Silk Road Medical Inc 's ability to collect accounts receivable sequentially worsen to 7.68, indicating more challenging environment then in the first quarter 2024, but still, it is a far cry from any concerns. Silk Road Medical Inc 's Accounts Receivable average collection period in the Jun 30 2024 quarter, has increased to 48 days, from 47 days, in the Mar 31 2024 quarter.

If we take a look into Healthcare sector 169 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2024 from 1291 to 1474.

What is Receivable Turnover Ratio?
What is Silk Road Medical Inc Selling?

What is Receivable Turnover Ratio?

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SILK 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	21.96 %	36.31 %	30.91 %	27.97 %	36.42 %
Y / Y Revenue Change	11.51 %	18.36 %	17.98 %	18.76 %	36.54 %
Receivable Turnover Ratio (TTM)	7.68	7.84	8.16	8.36	8.52
SILK's Total Ranking	# 1474	# 1291	# 751	# 1396	# 1502
Accounts Receivable average collection period days	48	47	45	44	43
Seq. Receivable Change	-3.5 %	15.4 %	8.24 %	1.18 %	7.86 %
Seq. Revenue Change	6.33 %	0.48 %	6.51 %	-2.01 %	12.87 %

Receivable Turnover Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 74
Healthcare Sector	# 170
Overall Market	# 1474

Receivable Turnover Ratio Statistics
High	Average	Low
0.81	0.62	0.46
(Sep 30 2022)		(Mar 31 2021)

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

Financial Statements
Silk Road Medical Inc 's Accounts Receivable	$ 26 Millions	Visit SILK's Balance sheet
Silk Road Medical Inc 's Sales TTM	$ 190 Millions	Visit SILK's Income Statement
Sources of SILK's Revenues		Visit SILK'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
SILK'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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SILK's Growth Rates	SILK's Roa	SILK's Inventory Turnover Ratio	SILK's Dividend Comparisons
SILK's Profitability Ratios	SILK's Roi	SILK's Asset Turnover Ratio	SILK's Dividend Growth
SILK's Valuation Ratios	SILK's Roe	SILK's Financial Strength Ratios	SILK'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
Dih Holding Us Inc	19.47	$ 112.297 Millions	$ 5.769 Millions
Inmed Pharmaceuticals Inc	18.51	$ 5.331 Millions	$ 0.288 Millions
Arcellx Inc	18.39	$ 144.745 Millions	$ 7.870 Millions
Innovative Eyewear Inc	18.25	$ 1.530 Millions	$ 0.084 Millions
Hookipa Pharma inc	18.18	$ 52.163 Millions	$ 2.870 Millions
Ginkgo Bioworks Holdings Inc	17.78	$ 184.335 Millions	$ 10.367 Millions
Recursion Pharmaceuticals Inc	17.44	$ 49.635 Millions	$ 2.846 Millions
Co diagnostics Inc	17.27	$ 9.137 Millions	$ 0.529 Millions
Medinotec Inc	17.25	$ 6.931 Millions	$ 0.402 Millions
Milestone Scientific Inc	17.23	$ 8.408 Millions	$ 0.488 Millions
Scynexis Inc	17.22	$ 9.666 Millions	$ 0.561 Millions
Innovage Holding Corp	17.03	$ 763.855 Millions	$ 44.846 Millions
Talkspace Inc	16.80	$ 171.081 Millions	$ 10.184 Millions
Lineage Cell Therapeutics Inc	16.62	$ 6.186 Millions	$ 0.372 Millions
Jrsis Health Care Corp	16.36	$ 4.516 Millions	$ 0.276 Millions
Neuroone Medical Technologies Corp	16.24	$ 3.922 Millions	$ 0.242 Millions
Stablecoin Development Corporation	15.69	$ 11.596 Millions	$ 0.739 Millions
Scorpius Holdings inc	15.48	$ 9.845 Millions	$ 0.636 Millions
Qhslab Inc	15.46	$ 1.613 Millions	$ 0.104 Millions
Pulmatrix Inc	15.32	$ 11.392 Millions	$ 0.744 Millions
Nutriband Inc	15.31	$ 1.804 Millions	$ 0.118 Millions
Nexalin Technology Inc	15.30	$ 0.150 Millions	$ 0.010 Millions
Wave Life Sciences Ltd	15.05	$ 110.500 Millions	$ 7.344 Millions
Icu Medical Inc	14.86	$ 2,304.822 Millions	$ 155.079 Millions
Fortress Biotech Inc	14.83	$ 82.624 Millions	$ 5.571 Millions
Precipio inc	13.94	$ 16.720 Millions	$ 1.199 Millions
Greenbrook Tms Inc	13.58	$ 116.485 Millions	$ 8.576 Millions
Capforce Inc	13.33	$ 1.965 Millions	$ 0.147 Millions
Patterson Companies Inc	13.30	$ 6,533.796 Millions	$ 491.147 Millions
Chemed Corporation	13.12	$ 2,335.557 Millions	$ 177.959 Millions

Date modified: 2026-09-08T15:11:18+00:00

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