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Zimmer Biomet Holdings Inc   (ZBH)
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Zimmer Biomet Holdings Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Accounts Receivable turnover ratio remained unchanged during the third quarter 2023, compared to the previous quarter at 5.32 pointing to a challenging and on top of that deteriorating business climate for the Medical Equipment & Supplies industry. Average collection period, for Zimmer Biomet Holdings Inc 's accounts receivable remained unchanged at 69 days, in the Sep 30 2023 quarter.

If we take a look into Healthcare sector 390 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2023 from 2526 to 2630.

What is Receivable Turnover Ratio?
What is Zimmer Biomet Holdings Inc Selling?


What is Receivable Turnover Ratio?




ZBH Receivables Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Receivable Change 4.87 % 6.65 % 10.1 % -1.67 % -8.15 %
Y / Y Revenue Change 5.02 % 4.93 % 10.09 % -10.44 % -13.21 %
Receivable Turnover Ratio (TTM) 5.32 5.32 5.34 5.34 5.48
ZBH's Total Ranking # 2630 # 2526 # 2391 # 2547 # 1253
Average receivable collection period 69 69 68 68 67
Seq. Receivable Change -1.95 % -0.98 % -0.04 % 8.06 % -0.28 %
Seq. Revenue Change -6.2 % 2.11 % 0.32 % 9.3 % -6.29 %


Receivable Turnover Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 130
Healthcare Sector # 391
Overall Market # 2630

Receivable Turnover Ratio Statistics
High Average Low
6.49 5.7 4.99
(Mar 31 2020)   (Jun 30 2017)






Financial Statements
Zimmer Biomet Holdings Inc 's Accounts Receivable $ 1,341 Millions Visit ZBH's Balance sheet
Zimmer Biomet Holdings Inc 's Sales TTM $ 7,279 Millions Visit ZBH's Income Statement
Where are ZBH's Sales coming from? Visit ZBH'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
ZBH's Receivable Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for ZBH's Competitors
Receivables Turnover Ratio for ZBH's Suppliers
Accounts Receivables Turnover Ratio for ZBH's Customers

You may also want to know
ZBH's Growth Rates ZBH's Roa ZBH's Inventory Turnover Ratio ZBH's Dividend Comparisons
ZBH's Profitability Ratios ZBH's Roi ZBH's Asset Turnover Ratio ZBH's Dividend Growth
ZBH's Valuation Ratios ZBH's Roe ZBH's Financial Strength Ratios ZBH's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Healthcare Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Patterson Companies Inc   14.56 $ 6,550.083  Millions$ 449.864  Millions
Talkspace Inc   14.24 $ 137.071  Millions$ 9.623  Millions
Owens and Minor inc   14.22 $ 10,227.886  Millions$ 719.123  Millions
Ainos Inc   14.15 $ 1.140  Millions$ 0.081  Millions
Lifeloc Technologies Inc   14.00 $ 9.250  Millions$ 0.661  Millions
Corcept Therapeutics Inc  13.76 $ 450.026  Millions$ 32.698  Millions
Protalix Biotherapeutics inc   13.48 $ 63.625  Millions$ 4.719  Millions
Exact Sciences Corporation  13.39 $ 2,407.624  Millions$ 179.784  Millions
Icu Medical Inc  13.12 $ 2,247.910  Millions$ 171.300  Millions
Milestone Scientific Inc   13.11 $ 9.788  Millions$ 0.747  Millions
Dmk Pharmaceuticals Corporation  12.53 $ 3.525  Millions$ 0.281  Millions
Ideaya Biosciences Inc   12.46 $ 23.484  Millions$ 1.886  Millions
Nutriband Inc   12.45 $ 2.088  Millions$ 0.168  Millions
Precipio inc   12.45 $ 13.259  Millions$ 1.065  Millions
Nanovibronix Inc  12.43 $ 1.203  Millions$ 0.097  Millions
Revance Therapeutics Inc   12.38 $ 214.162  Millions$ 17.292  Millions
Equillium Inc   12.38 $ 42.632  Millions$ 3.444  Millions
Amylyx Pharmaceuticals Inc   12.30 $ 294.222  Millions$ 23.922  Millions
Caribou Biosciences Inc   12.19 $ 34.611  Millions$ 2.840  Millions
Teladoc Health Inc   12.17 $ 2,579.597  Millions$ 211.896  Millions
  12.16 $ 1.370  Millions$ 0.113  Millions
International Stem Cell Corporation  12.16 $ 8.330  Millions$ 0.685  Millions
Merus N v   12.11 $ 45.674  Millions$ 3.773  Millions
Rockwell Medical inc   11.76 $ 79.550  Millions$ 6.763  Millions
Tg Therapeutics Inc   11.60 $ 189.773  Millions$ 16.357  Millions
Sunlink Health Systems Inc   11.57 $ 45.936  Millions$ 3.971  Millions
Surmodics Inc  11.49 $ 133.718  Millions$ 11.635  Millions
Travere Therapeutics Inc   11.46 $ 209.653  Millions$ 18.288  Millions
Zomedica Corp   11.36 $ 22.049  Millions$ 1.941  Millions
Integrated Biopharma Inc  11.32 $ 50.567  Millions$ 4.469  Millions

Date modified: 2023-11-08T18:47:34+00:00



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