Axogen Inc

NASDAQ AXGN

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Axogen Inc Accounts Receivable Turnover Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -0.33%

Axogen Inc Accounts Receivable Turnover Ratio 2 year CAGR is -0.33% for the Trailing 12 Months (TTM) ending March 31, 2024, a 30.48% change year over year. The accounts receivable turnover ratio measures the efficiency of a company in collecting payments from its customers. It is calculated by dividing the company's revenue by its accounts receivable. This ratio provides insight into how quickly a company collects outstanding funds owed to it. A higher turnover ratio implies that the company efficiently converts credit sales into cash, while a lower ratio may indicate delays in collecting payments or potential issues with credit management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Axogen Inc Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 1.67, a -2.67% change year over year.
  • Axogen Inc Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 1.72, a 1.78% change year over year.
  • Axogen Inc Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 1.69, a -3.44% change year over year.
  • Axogen Inc Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 1.75, a 10.32% change year over year.
NASDAQ: AXGN

Axogen Inc

CEO Ms. Karen Zaderej
IPO Date March 27, 1990
Location United States
Headquarters 13631 Progress Boulevard, Alachua, FL, United States, 32615
Employees 426
Sector Healthcare
Industry Medical devices
Description

AxoGen, Inc., together with its subsidiaries, develops and commercializes technologies for peripheral nerve regeneration and repair worldwide. The company's products include Avance Nerve Graft, a biologically active off-the-shelf processed human nerve allograft for bridging severed peripheral nerves without the comorbidities associated with a second surgical site; AxoGuard Nerve Connector, a porcine submucosa extracellular matrix (ECM) coaptation aid for tensionless repair of severed peripheral nerves; AxoGuard Nerve Protector, a porcine submucosa ECM product that is used to wrap and protect damaged peripheral nerves, as well as reinforces the nerve reconstruction while preventing soft tissue attachments; and Axoguard HA+ Nerve Protector, a processed porcine submucosa ECM base layer with a hyaluronate-alginate gel coating designed to provide short- and long-term protection for peripheral nerve injuries. Its products also comprise Axoguard Nerve Cap, a porcine submucosa ECM product that is used to protect a peripheral nerve end, as well as separates the nerve from the surrounding environment to reduce the development of symptomatic or painful neuroma; and AxoTouch two-point discriminator, a tool that is used for measuring the innervation density of surface area of the skin. The company provides its products to hospitals, surgery centers, and military hospitals, plastic reconstructive surgeons, orthopedic and plastic hand surgeons, and various oral and maxillofacial surgeons. AxoGen, Inc. is headquartered in Alachua, Florida.

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StockViz Staff

September 20, 2024

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