Utah Medical Products Inc  12.39 $ 50.658  Millions$ 4.088  Millions
Teladoc Health Inc   12.18 $ 2,602.415  Millions$ 213.613  Millions
Caribou Biosciences Inc   12.12 $ 34.477  Millions$ 2.844  Millions
Siga Technologies Inc  11.78 $ 139.917  Millions$ 11.881  Millions
Integrated Biopharma Inc  11.42 $ 48.833  Millions$ 4.275  Millions
Option Care Health Inc   11.09 $ 4,302.223  Millions$ 388.081  Millions
National Research Corporation  11.05 $ 148.580  Millions$ 13.445  Millions
National Healthcare Corp  10.98 $ 1,141.544  Millions$ 104.011  Millions
Revance Therapeutics Inc   10.95 $ 234.040  Millions$ 21.377  Millions
Biontech Se  10.68 $ 4,277.280  Millions$ 400.624  Millions
Arrowhead Pharmaceuticals Inc   10.29 $ 181.740  Millions$ 17.670  Millions
Viemed Healthcare Inc   10.22 $ 183.008  Millions$ 17.905  Millions
Sophia Genetics Sa  10.15 $ 61.913  Millions$ 6.100  Millions
Lumos Pharma Inc   10.07 $ 2.051  Millions$ 0.204  Millions
Semler Scientific Inc   9.93 $ 68.184  Millions$ 6.867  Millions

Date modified: 2024-02-10T11:33:27+00:00



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