Klotho Neurosciences Warrant(Kltow) Financials: Receivables Turnover Compared To Industry Average, Plus Other Key Ratios

Report Profitability Growth Liquidity Solvency Valuation

receivables turnover total asset turnover working capital turnover

Growth Trend (Last 5 Years)

Growth - receivables turnover

This chart shows the historical trend of receivables turnover for KLTOW compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Receivables Turnover

Definition: Receivables turnover tells you how quickly the company collects payments from customers after making sales on credit. A high turnover means customers pay on time and cash flows smoothly. Slow turnover suggests delayed collections, which can create cash shortages and financing stress.

Interpretation:
• In '2022', KLTOW's receivables turnover was 0.00, showing efficiency in collecting outstanding receivables. Industry average for Biotechnology: Biological Products (No Diagnostic Substances) in '2022' stood at 2.41.
Overall, KLTOW's receivables turnover has remained generally stable over the past 1 years.

Formula: Receivables Turnover = Net Credit Sales / Average Accounts Receivable

Good Range: Ranges 5 to 15 depending on credit terms.