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Journey Medical Corporation  (DERM)
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Journey Medical's Working Capital Ratio

DERM's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Current Liabilities decreased faster than Journey Medical's Current Assets, this led to improvement in Journey Medical's Working Capital Ratio to 0.98, Working Capital Ratio remained below Journey Medical Corporation average.

Within Major Pharmaceutical Preparations industry 442 other companies have achieved higher Working Capital Ratio than Journey Medical in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 3503, from total ranking in the second quarter 2023 at 4051.

Explain Working Capital Ratio
How much in Current Assets DERM´s has?
What is the value of DERM´s Current Liabilities?


DERM Working Capital 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 Current Liabilities Change -25.28 % 13.47 % 26.12 % 42.36 % 10.85 %
Y / Y Current Assets Change -43.86 % -43.17 % -32.73 % -8.06 % 19.16 %
Working Capital Ratio MRQ 0.98 0.7 0.79 1.16 1.31
DERM's Total Ranking # 3503 # 4051 # 3713 # 3183 # 3275
Seq. Current Liabilities Change -33.41 % -11.32 % 15.06 % 9.96 % 1.13 %
Seq. Current Assets Change -6.28 % -21.48 % -21.83 % -2.41 % -5.13 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 443
Healthcare Sector # 901
Overall Market # 3503


Working Capital Ratio Statistics
High Average Low
24.43 7.95 0.7
(Jun 30 2017)   (Jun 30 2023)




Financial Statements
Journey Medical's Current Liabilities $ 45 Millions Visit DERM's Balance sheet
Journey Medical's Current Assets $ 45 Millions Visit DERM's Balance sheet
Source of DERM's Sales Visit DERM's Sales by Geography


Cumulative Journey Medical's Working Capital Ratio

DERM's Working Capital Ratio for the trailling 12 Months

DERM Working Capital 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 Current Liabilities TTM Growth -25.28 % 13.47 % 26.12 % 42.36 % 10.85 %
Y / Y Current Assets TTM Growth -43.86 % -43.17 % -32.73 % -8.06 % 19.16 %
Working Capital Ratio TTM 0.9 0.97 1.14 1.33 1.48
Total Ranking TTM # 2958 # 2768 # 3830 # 3164 # 2647
Seq. Current Liabilities TTM Growth -33.41 % -11.32 % 15.06 % 9.96 % 1.13 %
Seq. Current Assets TTM Growth -6.28 % -21.48 % -21.83 % -2.41 % -5.13 %


On the trailing twelve months basis In spite of the year on year decrease in DERM's Current Liabilities to $45.41 millions, cumulative Working Capital Ratio to 0.9 below the DERM average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Major Pharmaceutical Preparations industry 429 other companies have achieved higher Working Capital Ratio than Journey Medical. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 2768 to 2958.

Explain Working Capital Ratio
How much in Current Assets DERM´s has?
What is the value of DERM´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Major Pharmaceutical Preparations Industry # 430
Healthcare Sector # 874
Within the Market # 2958


trailing twelve months Working Capital Ratio Statistics
High Average Low
14.87 6.07 0.89
(Jun 30 2017)   (Sep 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Major Pharmaceutical Preparations Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Universe Pharmaceuticals Inc  2.68 $ 36.810  Millions$ 13.754  Millions
Revelation Biosciences Inc   2.62 $ 14.147  Millions$ 5.400  Millions
Clever Leaves Holdings Inc   2.62 $ 17.934  Millions$ 6.847  Millions
Eton Pharmaceuticals Inc   2.61 $ 27.157  Millions$ 10.393  Millions
Vincerx Pharma Inc   2.58 $ 22.818  Millions$ 8.846  Millions
Pfizer Inc  2.56 $ 74,012.000  Millions$ 28,932.000  Millions
Hcw Biologics Inc   2.56 $ 13.848  Millions$ 5.417  Millions
Biomarin Pharmaceutical Inc  2.54 $ 2,955.308  Millions$ 1,163.223  Millions
Bioxcel Therapeutics Inc   2.51 $ 98.738  Millions$ 39.408  Millions
Galera Therapeutics Inc   2.47 $ 31.245  Millions$ 12.630  Millions
Heron Therapeutics Inc   2.43 $ 193.979  Millions$ 79.745  Millions
Societal Cdmo Inc   2.43 $ 49.785  Millions$ 20.524  Millions
Omeros Corp  2.39 $ 351.338  Millions$ 147.176  Millions
Acadia Pharmaceuticals Inc   2.38 $ 499.170  Millions$ 209.603  Millions
Madrigal Pharmaceuticals Inc   2.37 $ 235.469  Millions$ 99.152  Millions
Ultragenyx Pharmaceutical Inc   2.36 $ 599.188  Millions$ 253.978  Millions
Iterum Therapeutics Plc  2.35 $ 38.527  Millions$ 16.396  Millions
Mannkind Corporation  2.34 $ 225.575  Millions$ 96.374  Millions
Entrada Therapeutics Inc   2.32 $ 383.043  Millions$ 165.433  Millions
Lftd Partners Inc   2.30 $ 18.874  Millions$ 8.197  Millions
Conduit Pharmaceuticals Inc   2.27 $ 10.443  Millions$ 4.603  Millions
Oramed Pharmaceuticals Inc   2.25 $ 175.705  Millions$ 78.175  Millions
Mallinckrodt Plc  2.24 $ 1,787.500  Millions$ 799.000  Millions
Acurx Pharmaceuticals inc   2.22 $ 7.158  Millions$ 3.223  Millions
Eli Lilly And Company  2.20 $ 23,007.000  Millions$ 10,475.900  Millions
Renovorx Inc   2.19 $ 3.519  Millions$ 1.605  Millions
Nature s Sunshine Products inc   2.19 $ 160.223  Millions$ 73.312  Millions
Vaxxinity Inc   2.15 $ 46.356  Millions$ 21.561  Millions
Adial Pharmaceuticals Inc   2.15 $ 1.135  Millions$ 0.528  Millions
Avalo Therapeutics Inc   2.11 $ 12.659  Millions$ 6.005  Millions

Date modified: 2023-11-14T19:46:44+00:00



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