DocMorris AG (XSWX:DOCM) Receivables Turnover : 10.17 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is DocMorris AG 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. DocMorris AG's Revenue for the six months ended in Dec. 2023 was CHF506.5 Mil. DocMorris AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF49.8 Mil. Hence, DocMorris AG's Receivables Turnover for the six months ended in Dec. 2023 was 10.17.

DocMorris AG Receivables Turnover Historical Data

The historical data trend for DocMorris AG'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.

DocMorris AG Receivables Turnover Chart

DocMorris AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

12.38

12.22

13.98

7.13

10.50

DocMorris AG Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															6.90	3.82	3.40	5.34	10.17

Competitive Comparison of DocMorris AG's Receivables Turnover

For the Pharmaceutical Retailers subindustry, DocMorris AG'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.

DocMorris AG's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DocMorris AG's Receivables Turnover distribution charts can be found below:

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

DocMorris AG Receivables Turnover Calculation

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

DocMorris AG's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	969.462	/ (	(129.351	+	55.387)	/	2 )
=	969.462	/	92.369
=	10.50

DocMorris AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	506.505	/ (	(44.177	+	55.387)	/	2 )
=	506.505	/	49.782
=	10.17

DocMorris AG (XSWX:DOCM) 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.

DocMorris AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of DocMorris AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

DocMorris AG (XSWX:DOCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » DocMorris AG (XSWX:DOCM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ZRSEF:USA DOCMz:UK

Address

Walzmuhlestrasse 60, Frauenfeld, CHE, 8500

Website

https://www.zurrosegroup.com

DocMorris AG is an online pharmacy company and wholesale supplier to medical practitioners in Switzerland. The Group's reportable segments are Switzerland, Germany, and Europe. The operating segment in Switzerland comprises the wholesale business of supplying medical products to Swiss medical practitioners and the retail business that is focused on providing end consumers with drugs and health products from Zur Rose. The Germany segment comprises the mail-order business in drugs and health products, as well as services for mail-order pharmacies. The operating segment Europe comprises the marketplace business of PromoFarma and Doctipharma. Majority of revenue is generated from Germany segment.

DocMorris AG (XSWX:DOCM) Headlines

No Headlines