Galena Biopharma Receivables Turnover Quarterly
Galena Biopharma Receivables Turnover Quarterly Chart
Galena Biopharma Historical Receivables Turnover Quarterly DataPro Data Export
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About Receivables Turnover Ratio
The receivable turnover ratio quantifies a company's ability to collect liabilities/debts. It helps investors gauge the efficiency of a company's collection and credit policies.
A high ratio value indicates an efficient and effective credit policy, and a low ratio indicates a debt collection problem.
The way to read the receivables turnover ratio is as follows. Assume that a company has a receivables turnover ratio of 10. We say that "the company turns over its receivables 10 times during the year." In other words, on average the company collects its outstanding receivables 10 times per year.
View Receivables Turnover Quarterly for GALE.
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