Shockwave Medical Inc 's ability to collect accounts receivable sequentially worsen to 7.25, pointing to a challenging and on top of that deteriorating business climate for the Medical Equipment & Supplies industry. Shockwave Medical Inc 's Accounts Receivable average collection period in the Mar 31 2024 quarter, has increased to 50 days, from 49 days, in the Dec 31 2023 quarter.

If we take a look into Healthcare sector 212 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 1543 to 1825.

What is Receivable Turnover Ratio?
What is Shockwave Medical Inc Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

SWAV 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	47.6 %	60.51 %	53.87 %	61.48 %	76.22 %
Y / Y Revenue Change	35.72 %	41.36 %	41.25 %	48.8 %	72.02 %
Receivable Turnover Ratio (TTM)	7.25	7.41	7.64	7.79	7.97
SWAV's Total Ranking	# 1825	# 1543	# 1213	# 1764	# 1002
Accounts Receivable average collection period days	50	49	48	47	46
Seq. Receivable Change	8.63 %	15.92 %	2.34 %	14.53 %	18.14 %
Seq. Revenue Change	7.37 %	9.75 %	3.25 %	11.55 %	11.83 %

Receivable Turnover Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 74
Healthcare Sector	# 213
Overall Market	# 1825

Receivable Turnover Ratio Statistics
High	Average	Low
8.53	7.78	6.99
(Mar 31 2022)		(Mar 31 2021)

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

Financial Statements
Shockwave Medical Inc 's Accounts Receivable	$ 124 Millions	Visit SWAV's Balance sheet
Shockwave Medical Inc 's Sales TTM	$ 787 Millions	Visit SWAV's Income Statement
Sources of SWAV's Revenues		Visit SWAV'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
SWAV's Receivable Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
SWAV's Growth Rates	SWAV's Roa	SWAV's Inventory Turnover Ratio	SWAV's Dividend Comparisons
SWAV's Profitability Ratios	SWAV's Roi	SWAV's Asset Turnover Ratio	SWAV's Dividend Growth
SWAV's Valuation Ratios	SWAV's Roe	SWAV's Financial Strength Ratios	SWAV'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
Jrsis Health Care Corp	17.28	$ 3.962 Millions	$ 0.229 Millions
Neuraxis Inc	17.26	$ 2.302 Millions	$ 0.133 Millions
Talkspace Inc	17.10	$ 160.775 Millions	$ 9.400 Millions
Pulmatrix Inc	16.95	$ 11.684 Millions	$ 0.689 Millions
Dr Reddy s Laboratories Limited	16.28	$ 3,350.000 Millions	$ 205.750 Millions
Amneal Pharmaceuticals Inc	16.18	$ 2,495.439 Millions	$ 154.251 Millions
Wave Life Sciences Ltd	16.08	$ 112.914 Millions	$ 7.022 Millions
Milestone Scientific Inc	16.04	$ 9.444 Millions	$ 0.589 Millions
Onemednet Corporation	15.98	$ 1.618 Millions	$ 0.101 Millions
Qhslab Inc	15.95	$ 1.545 Millions	$ 0.097 Millions
Recursion Pharmaceuticals Inc	15.53	$ 46.235 Millions	$ 2.977 Millions
Marizyme Inc	15.52	$ 0.550 Millions	$ 0.035 Millions
Fortress Biotech Inc	15.24	$ 85.114 Millions	$ 5.583 Millions
American Oncology Network Inc	15.24	$ 1,958.491 Millions	$ 128.511 Millions
Nexalin Technology Inc	15.19	$ 0.159 Millions	$ 0.010 Millions
China Health Industries Holdings Inc	14.34	$ 0.061 Millions	$ 0.004 Millions
Icu Medical Inc	14.31	$ 2,256.721 Millions	$ 157.694 Millions
Ensysce Biosciences Inc	14.23	$ 2.101 Millions	$ 0.148 Millions
Chemed Corporation	14.18	$ 2,293.493 Millions	$ 161.797 Millions
Beyond Air Inc	14.09	$ 4.533 Millions	$ 0.322 Millions
Precipio inc	13.83	$ 15.812 Millions	$ 1.144 Millions
Innovative Eyewear Inc	13.76	$ 1.391 Millions	$ 0.101 Millions
Rosecliff Acquisition Corp I	13.76	$ 19.304 Millions	$ 1.403 Millions
Utah Medical Products Inc	13.74	$ 48.343 Millions	$ 3.518 Millions
Patterson Companies Inc	13.60	$ 6,568.242 Millions	$ 482.794 Millions
Neuroone Medical Technologies Corp	13.56	$ 3.727 Millions	$ 0.275 Millions
Gyre Therapeutics Inc	13.30	$ 115.691 Millions	$ 8.696 Millions
Eyepoint Inc	13.12	$ 50.019 Millions	$ 3.814 Millions
Amylyx Pharmaceuticals Inc	12.92	$ 398.001 Millions	$ 30.807 Millions
Nutriband Inc	12.87	$ 2.017 Millions	$ 0.157 Millions

Date modified: 2026-08-29T17:40:56+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.