Sonendo Inc 's ability to collect accounts receivable sequentially worsen to 7.33, indicating more challenging environment then in the third quarter 2024, but still, it is a far cry from any concerns. Sonendo Inc 's Accounts Receivable average collection period in the Dec 31 2024 quarter, has increased to 50 days, from 46 days, in the Sep 30 2024 quarter.

If we take a look into Healthcare sector 180 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2024 from 1216 to 1555.

What is Receivable Turnover Ratio?
What is Sonendo Inc Selling?

What is Receivable Turnover Ratio?

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SONX Receivables Turnover Ratio	(Dec 31 2024) IV. Quarter	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter
Y / Y Receivable Change	-27.53 %	-20.62 %	-28.22 %	-35.07 %	-12.37 %
Y / Y Revenue Change	-37.45 %	-22.61 %	-19.63 %	-34.72 %	10.01 %
Receivable Turnover Ratio (TTM)	7.33	7.87	7.84	7.56	7.47
SONX's Total Ranking	# 1555	# 1216	# 1770	# 1558	# 1558
Accounts Receivable average collection period days	50	46	47	48	49
Seq. Receivable Change	-17.17 %	-1.83 %	8.43 %	-17.81 %	-9.27 %
Seq. Revenue Change	15.12 %	-9.93 %	15.93 %	-47.96 %	42.43 %

Receivable Turnover Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 86
Healthcare Sector	# 181
Overall Market	# 1555

Receivable Turnover Ratio Statistics
High	Average	Low
0.72	0.43	0.19
(Dec 31 2024)		(Sep 30 2022)

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

Financial Statements
Sonendo Inc 's Accounts Receivable	$ 4 Millions	Visit SONX's Balance sheet
Sonendo Inc 's Sales TTM	$ 31 Millions	Visit SONX's Income Statement
Sources of SONX's Revenues		Visit SONX'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
SONX'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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SONX's Growth Rates	SONX's Roa	SONX's Inventory Turnover Ratio	SONX's Dividend Comparisons
SONX's Profitability Ratios	SONX's Roi	SONX's Asset Turnover Ratio	SONX's Dividend Growth
SONX's Valuation Ratios	SONX's Roe	SONX's Financial Strength Ratios	SONX's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Healthcare Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2024	Receivable at quarter ending Dec 31 2024
Inventiva S a	22.85	$ 26.794 Millions	$ 1.173 Millions
Macrogenics Inc	22.66	$ 149.962 Millions	$ 6.617 Millions
Legend Biotech Corporation	22.41	$ 627.241 Millions	$ 27.985 Millions
Bespoke Extracts Inc	21.73	$ 1.117 Millions	$ 0.051 Millions
Innovative Eyewear Inc	21.59	$ 1.636 Millions	$ 0.076 Millions
Marpai Inc	21.43	$ 27.977 Millions	$ 1.305 Millions
Valneva Se	21.09	$ 189.928 Millions	$ 9.006 Millions
Neuraxis Inc	20.09	$ 2.686 Millions	$ 0.134 Millions
Ontrak Inc	19.43	$ 10.824 Millions	$ 0.557 Millions
Precipio inc	19.34	$ 18.532 Millions	$ 0.958 Millions
Valion Bio Inc	18.57	$ 0.780 Millions	$ 0.042 Millions
Silence Therapeutics Plc	17.91	$ 43.258 Millions	$ 2.416 Millions
Talkspace Inc	17.86	$ 186.836 Millions	$ 10.459 Millions
Vireo Growth Inc.	17.37	$ 99.384 Millions	$ 5.721 Millions
Generation Bio Co	16.67	$ 19.892 Millions	$ 1.193 Millions
Innovage Holding Corp	16.60	$ 806.613 Millions	$ 48.590 Millions
Kiniksa Pharmaceuticals International Plc	16.43	$ 423.239 Millions	$ 25.764 Millions
Milestone Scientific Inc	16.26	$ 8.435 Millions	$ 0.519 Millions
Gsk Plc	16.16	$ 31,376.000 Millions	$ 1,942.000 Millions
Hookipa Pharma inc	16.12	$ 43.946 Millions	$ 2.727 Millions
Voyager Therapeutics Inc	16.00	$ 80.001 Millions	$ 4.999 Millions
Stablecoin Development Corporation	15.97	$ 9.481 Millions	$ 0.594 Millions
Petvivo Holdings Inc	15.73	$ 0.956 Millions	$ 0.061 Millions
Mannkind Corporation	15.59	$ 285.504 Millions	$ 18.312 Millions
Medinotec Inc	15.50	$ 8.947 Millions	$ 0.577 Millions
Nexalin Technology Inc	15.48	$ 0.169 Millions	$ 0.011 Millions
Cervomed Inc	15.47	$ 9.738 Millions	$ 0.630 Millions
Biofrontera Inc	14.59	$ 63.395 Millions	$ 4.346 Millions
Icu Medical Inc	14.57	$ 2,382.046 Millions	$ 163.441 Millions
Sangamo Therapeutics Inc	14.13	$ 57.800 Millions	$ 4.092 Millions

Date modified: 2026-08-29T07:24:50+00:00

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