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Actelion (Actelion) Receivables Turnover : 1.48 (As of Mar. 2017)


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What is Actelion Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Actelion's Revenue for the three months ended in Mar. 2017 was $645 Mil. Actelion's average Accounts Receivable for the three months ended in Mar. 2017 was $437 Mil. Hence, Actelion's Receivables Turnover for the three months ended in Mar. 2017 was 1.48.


Actelion Receivables Turnover Historical Data

The historical data trend for Actelion's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Actelion Receivables Turnover Chart

Actelion Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 4.43 4.64 4.89 5.47

Actelion Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 - - 1.41 1.48

Competitive Comparison of Actelion's Receivables Turnover

For the Biotechnology subindustry, Actelion's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Actelion's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Actelion's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Actelion's Receivables Turnover falls into.



Actelion Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Actelion's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=2371.923 / ((429.327 + 437.383) / 2 )
=2371.923 / 433.355
=5.47

Actelion's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=645.285 / ((437.383 + 0) / 1 )
=645.285 / 437.383
=1.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Actelion  (OTCPK:ALIOF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Actelion Receivables Turnover Related Terms

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Actelion (Actelion) Business Description

Traded in Other Exchanges
N/A
Address
Actelion is a Swiss biopharmaceutical firm with several products on the market, largely focused on pulmonary arterial hypertension: Tracleer, Opsumit, Uptravi, Ventavis, and Veletri treat various stages of the disease via different methods of administration. Zavesca is a second-line option for Gaucher disease, and Valchlor treats a rare form of blood cancer. Actelion has created a global commercial infrastructure for its approved orphan drugs and has supplemented its internal pipeline through in-licensing and acquisitions.

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