Luminex Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2021 to a ratio of 9.31, above the company average. This is a clear sign of healthy business climate in the Medical Equipment & Supplies industry and improving liquidity at their respective customers, during the first quarter 2021. Average receivable collection period, for the Luminex in Mar 31 2021 quarter, has decreased to 39 days, compared to 55 days, in the Dec 31 2020 quarter.

If we take a look into Healthcare sector 118 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2021 from 1138 to 1192.

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What is Luminex Corporation Selling?

What is Receivable Turnover Ratio?

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LMNX Receivables Turnover Ratio	(Mar 31 2021) I. Quarter	(Dec 31 2020) IV. Quarter	(Sep 30 2020) III. Quarter	(Jun 30 2020) II. Quarter	(Mar 31 2020) I. Quarter
Y / Y Receivable Change	-	19.97 %	31.97 %	2.33 %	1.97 %
Y / Y Revenue Change	22.41 %	23.08 %	34.81 %	31.86 %	9.73 %
Receivable Turnover Ratio (TTM)	9.31	6.63	6.59	6.53	6.1
LMNX's Total Ranking	# 1192	# 1138	# 1159	#	#
Accounts Receivable average collection period days	39	55	55	56	60
Seq. Receivable Change	-	10.77 %	-0.36 %	-5.03 %	14.47 %
Seq. Revenue Change	-0.63 %	5.03 %	-3.16 %	21.12 %	-0.09 %

Receivable Turnover Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 23
Healthcare Sector	# 119
Overall Market	# 1192

Receivable Turnover Ratio Statistics
High	Average	Low
9.96	7.97	5.87
(Mar 31 2021)		(Jun 30 2019)

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

Financial Statements
Luminex's Accounts Receivable	$ 0 Millions	Visit LMNX's Balance sheet
Luminex's Sales TTM	$ 438 Millions	Visit LMNX's Income Statement
Sources of LMNX's Revenues		Visit LMNX'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
LMNX's Receivable Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2021, within Healthcare Sector

Receivable Turnover Ratio

Revenues for 12 Months ending Mar 31 2021

Receivable at quarter ending Mar 31 2021

Date modified: 2026-08-29T17:28:10+00:00

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