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Lifeloc Technologies Inc   (LCTC)
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Lifeloc Technologies Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Lifeloc Technologies Inc 's ability to collect accounts receivable sequentially worsen to 12.26, indicating more challenging environment then in the forth quarter 2023, but still, it is a far cry from any concerns. Lifeloc Technologies Inc 's Average receivable collection period in the Mar 31 2024 quarter, has increased to 30 days, from 28 days, in the Dec 31 2023 quarter.

If we take a look into Healthcare sector 93 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 681 to 916.

What is Receivable Turnover Ratio?
What is Lifeloc Technologies Inc Selling?


What is Receivable Turnover Ratio?




LCTC 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 39.18 % 29.34 % 7.74 % 3.67 % -31.91 %
Y / Y Revenue Change -0.51 % 3.78 % 32.66 % 4.6 % 0.18 %
Receivable Turnover Ratio (TTM) 12.26 13.2 14 13.25 13.23
LCTC's Total Ranking # 916 # 681 # 821 # 803 # 796
Average receivable collection period 30 28 26 28 28
Seq. Receivable Change -6.8 % 14.5 % -7 % 40.24 % -13.39 %
Seq. Revenue Change -1.63 % -18.78 % 18.21 % 5.35 % 2.61 %


Receivable Turnover Company Ranking
Within: No.
Laboratory Analytical Instruments Industry # 2
Healthcare Sector # 94
Overall Market # 916

Receivable Turnover Ratio Statistics
High Average Low
14 11.32 7.92
(Sep 30 2023)   (Mar 31 2021)






Financial Statements
Lifeloc Technologies Inc 's Accounts Receivable $ 1 Millions Visit LCTC's Balance sheet
Lifeloc Technologies Inc 's Sales TTM $ 9 Millions Visit LCTC's Income Statement
Sources of LCTC's Revenues Visit LCTC's Sales by Geography

Other Accounts Receivable Turnover Ratios
Laboratory Analytical Instruments Industry Accounts Receivable Turnover Trends and Statistics
Healthcare Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
LCTC's Receivable Turnover Ratio versus Laboratory Analytical Instruments Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
LCTC's Growth Rates LCTC's Roa LCTC's Inventory Turnover Ratio LCTC's Dividend Comparisons
LCTC's Profitability Ratios LCTC's Roi LCTC's Asset Turnover Ratio LCTC's Dividend Growth
LCTC's Valuation Ratios LCTC's Roe LCTC's Financial Strength Ratios LCTC'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
Agape Atp Corporation  33.47 $ 0.319  Millions$ 0.010  Millions
Naya Biosciences Inc  33.38 $ 4.249  Millions$ 0.127  Millions
Prothena Corporation Public Limited Company  32.93 $ 89.251  Millions$ 2.711  Millions
23andme Holding Co  32.38 $ 219.377  Millions$ 6.776  Millions
Sonida Senior Living Inc   30.60 $ 260.687  Millions$ 8.518  Millions
Plus Therapeutics Inc   30.08 $ 6.084  Millions$ 0.202  Millions
Cv Sciences Inc   26.71 $ 14.790  Millions$ 0.554  Millions
National Vision Holdings Inc   26.61 $ 2,106.622  Millions$ 79.168  Millions
Ainos Inc   26.44 $ 0.094  Millions$ 0.004  Millions
U S Physical Therapy Inc  26.06 $ 488.024  Millions$ 18.728  Millions
Clearside Biomedical Inc   25.87 $ 8.452  Millions$ 0.327  Millions
Inmed Pharmaceuticals Inc  25.66 $ 6.218  Millions$ 0.242  Millions
Neuraxis Inc   23.30 $ 3.107  Millions$ 0.133  Millions
Cytomx Therapeutics Inc   22.78 $ 119.178  Millions$ 5.233  Millions
Agenus Inc  22.51 $ 161.417  Millions$ 7.171  Millions
Kymera Therapeutics Inc   21.18 $ 79.413  Millions$ 3.750  Millions
Orchestra Biomed Holdings Inc   20.96 $ 2.216  Millions$ 0.106  Millions
China Pharma Holdings Inc   19.74 $ 6.231  Millions$ 0.316  Millions
Zivo Bioscience Inc   19.47 $ 0.063  Millions$ 0.003  Millions
Innovage Holding Corp   19.44 $ 741.328  Millions$ 38.140  Millions
Lineage Cell Therapeutics Inc   18.86 $ 8.003  Millions$ 0.424  Millions
Sab Biotherapeutics Inc   18.68 $ 2.602  Millions$ 0.139  Millions
Kiniksa Pharmaceuticals International plc  18.58 $ 301.772  Millions$ 16.238  Millions
Hookipa Pharma inc   18.38 $ 53.552  Millions$ 2.913  Millions
Editas Medicine Inc   18.34 $ 69.407  Millions$ 3.785  Millions
Iovance Biotherapeutics Inc   18.22 $ 1.904  Millions$ 0.105  Millions
Bespoke Extracts Inc  17.59 $ 0.782  Millions$ 0.044  Millions
Talkspace Inc   17.10 $ 160.775  Millions$ 9.400  Millions
Pulmatrix Inc   16.95 $ 11.684  Millions$ 0.689  Millions
Amneal Pharmaceuticals Inc   16.18 $ 2,495.439  Millions$ 154.251  Millions

Date modified: 2024-09-02T11:06:20+00:00



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