Taro Pharmaceutical Industries Ltd. Accounts Receivables 2011-2026 | TARO

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Taro Pharmaceutical Industries Ltd.

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
247 M	214 M	235 M	238 M	206 M	204 M	239 M	222 M	139 M	120 M	111 M	121 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
247 M	111 M	191 M

Quarterly Accounts Receivables Taro Pharmaceutical Industries Ltd.

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	-	214 M	-	-	-	235 M	-	-	-	238 M	-	-	-	206 M	-	-	-	204 M	-	-	-	239 M	-	-	-	222 M	-	-	-	139 M	-	-	-	120 M	-	-	-	111 M	121 M	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
239 M	111 M	186 M

Accounts Receivables of other stocks in the Biotechnology industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
Verastem VSTM	8.81 M	$ 5.04	-4.73 %	$ 349 M	USA
VistaGen Therapeutics VTGN	2.8 K	$ 0.57	-5.87 %	$ 17.6 M	USA
I-Mab IMAB	130 M	-	-	$ 866 M	China
Aptinyx APTX	257 K	-	-39.0 %	$ 4.57 M	USA
Adaptive Biotechnologies Corporation ADPT	50.4 M	$ 12.41	-11.1 %	$ 1.88 B	USA
Xenon Pharmaceuticals XENE	1.47 M	$ 54.48	-1.89 %	$ 4.24 B	Canada
BeiGene, Ltd. BGNE	865 M	-	0.49 %	$ 251 B	Cayman-islands
ChemoCentryx CCXI	411 K	-	-	$ 3.74 B	USA
Enochian Biosciences ENOB	432 K	-	-	$ 40.5 M	USA
Summit Therapeutics SMMT	1.46 M	$ 16.58	-3.94 %	$ 12.4 B	Britain
Alnylam Pharmaceuticals ALNY	778 M	$ 317.36	-3.29 %	$ 41.6 B	USA
Arbutus Biopharma Corporation ABUS	1.45 M	$ 4.29	-3.6 %	$ 822 M	Canada
Brickell Biotech BBI	1.13 M	-	-5.38 %	$ 6.06 M	USA
Calithera Biosciences CALA	1.54 M	-	-10.95 %	$ 876 K	USA
Fusion Pharmaceuticals FUSN	7 K	-	-	$ 1.41 B	Canada
Amphastar Pharmaceuticals AMPH	144 M	$ 19.01	-2.66 %	$ 889 M	USA
ACADIA Pharmaceuticals ACAD	98.7 M	$ 20.75	-3.35 %	$ 3.44 B	USA
Alkermes plc ALKS	334 M	$ 29.39	-1.77 %	$ 4.84 B	Irlanda
AbbVie ABBV	12.6 B	$ 209.4	-0.81 %	$ 370 B	USA
AbCellera Biologics ABCL	39.4 M	$ 3.27	-2.39 %	$ 977 M	Canada
Acorda Therapeutics ACOR	17.3 M	-	-24.86 %	$ 820 K	USA
Acasti Pharma ACST	802 K	-	4.01 %	$ 150 M	Canada
Adverum Biotechnologies ADVM	886 K	-	-	$ 86.2 M	USA