Tornier B.V. (TRNX)
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Tornier B.V. Receivables Turnover Quarterly Chart
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Tornier B.V. Historical Receivables Turnover Quarterly Data
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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.
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TRNX Receivables Turnover Quarterly Benchmarks
| Companies | |
|---|---|
| Given Imaging | Go Pro |
| Greatbatch | Go Pro |
| Conmed Corporation | Go Pro |
TRNX Receivables Turnover Quarterly Rankings
| Overall |
70th percentile 2397 of 8011 |
| Sector |
60th percentile 272 of 687 in Healthcare |
| Industry |
49th percentile 47 of 93 in Medical Devices |
TRNX Receivables Turnover Quarterly Range, Past 5 Years
| Minimum | Go Pro | Sep 2011 |
| Maximum | Go Pro | Dec 2012 |
| Average | Go Pro |