Magellan Health Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2021 to a ratio of 5.2, 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 third quarter 2021. Average collection period, for Magellan Health Inc 's accounts receivable remained unchanged at 70 days, in the Sep 30 2021 quarter.

If we take a look into Healthcare sector 34 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio remained unchanged relative to the previous period at no. 620.

What is Receivable Turnover Ratio?
What is Magellan Health Inc Selling?

What is Receivable Turnover Ratio?

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MGLN Receivables Turnover Ratio	(Sep 30 2021) III. Quarter	(Jun 30 2021) II. Quarter	(Mar 31 2021) I. Quarter	(Dec 31 2020) IV. Quarter	(Sep 30 2020) III. Quarter
Y / Y Receivable Change	7.54 %	9.82 %	-14.1 %	-16.47 %	-5.36 %
Y / Y Revenue Change	7.18 %	10.97 %	-35.26 %	-71.54 %	-36.02 %
Receivable Turnover Ratio (TTM)	5.2	5.19	5.16	5.74	7.03
MGLN's Total Ranking	# 620	# 620	# 2630	# 2574	# 620
Accounts Receivable average collection period days	70	70	71	64	52
Seq. Receivable Change	0.02 %	4.22 %	6.73 %	-3.34 %	2.14 %
Seq. Revenue Change	2.73 %	5.09 %	126.43 %	-56.16 %	6.37 %

Receivable Turnover Company Ranking
Within:	No.
Healthcare Facilities Industry	# 5
Healthcare Sector	# 35
Overall Market	# 620

Receivable Turnover Ratio Statistics
High	Average	Low
2.39	2.06	1.18
(Dec 31 2018)		(Mar 31 2021)

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

Financial Statements
Magellan Health Inc 's Accounts Receivable	$ 827 Millions	Visit MGLN's Balance sheet
Magellan Health Inc 's Sales TTM	$ 4,150 Millions	Visit MGLN's Income Statement
Sources of MGLN's Revenues		Visit MGLN'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
MGLN'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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MGLN's Profitability Ratios	MGLN's Roi	MGLN's Asset Turnover Ratio	MGLN's Dividend Growth
MGLN's Valuation Ratios	MGLN's Roe	MGLN's Financial Strength Ratios	MGLN's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2021, within Healthcare Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2021	Receivable at quarter ending Sep 30 2021
Corcept Therapeutics Inc	13.77	$ 352.891 Millions	$ 25.632 Millions
Wellness Center Usa Inc	13.61	$ 0.240 Millions	$ 0.018 Millions
Protalix Biotherapeutics inc	13.61	$ 49.296 Millions	$ 3.623 Millions
Bellicum Pharmaceuticals Inc	13.55	$ 6.224 Millions	$ 0.459 Millions
Endonovo Therapeutics Inc	13.55	$ 0.084 Millions	$ 0.006 Millions
Aquestive Therapeutics Inc	13.45	$ 46.903 Millions	$ 3.486 Millions
Semler Scientific inc	13.45	$ 53.558 Millions	$ 3.983 Millions
Editas Medicine Inc	13.42	$ 24.494 Millions	$ 1.826 Millions
Chimerix Inc	13.41	$ 3.053 Millions	$ 0.228 Millions
Precipio inc	13.30	$ 8.355 Millions	$ 0.628 Millions
International Stem Cell Corporation	13.25	$ 6.808 Millions	$ 0.514 Millions
Timber Pharmaceuticals Inc	13.01	$ 0.826 Millions	$ 0.063 Millions
Dariohealth Corp	12.82	$ 13.241 Millions	$ 1.033 Millions
Sangui Biotech International Inc	12.61	$ 0.064 Millions	$ 0.005 Millions
Ainos Inc	12.34	$ 0.569 Millions	$ 0.046 Millions
Beone Medicines Ltd	12.22	$ 1,062.404 Millions	$ 86.946 Millions
Siga Technologies Inc	12.20	$ 56.043 Millions	$ 4.593 Millions
Nutriband Inc	12.17	$ 1.278 Millions	$ 0.105 Millions
Rafael Holdings Inc	11.96	$ 3.944 Millions	$ 0.330 Millions
Escalon Medical Corp	11.94	$ 10.733 Millions	$ 0.899 Millions
Integrated Biopharma Inc	11.89	$ 61.138 Millions	$ 5.142 Millions
Conformis inc	11.70	$ 101.133 Millions	$ 8.646 Millions
Viveve Medical Inc	11.51	$ 6.667 Millions	$ 0.579 Millions
Alpha Pro Tech Ltd	11.44	$ 84.461 Millions	$ 7.381 Millions
Mymetics Corporation	11.43	$ 0.701 Millions	$ 0.061 Millions
Vaso Corporation	11.36	$ 69.772 Millions	$ 6.141 Millions
Integer Holdings Corporation	11.36	$ 1,981.506 Millions	$ 174.408 Millions
Lensar Inc	11.17	$ 31.521 Millions	$ 2.821 Millions
Travere Therapeutics Inc	11.16	$ 221.224 Millions	$ 19.816 Millions
Rockwell Medical inc	11.15	$ 61.762 Millions	$ 5.540 Millions

Date modified: 2026-08-29T17:16:34+00:00

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